Outsourcing start-up jobs and work
As a company founder, you are usually overwhelmed by work. At first you have no or few employees and everything is up to you. You quickly run out of time to implement your actual business idea and develop your products or services because you have to write invoices, send packages, make phone calls to local newspapers and maintain your social media contacts. But handing in work: Can you afford that as a founder? Many founders are of the opinion that they can save themselves the costs of outsourcing. In addition, they want to have everything in view, especially at the beginning, and not give anything away so that nothing can go wrong.
Trust in the experience of professionals
But remember that no one is good at everything and that some people are more experienced in certain areas than you are. If you therefore hand over accounting, shipping, advertising or PR tasks to experts when managing your company, it can only be beneficial for your company. And you can concentrate more on your actual core business again, take on the annoying bureaucratic procedures and hold petitioner discussions that are pending at the beginning of your entrepreneurship. You can find out which offices and institutions you need to register with in our collection of official channels.
Be a service provider search and partner choice for start-ups
If there is more buffer left after a few months, you can take over the outsourced concerns yourself. You may then have time to attend training seminars and, for example, familiarize yourself with the accounting area. After that, you can do this job better than you did when you started your business. Or the future developments are already so well advanced and foreseeable that you can even hire someone for such tasks.
What work can you outsource without a guilty conscience?
- Get digital support
Other digital solutions support you with optimized programs to carry out your duties independently. If you are not that well versed in this area then you need not worry. Plus, you don’t need to develop a new system for your approach. The structures are already given. In bookkeeping, for example, Lexware takes the pressure off you to varying degrees.
However, if you decide to hire an external accountant for your purposes, you still have to decide whether a tax advisor or a freelance accountant will help. The latter often takes a lower salary, but you still need a tax advisor for tax matters. In that case you already have two contacts with whom the communication must work.
- Founding an individual or a team?
For every founder, the question associated with far-reaching consequences arises as to whether he would like to implement his business idea alone (without co-responsible business partner) or with one or more partners in a team.
- Single foundation
The strong are most powerful alone …
The greatest advantage of setting up an individual company is that you are your own boss and there can be no differences of opinion, which noticeably accelerates decision-making processes.
Misunderstandings, unclear agreements, lack of communication – none of this is an issue for a single company. That means you are flexible and can implement your ideas exactly how you want. As a self-made entrepreneur, you also enjoy a certain reputation.
For a single establishment is no minimum capital required and the start-up costs are very low. Due to the personal liability, the individual founder also enjoys high creditworthiness with any lenders.
The most noticeable “disadvantage” is the question of liability when setting up an individual company. AG is only liable with its share capital, the individual founder basically risks all of his personal assets (business and private assets) in his company.
Personnel bottlenecks inevitably lead to a corporate crisis, as there is no one who can step in. Since nobody can and can know everything, the freedom to decide alone quickly turns into the compulsion to have to decide alone – and to bear the responsibility for it all alone.
Only assisting family members (helper) is not a founding partner, provided that he no responsibility has for the company.
- Legal Form
A wise and forward-looking choice of the legal form of the future company is particularly important for a single company. The choice depends on several factors, all of which have to be weighed against one another and which depend heavily on the individual needs of the founder. In the possible options, there are sometimes large differences in terms of liability, minimum capital, bookkeeping and start-up costs.
Even so, you shouldn’t give up all the smaller jobs. In each individual case, the advantages and disadvantages must be weighed against each other. Tobias Ebert has clearly summarized how you can proceed with your cost-benefit analysis based on 10 criteria.
For example, you should do seldom repetitive work internally. In addition, find the solution that best suits you and compare the prices.