Business

startup entrepreneurs

4 Things that Startup Entrepreneurs Should Do

Business / By

Establishing a successful startup business comes with numerous challenges. It starts with financing up to finding the right space to rent for the office. However, these are not everything that startup entrepreneurs encounter.

According to a joint survey carried out by CoFounder magazine and ArcticStartup, 37% of startup founders believe that the biggest obstacle when creating a company is finding the right people to help run the business.

Meanwhile, some startup entrepreneurs refuse to share their responsibilities with other people. They are uncomfortable with the idea of giving other people the authority to run their business and is afraid of losing the overall control. But, it doesn’t work like that. It is almost impossible to handle everything on your own if you’re planning on growing your business. And that’s why some businesses chase the most cost-effective yet, high-quality option – outsourcing or offshore staffing in the Philippines.

Now to help you better manage your business, here are a few important things that startup entrepreneurs should do:

1. Get an outside perspective on your audits.

It is better to get an outsider’s perspective to avoid biased audits on your business expenditures. A certified practising accountant (CPA) that is in no way related to you or your business would be a good choice.

The goal of getting an expert’s opinion on your overheads is to double check if you missed a crucial part on your own audit. During the practice, the expert might see miscalculations and come up with ways to improve your processes.

2. Trust your team.

Employees are hired for their specialties and skills, so let them do what they do best – their jobs. Stop checking on your team and trust them to fulfil their roles. Doing so goes to show that you have the utmost faith in them.

Trust is a very risky word but also a solid foundation for a sturdy relationship. Showing them your confidence in their abilities creates a huge impact on their overall performance.

And while leadership is very much important in running a business, you certainly cannot function without your people. So building a strong relationship with your team is definitely essential.

3. Don’t stray far from your goal.

Always remind yourself of your initial goal. Focus on the company’s big picture and don’t get distracted by the “maybes”. Be clear of your overall business plan and don’t stray away from it. Create a schedule to make sure that your team stays on track towards achieving the main objective of your company.

4. Delegate your non-core tasks.

Doing every task on your own could exhaust you completely without even accomplishing your most important function. Lift off few of the burden on your shoulders and delegate some of your tasks to an expert. Do not tire yourself out with the roles that you can easily assign to someone who does it better.

Outsourcing could be a critical turning point in your business so you should choose carefully. You can consult a reputable offshore staffing company to help you handle all your outsourcing concerns.

Our goal here at DBOS is to help you grow your business. All our services are available for low and cost-effective prices. Know more about us when you contact DBOS for a FREE consultation today!

women empowerment

DBOS: Promoting Women Empowerment in the Workplace

Business, Careers, Human Resources / By

Many other companies have been improving their policies to encourage a better working place for their employees as well as promote women empowerment.

Back in the days, women employees were only assigned to a few specific roles in a company. But, as years passed, they were slowly given the chance for career advancement and break the stigma surrounding them.

Most career women nowadays play more executive roles. They were given a shot at enhancing their skills and learning new ones. They were also provided with a safe and accepting environment for them to work in.

And while all these things are the best things about empowering women at work, there are many other practices that could open up new horizons for them.

Ways to Promote Women Empowerment:

1. Encourage women to take risks 

It is a famous myth that women are born risk takers. As long as it shows even the littlest possibility at succeeding, they will surely grab it. In the long run, it could be great for companies to push their employees to take risks and succeed, as they could also benefit from it.

2. Challenge job stereotyping

It was a long time ago when women employees used to only get specific positions that they believed were made for women. However, women start to widen their perspectives and go out of their comfort zones. As a result, women nowadays also made a name for themselves in the IT industry and web development world.

3. Support women aspiring for leadership roles

It is highly-important for women to advance on their career ventures. Inspire and motivate them to progress on all levels, especially in male-dominated fields. Show them that while it is equally important to encourage men, women are also undeniably valuable to a company’s structure.

4. Give them learning and mentoring opportunities

Arrange workshops and training sessions that will teach them how to be better at what they do. Also, give them a chance to share their ideas and aspirations in their jobs. Most often than not, women are afraid to voice out their opinions because they’re afraid of failing. So given the opportunity to boost their confidence, women employees will also do well in mentoring new employees whilst continuously learning.

5. Promote work-life balance

Another important thing that most women employees strive to achieve is balancing their work and other responsibilities at home. If given the regular working schedule, then they can also pursue their hobbies and passion outside work. Mom employees will be able to spend time with their kids during the weekends and even travel with their family.

Just like how we do it in DBOS.

women empowerment
Fig.1 – Shows that 55% of DBOS staff are female. Every 2 out 10 of our employees are moms, and 56% of our supervisors and managers are women.

DBOS gives importance and value to women employees as much as we equally do for all our staff. We encourage and support them for being remarkable leaders of their own teams. DBOS also strive to help them discover their utmost capabilities and show that there are limitless possibilities for them.

We here at DBOS strongly promotes women empowerment and highly encourages personal development.

Be a part of our growing family today! Visit us here for more information about our job openings.

 

rightsourcing

What is Rightsourcing and Why it’s the Best for your Business

Business, Offshoring in the Philippines, Outsourcing in the Philippines / By

What is Rightsourcing?

Rightsourcing is the newest buzzword that has surfaced due to the rise and relevance of outsourcing. True to its root word “right”, rightsourcing is about choosing the right source to provide your required services.

“Rightsourcing is selecting the best way to procure a service and deciding whether a company is best served by performing a business requirement in-house (insourcing) or contracting it out to a third-party service provider (outsourcing). Rightsourcing literally means “choosing the correct source.”
– Margaret Rouse, whatis.com

Technically, rightsourcing and outsourcing are quite similar. They share some major concepts such as ensuring that businesses could focus on their core projects. Thus, leaving the non-core projects to outsourced staff. However, the latter takes outsourcing to the next level.

Now, slowly gaining its momentum from most business outsourcing companies, rightsourcing is on its way to innovate businesses of all sizes.

Why Its Best For Your Business?

Matching the right talent for an important task takes a lot of time and patience. Even deciding whether a valuable role should be outsourced or not is something to think over a few times.

Do you remember the advantages of outsourcing?

If not, here are a few.

1. Reduced recruitment and operational costs

Costs are a significant part of the decision-making in any business or company. But how can you reduce costs if you wanted the best quality output?

The answer is outsourcing.

Choosing to offshore some of the non-core tasks eludes the need to hire an in-house staff, which is undoubtedly costly. Also, operational materials such as equipment would be minimised to a great extent.

2. Expertise

The chance of locally employing an expert in the field is quite rare, especially when you’re on a budget watch. It might not be a smart move if that position is for a non-core task. However, a larger pool of skilled individuals is available when you choose to outsource. Thus, giving you a huge number of applicants to choose from and a bigger chance of picking the most suitable person for the position.

3. Productivity and quality output

If you found a reliable rightsourcing company to help you employ expert people in the field, your productivity rate will shoot up. And since these are external professionals, surely, the high-quality output is also on the table.

Nowadays, even some of the most successful companies around the world rely on outsourcing. We have Slack, GitHub, Skype, App Sumo, and Alibaba – to only name a few. These companies have been growing and expanding their businesses since then, proving that outsourcing indeed helped them improve.

To experience the same perks that they are enjoying, you must be assured of finding your rightsourcing partner that might also aid you to success. Only then you and your company will enjoy these advantages.

Contact us for a free consultation today!

ecommerce

Launch Your Niche Ecommerce Business Forward With These Quick Tips

Business, Digital Marketing / By

E-commerce is a booming industry as technology advances and makes it easier for starting business owners. c

Since most of your transactions will be done online, promoting brand awareness through social media is key. Facebook and Instagram are now equipped with business profile features that allow you to easily link your account towards your online shop. Gaining an audience through these social media sites mean you can easily redirect potential customers to your store.

To further establish yourself on your chosen platforms, share customer feedback and photos to make your audience feel secure in the quality of your goods. This also adds to your credibility as a seller.

For more e-commerce tips & tricks, check out this article.

video call business man

Key Tips For Managing Your Offshore Team

Business, Offshoring in the Philippines / By

Already got a team abroad working on your operations? If this is your first time hiring an offshore staff, it can be a bit difficult to handle a whole team. You’ll eventually get used to it, but instead of finding your way in the dark, entrepreneur.com shares some vital tips on how to cater to your outsourced team.

One of the crucial things to consider when hiring an offshore staff is ensuring smooth communication. This includes choosing offshore employees with strong English skills and assigning a team leader that will help ease communication between you and the rest of your remote staff. Another way would be to visit your team abroad at least once a year, this is to strengthen your connection with your staff members and engage with them on a more personal level.

To learn more about these tips, you can read the full article here.

business owner using tablet

Start-ups Helping Smaller Businesses Through Outsourcing

Business, Outsourcing in the Philippines / By

Small business owners wear many hats: taking on numerous roles in order to get their businesses off the ground. Outsourcing has helped enterprises of any scale manage their companies more efficiently, and a new trend is starting to arise in the online business community.

Sites and apps like TaskRabbit and Fiverr are steadily gaining popularity as it helps connect not just ordinary people, but businesses as well, to freelancers offering niche or specific services. By outsourcing tasks through a wide international platform, smaller businesses are able to get the job done without spending too much on labour. This system also favours freelancers who can now make a living out of their niche specializations.

To learn more about which online platforms can help you with outsourcing small tasks, you can view the full article here.