- 10 Sep
Assessing benefits you can get from outsourcing tasks in your business
Here is the fact: you can use outsourcing to reduce your business operational cost and therefore increase your company profit. So, if you are looking for a ‘quick’ way to generate profit, here is the most-common recommendation you will hear, especially if you own a small business. Even though there are still many contradictions about outsourcing for business, this resource strategy has proven its ‘success’ in generating profit for any business since its first existence.
If you come to each office which deploy outsourcing and ask for their reason in choosing this strategy, it is likely you will get different, specific purposes from each of them. However, if you look further, we can draw one connecting line from reasons they told. Many company owners believe that outsourcing is the ‘perfect’ way that can help their business because they can leave the task to the responsible person. Since there is someone outside the company who is working on the project, the company can save more time than usual. Business owner can use this time to concentrate on other subjects that need their attention. However, this resource term has gained some eminence because of its relevance with information-technology industry.
In order to help you in assessing what kind of benefits your business can gain from outsourcing, here are some easy steps you can use:
1. Learn about general benefits you can gain from outsourcing
Before you can learn its specific benefits, outsourcing can give to your business, start with learning the general values first. That is the precise way you can assess the full potential of outsourcing. You should learn about how a person with particular expertise can offer you cost-effective prices, enormous business savings, increase in your business, quick deliveries, competitive edge to your office, ultimate efficiency, and finally enough time for you in focusing on the core of your business.
2. Learn about possible value you can learn regarding the cost aspect
Have you ever realized the real reason for companies in choosing outsourcing as their business solution? Have you ever learned the reason of vast adoption level of outsourcing in businesses? Let me tell you this important fact. Since we knew it for the first time, outsourcing is useful not only in increasing time efficiency for your business, but also cutting your operational cost. However, outsourcing is also a sensitive strategy. If you do not lead your foot on the right path, outsourcing will only drain your budget. If it turns as nightmare, I strongly suggest to keeping away from it.
You should seek to develop countries if you want to outsource several tasks in your office. The reason is clear. Developing countries offer quality resources at cheaper rate than people at developed countries. If you run your company in US, then I suggest you to hiring people from India, Indonesia, China, and Philippine. People from these countries may not come with native-speaking ability, but once you have trained them well, they may evolve to an asset you cannot lose.
3. Timezone difference is useful
There are great benefits lie behind different time zones we have. If your office concerns in giving 24/7 for your customer, you may need to think about hiring several freelancers from several different places. Even with several hours difference between two areas, you can ensure your customers will get continuous support from your staff.
4. Raise your company profit
Outsourcing is an absolute strategy that will help your business in increasing both your productivity level and profits. It will allow you to giving more concentration on your core business than tasks you can actually outsource.
However, you should remember that outsourcing is not for all tasks you get in the office. Choose the tasks well and pick the best person to do the job. It is the only outsourcing-related way you can guarantee that instead of bringing nightmare to your business, outsourcing will bring great benefits.
5. Better and cheaper resources are available in some countries than yours
The more people you get working on you, the easier you will drive profit to the office. However, the better experience and skills people get, the stronger reason they ask for, the higher salary than they currently have. This is a situation relevant to outsourcing we never want to face, but reality forces us to deal with this condition. Well, there is a quick solution for that.
If you cannot find people who want to work for you at your current salary rate, there will always be other people from other places who want to work for you at that rate. If you cannot get people who live nearby, try to find at other places whose people want to work for you at affordable rate, even though if it means you should find people from other countries. Here is one tip I can give to you: people from developing countries will do well for you and your business.
6. Outsourcing is very helpful in increasing the speed of your business process
Well, this one is easy to understand. When you get more people than currently you have to work on a task, it will help you in increasing the business speed. That is precisely how businesses can get their valuable time back again. You need to ensure the ultimate efficiency of all processes in your office if you concern about increasing your customers’ satisfaction. This is the crucial point for any business in this world. When people have high satisfaction to your business, they will trust your company to handle their request. It means that people will believe your office for more projects in the future than you currently deal. For the long time, outsourcing has played a great role in business growth. Today is no longer the time to learn whether outsourcing will give benefit to your business. Instead, today is the perfect time when you should deploy outsourcing to all possible tasks you have.