Business owners are often faced by numerous challenges since they are compelled to wear many hats. The owner functions like an employee and gets the service of the business done personally. At other times, owners are the managers and are responsible to hire staff to get the work of the business done. Serving several masters at the same time is often detrimental since it contributes to delivery of low quality work. The wise people have a good understanding that when the business owners are involved in running several businesses at the same time they are normally less productive. The success and profitability of the business is likely to reduce since the investor will not be giving adequate time to each part of the business. However, smart owners seek expertise through outsourcing since they understand they will get better quality of the work doe and often at a lower cost. When y...
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