Responsibility
If you own more than one business, you may benefit from hiring a contract management company to handle the day-to-day details of your company, leaving you time to focus on the big picture. Responsibilities you can turn over to the management team include recruiting, hiring and training your staff. Terminations also can be turned over to the outsiders. Instead of relying on an in-house manager, you'll be bringing on the expertise of an entire management team that usually brings to the table experience in a number of management areas, such as employee tax codes, marketing and accounting.