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Guide in Building a Better Business with Outsourcing

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

Tracing way back from the early days of outsourcing, businesses first doubted its effectivity. Later on, organisations started to see the potential and took the risk of utilising what the strategy offers to build a better business.

For a long time, entrepreneurs believed that outsourcing is only reserved for huge companies. That’s why small-medium businesses were intimidated for a long time and does not even consider outsourcing. But now, most small businesses are the biggest beneficiaries of this strategy. Thanks to technology for making it easier to outsource tasks and services all over the world.

Most business owners agree that what stalls a business from growing is the entrepreneur’s belief that they can do it all because of their talents.

While outsourcing remains to be a great business strategy, not everyone has fully understood what it means to outsource your services, what to outsource, and when? This blog was made to address all these concerns and a few guidelines on how to build a better business with outsourcing.

How do you know if it’s time to outsource?

The timeline for every business to outsource differs. They do not follow the same timeline nor set an identical process even for the same field. Normally, businesses maintain an in-house staff for their core services. But if they are planning to expand, outsourcing is a good strategy to make use of.

Here are the signs that you might need to consider outsourcing:

  • You’re spending all-day doing administrative tasks instead of your expertise.
  • You feel overwhelmed working on your business.
  • You have turned down an opportunity because you can’t keep up on the production.
  • Sales are declining.
  • Production time gets doubled.
  • You’ve been focusing on routinary tasks.

These are only just a few of the telltale signs that you should be looking out for if you want to know if its already time to outsource your tasks or services.

Knowing when to outsource your services is one thing, but identifying the benefits that you’ll get from outsourcing is another.

What tasks/services should you outsource?

Keep in mind to evaluate all your tasks and services using the outsourcing decision matrix before delegating anything. These days, almost any task can be outsourced with a huge pool of skilled professionals as freelancers or contractors. However, just because you can outsource doesn’t mean you should. Take a good look at your tasks and identify which are part of your core competencies and then keep them close to you.

The types of tasks that are best outsourced fall into these three general categories:

  • Highly skilled, or executive, expertise
  • Highly repetitive tasks
  • Specialised knowledge

The right outsourcing partner

Finding the right contractor is the most important part of outsourcing. Among the thousands of outsourcing companies that offer the same services, countries like India and the Philippines are at the top.

It won’t be easy to choose one, so you should examine these factors first before picking one from the pool of probable right outsourcing partner.

  • Company background – this includes past projects, client feedbacks, achievements, and experience
  • Pricing – think of the prices that will work best for you and your company’s budget
  • Employee retention – a great outsourcing company knows how to treat their employees well
  • Certified outsourcing partner –  pays their taxes on time and follows the rules required by the government
  • Location/office – visit the actual site and see the whole office set-up  

Conclusion

Outsourcing is a good business strategy that can provide actual results if professionally handled by an expert in the field. It can help increase your sales and make your business grow in the long run.

Know more about how outsourcing and offshore staffing in the Philippines work with DBOS! Ask about our services and get a free consultation with our very own CEO/Founder!

company

3 Things You Must Do So Your Company Thrives

Offshoring in the Philippines, Outsourcing in the Philippines / By

Whether you’re a startup, or a growing company, getting tons of advice from people on the same field helps. Although not all advice can guarantee immediate success, they will be vital for the growth of your business.

So, as you’re battling with important decisions that could impact you as an entrepreneur, know the reasons why offshore staffing in the Philippines is thriving.

Upgrade your business plan

Before diving into the business realm, a business plan is one of the first things that you should have prepared. It will serve as your guide throughout the life of your business. But, how would you exactly upgrade your business plan?

Conduct market research. Conducting market research can help you identify the problem areas in your business. Especially, when you wanted to upgrade your business plan. Also, as trends change almost every single day, getting to know more about them will hugely help your business in the long run.

Bring in the pros. When you’ve done your own market research, bringing in someone who can interpret it further would be the best move. As there is no better solution than to get help from industry experts. Although their services are quite expensive, having them interpret the latest trends and help you come up with the best solutions will be crucial for your business upgrade.

Connect with other businesses

If you think that you can run your company alone, then you surely are mistaken. Like any other businesses, the life of all companies is its connections. Maintaining these good-natured associations could lead to supportive business partnerships in the future.

Give them credit for what they excel at. Even though your competitors offer the same services and products, you still have your specialisations. And if you see them excelling on a certain field, genuinely send them a congratulatory message. Who knows? It could probably be reciprocated which can lead to an exceptional partnership in the future.

Hire the right team

Your employees are the foundation of your company. Without them, your operations will be put to a halt, and worst your business could be down for a while.

You have to be very patient for it could take a while, and also remain proactive in looking out for them.

Look for the talented and experienced.  You can never be wrong with the talented and experienced team for your business. Since they have the utmost knowledge on their field, success is already guaranteed.

Employ the hardworking and willing to learn. People who are hardworking and willing to learn are open to all possibilities. They don’t limit themselves to one or two skills and are always on the go.

Keeping both of these people would create a huge impact on your business in the long run.

Takeaway

All other companies are just the same. It thrives when it is properly handled and managed by the right people. Meanwhile, businesses who choose offshore staffing help their companies thrive even more. Not only it helps with the cost-saving finances, but also faster workaround and time utilisation. This business strategy has helped numerous companies focus more on their core competencies that lead to immediate growth. A lot of countries all over the world offer these services including the Philippines.

Dynamic Business Outsourcing Solutions is one of these Australian-owned offshore staffing companies in the Philippines that can help your business save up to 70% on wage costs! Reach us today and get a free consultation with our CEO/Founder!

 

outsourced staff

Benefits of Hiring Outsourced Staff

Offshoring in the Philippines, Outsourcing in the Philippines / By

Ever since communication has been improved by the internet, connecting with people from around the world became a lot easier. So, businesses especially startups take the chance to get a hold of the global talents. Some of them, if not all, started to hire an outsourced staff.

Most startup businesses practise a famous method that has been proven effective by other successful companies to hire outsourced staff. That method is also known as, offshoring.

Offshoring or offshore staffing is pursued by numerous successful companies from the start. This approach has helped them save a good amount of capital that aided their company to grow and develop.

Up until today, most startup businesses use this strategy as it always guarantees good results when properly implemented.

Learn more about how hiring an outsourced staff is the best for your startup business:

Cost-effective but with high-quality output

Hiring an outsourced staff would be an economical approach for the employer. As a startup, they have to find a way to both achieve spending lesser expenses but quality output. And the best plan that guarantees to achieve both goals is none other than, outsourcing. This would allow the employer not to hire an in-house staff which is more expensive. Their goal is to save a huge chunk of money and use it for future plans of expanding the business. With outsourcing, startup businesses no longer have to rent an office space and buy a full equipment set-up for a single position.

All you have to do is find a reliable and trustworthy outsourcing company that could accommodate your needs and achieve your expectations.

Access to global skills and perspectives

Having people from different countries on your team enhance the cultural adaptability of your company. This kind of exposure would be useful as you are planning to reach a wider audience. It also allows you to further improve your understanding of their unique approach and solution to various situations. Their perspectives could also give you a fuller look into what is the real issue and how to properly address it.

So, if you’re planning to hire high-quality talent but do not want to risk breaking the bank, outsourcing in the Philippines would be a good choice.

People working round-the-clock

As you gain access to talents around the world, you’d get to pick someone on a different time zone. So, production never stops. Your hired outsourced people can work on anything at all hours of the day. However, to reach the goal, having people in different time zones require careful scheduling. With proper planning, constant communication, and task allocations, this could create a great impact on a startup company in the long run.

Hiring an outsourced staff is a huge decision for your startup business. But, choosing an outsourcing company to help your business through success could get tricky. There are a huge number of companies in the same field, but not all work the same. Do some background research and make sure that your company of choice sits well with your expectations.

We here at DBOS is dedicated to helping you grow your business, that is our utmost concern. From offshore digital marketing, back-office services, IT outsourcing, up to customer support services, we can be of great support for your business!

To learn more, contact DBOS for a FREE consultation today!

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!