Outsourcing your work can help your business save money, assign specific work to specialists, save time, and expand your offering.
Do you want to expand your business to the next level? Or improve your talent pool without incurring the costs of hiring new staff? Let’s look at how you can achieve just that through outsourcing.
Outsourcing saves you money on staff :
Reducing costs is the number one reason why companies outsource. In fact, 59% of companies surveyed cited cost reduction as their motivation for putting this into practice. Why? Outsourcing tasks to trained professionals allow you to stick to smaller budgets and only pay for what you need. This is usually far more cost-effective than hiring a full-time employee.
With full-time hires, UAE employers must factor in health insurance contributions, visa fees, and gratuity benefits. The end result is an employee who costs substantially more than their yearly salary. Meanwhile, a freelancer will usually just charge an hourly rate for the work they carry out and the cost saving is clear to see.
Start new projects quickly
A good outsourcing firm has the resources to start a project right away. Handling the same project in-house might involve taking weeks or months to hire the right people, train them, and provide the support they need. And if a project requires major capital investments (such as building a series of distribution centers), the startup process can be even more difficult.
Outsourcing ensures your business tasks are handled by a specialist
Many businesses make the mistake of only considering outsourcing when they reach capacity, using it purely as a way to handle the overflow of work. One of the major benefits of outsourcing is not quick and easy access to an extra pair of hands, however. Rather, it is how skilled those extra hands are.
When you outsource work, you are handing it over to an expert who can give it 100% focus. You might be a fantastic entrepreneur but that doesn’t mean you’re a great writer or designer or IT pro. If you embrace outsourcing, you don’t need to be. Simply hand specialist tasks over to the specialists.
Focus on your core business.
Every business has limited resources, and every manager has limited time and attention. Outsourcing can help your business to shift its focus from peripheral activities toward work that serves the customer, and it can help managers set their priorities more clearly
Outsourcing saves you time
Perhaps you’re not at the stage yet where a fully outsourced IT or HR department is required. But maybe you’re at full capacity and need to free up the time to focus on more business-critical tasks. There are plenty of easy ways to do this.
Outsourcing smaller tasks – checklist: social media management, content creation, email marketing, admin and filing, and invoicing. Taking these tasks off your desk frees you up to focus on growing and improving your business. Plus, as every task you outsource is now in the hands of a specialist, you’ll also save time on project management.
This means no need for prolonged planning and review meetings. Simply brief your freelancers, and they’ll take care of the rest. The process is simple, fast, and cost-effective. And that is ultimately why so many businesses do it
Outsourcing allows your business to expand its offering
There’s another major benefit to being able to call on the services of an expert –or a team of experts– whenever you need it. It allows you to expand to new markets gradually without breaking the bank.
Say you run a clothing business and want to expand to make shoes. Traditionally, this would have been a lengthy –not to mention costly– process. You have to hire someone to conduct market research and analysis, employ new staff skilled in shoe manufacturing. Then there are the additional resources you would need to sell your product into a new market.
Outsourcing allows you to essentially pay as you go
Hire a freelancer to carry out your market research: If you are happy with the results, outsource a small run of production to a manufacturer. Next, engage the services of freelance marketing and sales professionals for only the hours you require and can afford. Essentially, outsourcing lets you grow into new markets at your own pace without overstretching your resources. Test the market, and if the demand is there, gradually dedicate more outsourced resources to this area of your business.
Reduce risk.
Every business investment carries a certain amount of risk. Markets, competition, government regulations, financial conditions, and technologies all change very quickly. Outsourcing providers assume and manage this risk for you, and they generally are much better at deciding how to avoid risk in their areas of expertise.
OUTSOURCING FROM INDIA
Outsource your non-core tasks and get access to specialized skills and services. Save on money, time and infrastructure. Give your business the competitive advantage. Read More :
OUTSOURCING ENGAGEMENT MODELS
What are your objectives? What is your strategy? DeltaStar offers multiple engagement models to meet diverse needs of global clients. You can choose from any one the generally accepted outsourcing engagement models below or a combination of them for different phases of your project. We can also work with you to customize a model to address your specific need.
Based on your immediate or long term objectives, we can tailor the Engagement Model. Read More
OUTSOURCING DELIVERY MODELS
Whether outsourcing is part of your strategy for cost reduction, improving operations and/or restructuring, the services we offer will provide financial return, risk mitigation, strategic alignment, political impact and intuition.