If you’ve recently considered starting a brand new business, have you considered everything that comes with that decision? Successful new businesses rely on the talent and support of other businesses to help them achieve their goals. For example, every successful business will work with an accounting business to keep their books updated and precise.
What are some of the top businesses every new business should consider working with?
Accounting & Bookkeeping
First, as previously mentioned, every business needs to have a qualified team of bookkeepers and accountants. An accounting team will help a business establish a great system to keep track of their finances and later on for tax season. Business taxes are one of the most complicated processes any new business owner faces. To prevent things from being even more complicated, hire an outside accountant to work with your business.
Secondly, you need to purchase the right software to implement accounting best practices. Depending on the type of business you operate, you will have different options available to you. For example, any small business can use software like Quickbooks or Freshbooks. If you’re in the business of equipment or property rental, you’ll need a software like EZLease to ensure your books are compliant with legal requirements.
IT & Technical Support
Next, you’ll need a good IT support team behind your operations. Everything you use in your day-to-day operations requires some form of technology, including computer systems, , phone systems and security for any of your digital assets. When it comes to outside hiring for IT, you’ll have two options available to you: hourly technical support or a managed service plan. While hourly support is self-explanatory, the latter requires some explanation. Managed IT support is scoped for businesses with several technology assets, which usually means well-established businesses with multiple employees. With this support, technology is protected by ongoing support put on priority. Any technical support request is covered under a pre-determined monthly budget or bank of hours.
As you can see, depending on the type of business you operate and how many employees you have on your team, you may need hourly support or service from a managed IT support company.
Marketing Expertise
Finally, you’ll need a way to promote your products or services through the help of a marketing specialist. Any marketing manager will be able to show you how to successfully market your brand assets, products or services while maintaining healthy returns from a monthly advertising budget. Your marketing leader should also understand which channels to penetrate to make your business successful. For instance, they will recommend using advertising tools like Google Shopping for e-commerce businesses or Yelp ads for local restaurants.
Establish a cohesive marketing strategy and then hire outside experts to execute it. The marketing you do now for your business will bring the customers in the door you need.
Hire Expertise to Suit Your Business Gaps
These are just three examples of popular outside help a business will commonly hire. Accounting and bookkeeping firms keep businesses on track with revenue goals, tax preparation and so much more, while marketing and IT are essential roles to fill with qualified experts. By setting your business up with these outside services, you’ll ensure a chance at success for your new business.
Evaluate other gaps you may be feeling in your day-to-day operations. Does it make sense to hire outside customer service specialists? Or maybe you need to hire an outside video production company to assist in the launch of a cool new product. No matter the need, there are experts you’ll want to consider to fill these needs.