Outsource Your Admin
Outsourcing [the administrative aspects of creating financial plans, such data entry and note transcription] is a way to gain efficiency without adding overhead. --Wendy Kawolik
Wendy Kawolik, president of One Advocate Group, advises you to delegate tasks that prevent you from meeting clients and prospects. While she struggled with the decision, once she hired a para-planner she had more time to build her business, and her fee-based revenue increased significantly. If you're not ready to hire staff, you can outsource the administrative aspects of creating financial plans, such data entry and note transcription. Kawolik notes outsourcing these functions is a way to gain efficiency without adding overhead.
-Wendy Kawolik, president of One Advocate Group, in Practice Tips: Outsourcing
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Posted by wulijun on December 30, 2010 at 01:18 AM EST #