How to build a better business with Outsourcing
Any business, whether small or large encompasses multiple tasks to be completed on a daily or weekly basis. Of these tasks, several will be repetitive and can easily take much of your time.
To cater for these tasks, there are only two solutions:
1) Hire more staff to cater for the work but at the same time encounter all costs associated to employment contracts etc.
2) Outsource to another firm so that you can focus on your core business.
Outsourcing is no longer considered the domain of large companies. With the help of technology, even medium and small businesses are able to outsource their work, realizing higher profits in the process. Today, business process outsourcing enables professionals like software engineers, graphic designers, transcriptionists, accounting professionals, and other IT specialists to work from any corner of the world.
Any service like Accounting/bookkeeping, virtual assistant services, ePublishing, healthcare, document management, complex software development projects are being outsourced to third party companies.
Here is a list of some successful companies that believe in outsourcing:
1) Alibaba
The company initially outsourced its development helping ALIBABA.com compete against ecommerce giants like eBay
2) Slack
Now valued at nearly $3 billion, this company used outsourcing to develop its solution in its earliest days.
3) Nike
The Nike brand is one of the most recognizable in the billion-dollar footwear industry, and the company is commonly known for its outsourcing practices.
4) MYSQL
From the start, the company proved the success of a growth strategy that is the outsourcing of human resource in various countries to ramp up operations in each location.
5) SeatGeek
This company enjoyed great savings by outsourcing specific tasks to service providers in other countries. That helped them build their infrastructure quicker and at less cost.
When you outsource, you can focus on the development of your business rather than time-consuming tasks.
Visit our blog http://techmode-outsourcing.com/blog/en/ for more articles on outsourcing.