Why is outsourcing a good business idea for start-ups

Why is outsourcing a good business idea for start-ups

September 17, 2017
Tom

We are living in a fast-paced world nowadays. The market is expanding, and there are a lot of people opening their own companies and startups.

However, you have to bear in mind that launching a startup can be time-consuming and difficult because there are a lot of things to take care of and, usually, not enough funding.

Since it is a small-scale operation and the budget is tight, a startup needs either additional funding from venture capitalists to get on a larger scale or use some other options in order to grow their company.

Now, these small companies cannot grow their team rapidly, nor should they. Instead, they reach for other options which allow them to get the services they need, without the hassle of interviewing, training, and providing employee benefits.

To grow your startup business, you will need certain services, such as web design, a Human Resources department, legal services, graphic design, etc.
That’s where outsourcing steps in, as one of the simplest and most convenient solutions.

Delegating all the relevant tasks to third parties or agencies which specialize in those business processes has several unique benefits that an up-and-coming company should take advantage of.

So, why is outsourcing a good business idea for startups?

1. Cost-effectiveness

Hiring and having in-office employees certainly has its benefits, some of them being mutual trust, accessibility, and convenience. However, for a startup, that might be a bit of an issue. An employee must have certain benefits and a regular salary, which can be quite expensive for the employer.
As they are usually quite cautious with their budget, it sounds like a good idea to hire freelancers who don’t require anything else besides the agreed-upon amount of money which they get for providing their services. You will also need less office space, and you will have more time to dedicate to your main service or product, which leads us to the following reason.

2. Concentrating on your main product or service

As fun as it may sound to have a lot of employees, it definitely requires a lot of attention and care to keep everyone satisfied and happy with their workplace. Since you won’t have hundreds of people running around the office all day, you will have more time to spare. That way, you can spend your time efficiently and brainstorm about the future of your company, the quality of your product, and the direction you want to take.

3. Fast turnaround time

Just like you need outsourcing services, the people you hire need to earn a living. Most freelancers and outsourcers are very time-efficient and punctual because that affects their overall image, which is very important when it comes to getting hired for a job.
It’s good to deliver the product or service on time because they will receive their payment on time, along with a good review or a recommendation. Also, it is easier to hire a new freelancer or an outsourcing company without any additional costs, instead of having to fire an old employee, finding a new one and providing training.

Where to find good outsourcing services

Now that we’ve gotten all the basics out of the way let’s be more specific. If you want to successfully launch your startup business, you should know which services are reliable and trustworthy. Here are a few companies that fit that profile.

BackOffice Pro

This company has a long outsourcing tradition. They’ve been in business for the past decade and offer exceptional levels of quality to each and every customer. Some of their clients include startups from Fortune 500 companies, as well as smaller startup businesses which are located in rural areas.
BackOffice Pro has great reviews for their services, and they are well-known, so this company is definitely worth mentioning. Some of the services they provide include film and video editing, illustration and artwork, engineering assistance, medical and scientific research, research and analytics, data management and transcription. If you want a safe and reliable source, you can’t go wrong with them.

UpWork

You have thousands of service providers on this website whom you can hire based on their rating and reviews from previous customers. You can even find certain services for only 5 dollars! You can look for experts in web development, mobile development, creative writing, accounting and customer service. UpWork can be a great choice for individuals who are just starting out and need to save as much money as possible.

Accenture

Accenture has also been in the business for a long time, and they offer expert services in more than 40 industries. Some of their clients can be found on the Fortune Global 500 list. This company is a bit on the pricey side, but the reviews are great, and the service is outstanding. They have clients in more than 120 countries and provide services in the fields of strategy, consulting, digital, technology, and operations.

It can definitely look very daunting at first, but with these amazing service providers, you can forget about being buried in paperwork and not knowing how to handle your company’s business processes.

You can focus on growing your company, even if you don’t have a lot of experience. Now that we’ve covered all the important points, you can safely and easily step into the world of entrepreneurship and bring even more innovation to the table!

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