February 2011Executive Offices GroupOutsourcing Tips & Information
Contents •   Find The Right Provider For Your Business •   Make Sure Outsourcing is Justified •   Measure Your Outsourcing...
Outsourcing Tips & Information                            Find The Right Provider For Your Business                       ...
Outsourcing Tips & InformationMake Sure Outsourcing is Justified• If you’re looking into outsourcing, you’ll  have already...
Outsourcing Tips & Information                             Measure Your Outsourcing Success                             • ...
Outsourcing Tips & InformationPlan to Bring Your Work Back In-House• For any number of reasons, at some point your  busine...
Outsourcing Tips & InformationResources and Links• Business Link• Business Wales• Microsoft Business• Nasdaq Outsourcing T...
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Outsourcing Tips for Small Businesses & Entrepreneurs

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Outsourcing can take some of the load off entrepreneurs, but it can also provide small businesses with help where it’s most needed in a flexible way, helping with budgeting and planning.

Here are Executive Offices Group's top outsourcing tips for small businesses, with a focus on cost reduction and help on a range of other topics.

http://www.executiveoffices.co.uk/

Published in: Business, News & Politics
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Outsourcing Tips for Small Businesses & Entrepreneurs

  1. 1. February 2011Executive Offices GroupOutsourcing Tips & Information
  2. 2. Contents • Find The Right Provider For Your Business • Make Sure Outsourcing is Justified • Measure Your Outsourcing Success • Plan to Bring Your Work Back In-House • Resources and Links
  3. 3. Outsourcing Tips & Information Find The Right Provider For Your Business • It’s important to find the right service provider for your business • Try looking for recommendations through online services such as LinkedIn and endorsements from previous clients • Suggest an initial face-to-face meeting • Never be rushed into making a decision - remember that you’re the client and you’re in control
  4. 4. Outsourcing Tips & InformationMake Sure Outsourcing is Justified• If you’re looking into outsourcing, you’ll have already reached some conclusions in your business process and planning• Your business might need more flexibility in terms of work/time ratio, or need skilled contractors to perform a service/function that can’t be done in-house• Some outsourcing jobs are straightforward can be done with minimum fuss, while other require considerable planning• Whatever your reasons for outsourcing, always make sure you’re doing it to help improve your business and not to gloss over internal issues
  5. 5. Outsourcing Tips & Information Measure Your Outsourcing Success • “There should be financial benefits [to outsourcing], but other reasons for outsourcing are harder to quantify” - BusinessLink.Gov • How do you measure the success of outsourcing without resorting to financial comparisons? This could take a variety of different formats depending on the outsourcing provider • Have some key performance indicators (KPIs) in place to help you evaluate the success of your outsourcing • KPIs don’t need to be complicated - a few simple (but important) ones work best
  6. 6. Outsourcing Tips & InformationPlan to Bring Your Work Back In-House• For any number of reasons, at some point your business might wish to bring any or all outsourced processes back in-house• Throughout the life of any project, it’s vital to have everything written down to safeguard yourself and the outsourcing company• This is SLAs (service level agreements) come into play• BusinessLink.Gov makes it known that your SLA should contain a “clear exit strategy” - this will help your business and the outsourcer part company in the smoothest possible way• Make sure your SLA includes the all-important notes about division of responsibilities to make sure that nothing get forgotten or overlooked when the working relationship finishes
  7. 7. Outsourcing Tips & InformationResources and Links• Business Link• Business Wales• Microsoft Business• Nasdaq Outsourcing Tips• Executive Offices Group London Serviced Offices, London Meeting Rooms and London Virtual Offices

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