4 Third Parties to Depend on for Running Your Business

When you are in business, you outsource in the areas where you don't have expertise. This is nothing to be ashamed of – it's simply being a smart business owner. There are several third parties you should depend upon in order to help run your business more efficiently.

Lawyer

A lawyer is an important third-party to work with within your business. You may need a variety of legal documents drafted, including employee contracts, business agreements, and more. You want to make sure that they are legally binding so that you protect your business more effectively.

It’s also a good idea to have a lawyer to depend on when you need mediation or simply need advice when it comes to making major business decisions. You want to make sure that you do everything on the “up and up” and a lawyer will be able to ensure this happens.

Accountant

An accountant is one of the best people to have when it comes to your finances. Depending upon the industry you are in and how your business is labeled, there may be a variety of requirements for you to follow, including sending monthly or quarterly tax returns, filing sales tax documents, and much more.

You may depend on an accountant daily in order to maintain your accounting records or you may choose to work with them on an as needed basis. Either way, they are going to be critical when it comes to running your business smoothly.

Insurance Agent

An independent insurance agent should be on your team of advisors. This will ensure that you have sufficient insurance coverage for your business. It will include everything that is critical – property insurance, liability insurance, commercial auto insurance, and much more. As your business evolves, so will your insurance policies. An agent will also continue to get quotes from multiple insurance companies that write policies in Florida to keep your policy as affordable as possible.

Risk Management Assessor

Working with a risk management assessor will allow you to learn more about your business throughout the year. You may want to schedule a risk management assessment to take place monthly, quarterly, or as needed. This will allow you to learn where various risks are within your business. This is something that should be handled by a third-party because you need someone who is removed from the situation. You may bypass certain risks because you see your facilities on a daily basis.

You need to protect your business on every level. This means working with third parties on a regular basis to ensure that the protection is in place. While you may need the help from some third-parties more frequently than others, it's important to have them available whenever necessary.