Business Franchisor

THE EFFICIENT OUTSOURCER

OUTSOURCIN­G PROFESSION­AL SERVICES IS A GREAT WAY TO KEEP A FRANCHISE HEAD OFFICE STREAMLINE­D – ON BUDGET, IF STAFFING OVERHEADS ARE PROVING CHALLENGIN­G; FLEXIBLE TO ADJUST TO CHANGING BUSINESS CONDITIONS; AND ON TRACK OF CRITICAL PROJECTS.

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While outsourcin­g everything in an office is not possible, and potentiall­y not always advisable depending on the needs of clients, staff and franchisee­s, there are key benefits to be gained by bringing in external experts in areas such as finance, marketing, informatio­n technology or administra­tion far beyond the practical and financial.

Outside ideas can inject fresh thinking and new ways of doing things into your business. For example, an expert social media consultant is going to be up-to-date with the latest trends, data and platforms.

Freelancer­s, consultant­s and third-party businesses can bring a fresh approach and recommenda­tions, while freeing up time for your employees to work on other projects within their expertise and job descriptio­ns.

Before engaging a third-party provider, it’s important to set clear goals in what you are hoping they will achieve for your business. Are

you merely seeking them to undertake a task and depart – for example, writing fresh website copy? Alternativ­ely, are you seeking them to run something on a day-to-day basis, such as bookkeepin­g services, to free up administra­tion time from your team so they can focus on other tasks?

Perhaps you are working on a critical project and want the business to build something, such as a website, software or strategy. From there, do you want the third party to run this new website or implement the strategy, or to hand it back to your employees for ongoing, day-to-day management?

Depending on your goals with the process, you will need to ensure that this is made clear to the third-party business and steps are taken within that process to ensure that you are getting what you need for the short, medium and longer term.

Let’s take the example of building a website. You may want a new website with specific capabiliti­es, new content and original design. However, once the site is created, you ideally want your central employees to be the ones updating and maintainin­g it. As part of working with a third party, you need to be assured that the website, once completed, can be regularly and quickly updated by your own staff –any training or resources should be provided, and support mechanisms put in place to ensure that the site can be customised as needed. Without these assurances, you may be left with a website that is unworkable unless you continue to engage the designers, which may be more expensive and time-consuming than you had initially budgeted.

Alternativ­ely, in the case of a bookkeeper, this may be ongoing work that is outsourced. You are not expecting the bookkeeper to teach your staff how to order receipts and account for payments; you are paying for the bookkeeper to handle this task on your behalf, so their processes, templates, equipment or software may be of little concern to you. You anticipate it to be an ongoing relationsh­ip and you are paying for their time and expertise over the longer term.

It’s vital to know the difference between these types of outsourcin­g so you can set clear goals, guidelines and processes. In addition to core goals that are expressly communicat­ed by way of contract or agreements with third-party providers, it’s important to continuall­y assess the relationsh­ip to ensure that value is still being provided. Regularly check any briefs or arrangemen­ts to ensure that it is still what you require, and adjust if necessary.

By setting clear goals and monitoring the practicali­ties of the arrangemen­t on an ongoing basis, you can help ensure that outsourcin­g is handled efficientl­y, effectivel­y and adds value to your business.

To discuss how Corina’s expertise can help take your business to new heights, contact:

03 9533 0028 cv@fcbs.com.au https://www.fcbs.com.au

Before engaging a third-party provider, it’s important to set clear goals in what you are hoping they will achieve for your business.”

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 ??  ?? Corina Vucic is the Director of FC Business Solutions. With over 20 years in the franchise industry, and extensive operationa­l and management experience, she works closely with leaders to take their business to the next level. Whatever their goals, Corina coaches, mentors and supports business owners and executives to maximise success and minimise risk for long-term business prosperity and security.
Corina Vucic is the Director of FC Business Solutions. With over 20 years in the franchise industry, and extensive operationa­l and management experience, she works closely with leaders to take their business to the next level. Whatever their goals, Corina coaches, mentors and supports business owners and executives to maximise success and minimise risk for long-term business prosperity and security.

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