In all honesty, what comes to your mind when you hear people say “outsourcing?” My response would have been corporate attempt of the Americans to get the most affordable labor at the customer’s detriment, if you had possibly asked me this question many years ago.
Here are four unexpected reasons your insight regarding outsourcing may be faulty and what you can do about it to grow your business.
1. Outsourcing is Really a Less Risky Method of Hiring People
You can now access many free outsourcing platforms with the available freelance marketplaces. You are able to look through the profiles of talented individuals all over the world with only a few clicks. Skill sets include high-level marketing consultants and administrative assistants.
You can lessen your risk and cut down your general operating expenses by outsourcing particular tasks to the virtual marketplace. Rather than employing generalist full-time workers, match talented consultants to your exact needs. All you need to do to get started is to find out low risk, high-reward functions to outsource.
2. Outsourcing has Now Made Emotion a Thing of the Past
Decisions about staffing become less emotional, when you outsource via a virtual marketplace. For small and large budgets, outsourcing is now a certainty. With more than a few qualified workers at your disposal, the best fit for your task is always available. Choose to capitalize on this opening.
3. Outsourcing Really Makes Your Accounting Simpler
From accounting point of view, it is no secret that secret that employing a worker in the United States can be challenging, particularly for small-business owners. You must pay the correct employment taxes, follow all rules as laid down by the Inland Revenue Service (IRS) and give paid time off and benefits. You set the rules straight by outsourcing.
4. Outsourcing will Offer You Access to Higher-quality Talent at a Reduced Cost
A lot of entrepreneurs and business owners struggle to get extremely qualified, budget-friendly team members. If you operate your business in a major market, this can be predominantly true. The cost of highly-experienced labor in these markets can be expensive. You can still outsource jobs to reduced cost locations of your own country, even if you don’t have interest in offshoring.
With these four reasons, you can see that outsourcing is paramount to business development. Hence, it is no more a dirty word. But to get the best of outsourcing for your business, make sure you outsource wisely.
Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! inspires entrepreneurs build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams.