This is a guest post by Christian Haring of Harbor Compliance
If you’re like me, when it comes to things like growing your business and expanding your capabilities, your go-to position is, “Yes, we can!” It’s part of the sales personality: we think positive. Yet too much of that can-do, climb-every-mountain spirit can sap your teams, and eventually you’ll see the evidence in numbers like sales, utilization rates, and overhead burden.
One of the best ways to improve your numbers is to focus your firm’s finite time and resources on what you do best. Knowing what to outsource, and when, is a key part of that equation for firms of all sizes.
Many firms we speak to are unaware that they can outsource business licensing and entity management. In fact, firms that outsource these functions to us routinely enjoy returns of 30X and up. How? Let me walk you through the factors and how they relate to AEC firms.