The way companies operate have changed overtime. Before, acquiring talent means considering how close they lived to the office. Today, more companies, small-scale or giants, hire the same experienced individuals wherever they are in the world. That\’s what we call outsourcing. But the big question is, when is the right time to outsource? Whether you are a start-up business owner who wants to take some administrative tasks off your plate or a large-scale company owner who is having a hard time focusing on core business processes, outsourcing can definitely make your life easier and build your business better. In this article, we list the reasons when you should start outsourcing.
When You Need To Lower Your Costs
If you want to allot your budget to improve other major operational aspects of your company or if you just think that you are spending more on unnecessary costs, it\’s best to outsource.
Outsourcing is usually done whenever you need help but are on a budget. Since outsourcing people have more affordable rates compared to regular employees, you get to save a great percentage of your money. Also, in comparison to when you hire the same skilled people in your native country, the cost would be very high. There is a huge wage comparison when it comes to Western developed countries and developing countries like the Philippines. Since the latter have a large working population, you can hire skilled and professional employees with affordable salaries. Another aspect that would make you definitely reduce some costs is when you outsource a bulk of your work. Given that you will be needing more people, you get to save more on your capital.
Outsourcing won\’t require you to allot budgets for a computer, desk, chair, and other equipment that a regular employee will need. Furthermore, training and recruiting won’t be your responsibility anymore as outsourcing companies will already do that for you.
When You Need To Deal With Areas Outside Your Core Competencies
Many organizations and businesses spend their time focusing on areas outside their core competencies because it’s also part of the operations. These can run from accounting, human resources, I.T, customer service, and more. Most companies fail to realize that they have put much emphasis on these departments when it’s not even their focus. Outsourcing companies like Virtua Solutions, Inc. are equipped with experienced people that can easily handle all the extra stuff that you need. It does not really matter whether your company offers the best customer service or accounting solutions when it is not you core business. Why not leave those areas to outsourced employees and improve more on what your company is really about.
However, if you outsource, you can clear your mind and prioritize the true value of your company. You can be hands on in developing more products or services. Moreover, you’ll have more chances of growing profit and opportunities for your company to reach higher levels.
When You Are Expanding Your Talent Pool
In-house employees are hired for a reason. They are skilled and experienced workers who can do the intended job given to them. But what if the people you have right now need to be more equipped with certain knowledge and capabilities. Does it mean that you have to look for other people again and repeat the recruitment process? And when you need a new set of people, you’ll do the same process again?
If you are expanding your pool of talents who are qualified to do just about anything that your company needs, outsourcing is the best way to go. Outsourcing agencies hire the best skilled employees with expertise on different areas of work. This means that you are looking at an endless pool of talents that you can hire whenever you need help in your company.
Moreover, when the time comes that an urgent position needs to be filled in, looking for the best talent will come easy when you hire an outsourcing agency. You don’t have to undergo the rigorous process of looking for candidates as you can just pick out from the list of talents that you have.
When You Are Growing or Expanding
Whenever a company is gaining more customers, collaborations with other businesses, and loads of endless tasks, it means that you are growing or expanding your operations. During this stage, everything that you do within and outside your company is crucial. From the way you handle administrative duties to the more critical expansion of another office, this time should be carefully considered.
Knowing that you have a lot on your plate in making sure that everything runs smoothly, outsourcing people can be the solution you are looking for. With growing and expanding, challenges and problems come in like a wind. Sometimes you don’t see it at first but when it’s already there, you’ll just feel it affecting your fruit of labor. We don’t want that to happen, right? So, while you are still starting to manage the growth and expansion of your business, it is better to seek help from an outsourcing agency. From hiring the best set of people for every role, to taking care of accounting, customer service, and other areas, you can start delegating and take your mind off these things. Instead you can just focus on letting your business be known by more people and generating more income.
When You Want To Secure Your Network
Probably the less touched reason as to when you should outsource is to secure your network. You don’t have to experience being sabotaged by your own IT department. Or to have your database hacked. Or even have all your important files get deleted just to strengthen your network’s security. Most companies have in house I.T professionals who are tasked to create websites and such. Moreover, they are sometimes given additional work. These includes making sure that the computers’ server are free from threats or attacks. However, these professionals may just know the basic of securing your network since it’s not really their forte.
This is where the risk of getting your networked compromised comes in. But you can skip worrying about hackers lurking in your system when you hire an outsourcing agency. The people you outsourced are not just experienced in building a firewall to secure your network. Hiring them from an outsourcing security agency means that they will do more for you. From round-the-clock network monitoring, security auditing, and misuse and intrusion detection systems.
Securing your network internally is time consuming, difficult, and expensive. As mentioned, not everyone in the field of information technology is equipped with proper knowledge and experience in handling such concerns. Furthermore, hiring your own staff is very difficult and expensive. So, do yourself a favor. Keep all your documents and everyone in your company safe by outsourcing security professionals.
As to when is the right time to outsource solely depends on you. Whenever that time comes, make sure to hire an outsourcing agency that will help you achieve your goals and minimize your stress at work. You can check out Virtua Outsourcing Solutions for your needs on customer support, customer success, sales, social media and community management, and virtual assistance.