A regular topic of conversation in the world of business is the pursuit of saving time.
Most of the time lost usually comes from a lack of expertise in specific aspects which are required for you to run your business, but that you don’t know how to tackle efficiently yourself. A smart solution is outsourcing. By having someone else take care of these tasks you’re able to focus on the main labor of your business (what you’re actually good at).
The reason why 68% of businesses hire outsourcing companies is because of the high quality results one can obtain without requiring the same level of time investment. In many cases it is also the most logical alternative, financially speaking.
Let’s see a possible scenario:
An area such as graphic design or social media management is far from the specialty of say, a law firm. However, it is probably a good idea for them to have a nice looking logo and to have a decent social media presence if they want to keep new clients coming in.
This is a typical situation in which a company is unable to accomplish a process necessary for their business with the team they currently have.
They would need to hire a bunch of new people to take care of these tasks which, of course, they can easily do.
However, if the one is looking to cut on employment costs or simply doesn’t want to add a group of people permanently to their team – outsourcing is a perfect solution.
It also allows your core team to keep focusing on what they do best whilst taking care of all other aspects that are still important for the company’s wellbeing. Outsourcing can therefore make running some areas of your business a breeze, whilst still maintaining the results you expect.
Here are some models of outsourcing that exist:
Off-shoring: This is the type of outsourcing Backoffice Abroad offers. It consists of a team based in a different country to where you’re established that works for you remotely. This is usually cheaper than hiring locally, which makes it an affordable alternative. It also allows you to put together a very diverse team of people.
Off-site: This is when a business has outsourced employees working for them remotely from the outsourcing company’s office.
Co-sourcing: Two companies or more that agree to share responsibilities and that benefit mutually by taking care of tasks for each other.
In-house: This is when the hiring company has outsourced workers that work for them within their own headquarter or in-office.
As you appreciate, outsourcing is a very versatile process that can be tailored to benefit you no matter what’s your situation is.
Each case is unique but with so many possibilities it is easy to see why outsourcing is one of the most relevant trends in business of the past few years.