The CEO usually takes on endless responsibilities in a small business setting. The CEO typically fits the role of a creative, multi-tasking maniac, rainmaking, spirited individual! A successful professional in this capacity is one that delegates and outsources tasks as needed. Consider the possibilities of some of what the CEO outsources to lighten the load.
An independently operated small business can be defined by the company’s total annual volume of receipts (income, sales) and the number 
of actual employees. These metrics may vary among industry sectors. The business may be a sole proprietorship, partnership, corporation, or other legal entity.
The CEO is typically the most senior executive officer of the company. The CEO usually takes on endless responsibilities. In a small business setting, the CEO typically fits the role of a creative, multi-tasking maniac, rainmaking, spirited individual!
A successful CEO will outsource and delegate as needed.
A successful professional in this capacity can delegate and outsource tasks as needed. Outsourcing implies ‘sourcing outsiders’ to perform various tasks or functions.
The CEO, President, or other executive personnel must be able to communicate clearly and effectively transfer knowledge. Perhaps the most difficult is the ability to transfer control of duties and responsibilities to others. Above all, this ability will significantly impact the growth of the business. In short, financial disaster is imminent for any size business when delegating and outsourcing are not utilized appropriately.
To achieve growth while running a business efficiently, there will be numerous operational challenges, which may often detract from the critical objectives of the company. Therefore, scalability, process management, and the staff necessary to support the business, and its growth are critical. Certainly, because this process can impact healthy, profitable growth it is beneficial to carefully evaluate the potential for posting a 1099 opportunity for hiring independent contracted professionals on a part-time basis (as needed) rather than attempting to hire full-time W2 employees.
Below are Five Responsibilities of the Small Business CEO, where part or all of this responsibility can be outsourced.
- Strategy: Strategic planning is a critical element to all businesses, regardless of their size. As an example, a hospital, physician, or medical device company will reinforce their company’s vision of providing quality and compassionate care to improve healthcare. Above all, strategic planning will be established by hiring professionals with similar core values. Discussions of the company’s strategic planning may be beneficial with a consultant with a similar understanding of the company’s vision. The CEO and their outsourced duties for strategic planning are accomplished by working closely together with a high-quality consultant.
- Operations: The day-to-day operations of a business depends on numerous focuses for the CEO. Working with an established and experienced company with similar company core values the CEO outsources a few operational duties.
- Oversee all operations, results, and activities
- Developing business strategies with plans to implement
- Training a high performing management team
- Motivate and Lead with example
- Marketing: Your innovative product or service offering will still need great marketing to drive your business. Marketing efforts will include numerous entities.
- Sales and Marketing collateral,
- Web presence utilizing:
- Unique, relevant, and quality content to provide the medical and healthcare-related business a competitive edge,
- Solid SEO for Medical and Healthcare Providers, Medical Product Vendors, Service Providers, and Manufacturers, and
- Active Social networking specific for those in the medical and healthcare industry. It is important to diversify your Social Networking. Be sure to be somewhat active. (Don’t just start the social account but BE SOCIAL.) Consider having a social media policy in place.
- If you have a team to assist you, add marketing to their task list or consider outsourcing. This would include social networking.
- Sales: Building a High Impact Sales Force with Independent Sales Representatives is An Investment You Can’t Afford Not to Make
Human Resources: Hiring needs will certainly grow as a company grows. For many businesses, it makes sense to outsource to MedCepts as your dedicated HR manager and retain recruiting services to handle screening, hiring, training, and employee-related processes.