Have you heard of competitive advantages in business? A business is doing so well and seems to be enjoying circumstances that put a business in a favorable position; that is what competitive advantage is all about. One thing about this advantage is it does not come by chance. There is need for a lot of hard work, as well as smart work in order to have such edge in business.
One of the ways of getting a competitive advantage over your competitors in business is to outsource initiate best business practices, and outsource those of them you seem not to get a hang on for some reasons.
How do you do this?
1. KNOW YOUR COMPETITORS; BUT DON’T WASTE YOUR TIME LOOKING:
You have a business to run, and it is not wise to spend time looking for who is and who is not competing with you in your line of business. Despite that, it is important to know who your competitors are, and the smart thing to do in this case is to outsource. Outsourcing this task to outsourced service providers will give you time to focus on your business, while putting yourself in a position where nothing takes you by surprise. The service provider should find out how your competitors operate, where, when, and every other thing that makes them tick in business. You can learn from their findings to help you stay ahead.
2. TRY NEW THINGS ON LOW KEY:
If you have a new system you want to implement, and you’re not sure yet if it will work out fine, the best thing to do is to apply the system on a low key level. Do not spend so much money hiring and training staff; rather, outsource this new operation to an outsourcing firm and watch from a distance how well the plan works out.
If it works out well, you may decide to extend the duration of your contract with the outsourcing firm, or you can hire and train employees to handle the new system of business operation.
3. HAVE AN QUALITY ONLINE PRESENCE:
Technology has made it such that the internet has become a strong part of our lives. If you want to have an edge in your business, it is important to have an online presence on social media and other platforms that will allow your o showcase what you do, and to stay connected to your clients. But since you have a business to run, you better outsource this task to capable hands.
Having an online presence will give you a platform to associate with your customers, and to attract new customers as well.
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.