Running a small business often means wearing multiple hats—sales, operations, marketing, and sometimes even IT support. But spreading yourself too thin can stifle growth. That’s why more small businesses are turning to outsourcing. By delegating non-core functions to trusted professionals, business owners can focus on what matters most: growing their company.
Here are three of the best functions small businesses can outsource—accounting, HR, and IT—and why doing so can be a game-changer.
1. Accounting and Bookkeeping
Financial management is essential but also time-consuming and detail-heavy. For many small businesses, outsourcing accounting is one of the smartest moves they can make.
Why outsource accounting?
- Ensures accurate financial records and compliance with tax regulations
- Saves time and reduces costly errors
- Provides expert insights for budgeting and forecasting
- Gives you access to tools and technology without having to manage them in-house
Common outsourced services include: bookkeeping, payroll processing, accounts receivable/payable, tax preparation, and financial reporting.
2. Human Resources (HR)
Hiring, training, compliance, and employee relations are critical, but they can easily overwhelm a small business without a dedicated HR team.
Why outsource HR?
- Reduces the risk of compliance mistakes with labor laws and regulations
- Streamlines recruiting and onboarding Virtual CFO processes
- Provides access to employee benefits packages that may otherwise be out of reach
- Improves workplace culture with support for policies, training, and performance management
Common outsourced HR services include: payroll administration, benefits management, recruitment, and compliance support.
3. Information Technology (IT)
Technology keeps businesses running, but managing IT in-house can be expensive and complex. Outsourcing IT support is often the best way to stay secure, up-to-date, and efficient.
Why outsource IT?
- Protects against cybersecurity threats
- Ensures regular software updates and system maintenance
- Provides 24/7 support without the cost of a full-time IT team
- Helps integrate new technologies to support growth
Common outsourced IT services include: help desk support, data backup and recovery, cloud services, network monitoring, and cybersecurity.
The Bottom Line
Outsourcing isn’t about losing control—it’s about gaining efficiency and expertise. For small businesses, outsourcing functions like accounting, HR, and IT can lower costs, reduce risks, and free up valuable time to focus on customers and growth.
By partnering with the right providers, you’ll not only save resources but also set your business up for long-term success.