July 2025

As a small or medium business owner, you are consistently asked to do more with less — less time, less budget and fewer hands on deck. Every decision can impact your bottom line and your bandwidth. One of the biggest choices you will face is building an in-house team or bringing in outside experts.

In-house teams give you closer collaboration and deep brand familiarity. However, outsourcing can offer flexibility, lower costs and quick access to specialized skills without a long-term commitment. Striking the right balance goes beyond cutting costs. It involves making wise decisions that help you grow without burning out.

Many adults feel unprepared to handle unexpected expenses, save enough for retirement or even make ends meet. They often take on credit card debt, get loans with high interest rates, withdraw funds from retirement accounts or cash out investments to close the gap, which puts them in a worse position. 

At the very least, they can’t contribute as much to their savings or retirement accounts as they would like. Money is a massive source of stress for people in this position. Management may not realize it, but these worries spill over into the workplace, impacting everything from retention to absenteeism. If they want to improve their bottom line, they must address this problem.