Oss Power Full 97 2003


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Offshore Saving Solutions (OSS) specializes in:
1. Re-structuring or creating offshore corporate structures such as LLC’s
2. Establishing offshore banking solutions for tax benefits and anonymity purposes
3. Providing “dedicated” offshore personnel to fit your specific needs as a company or small business by utilizing Costa Rica’s substantial bilingual employee pool.
4. Assisting companies to expand their business into Latin America and other broader markets.

Published in: Business, Economy & Finance
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Oss Power Full 97 2003

  1. 2. San Jose, Costa Rica is a 2 to 5 hour direct flight from 6 major US cities. Placing you within an easy days travel to visit your offshore operations
  2. 5. <ul><li>Distance & Time Zones:…Staying in touch with your Nearshore Team : </li></ul><ul><li>The overlap of time by different time zones has an impact on organizing meetings. Employees of both countries will have to take in account that they can only arrange meetings in a limited time span per day due to the difference in time zones. This will also make it harder to speak with people “on- the-fly”. The distance will also increase the costs to travel to your outsourced site. The closer your outsource is, the less it can cost. </li></ul><ul><li>Cultures & Communication …. Adapting to work with your Onshore Team: </li></ul><ul><li>Communication between the client and an outsourced party is imperative due to the importance of the processes being handled. Difficulty in communication can decrease the efficiency of employees and result in increased costs to you. This difficulty can also increase risks in such a way that projects have in the past failed merely on the difference in culture. However, this can be resolved by adapting and understanding the other culture, which takes time and adds to your cost. The difference in time and culture can also be the cause of compounded costs , such as the extra time that has to be invested because of the difficulty in communication by which more personnel is required to close this communication gap. By nearshoring, the differences in time are smaller, and the countries’ cultures appear less foreign to each other in comparison with an offshore country. The difference in culture is minimalized by nearshoring, making the communication between the different parties easier, more time efficient and making the adapting process easier. </li></ul><ul><li>Labor, Wages, & Productivity… Nearshore produces at the same levels as your current operation: </li></ul><ul><li>“ it is rare to find employers who have carefully chosen nearshore locations that have not achieved productivity levels equivalent to that of the origination point” . P roductivity levels have proven to be significantly higher in nearshore countries than at offshore locations. Research has shown productivity levels at offshore locations can increase over time, but even after several years offshore was not near the productivity level of nearshore. This means that companies will need more people at their offshore locations to achieve the same productivity as their nearshore locations, which will add extra costs thus making nearshoring more cost efficient. </li></ul><ul><li>Terrorism attacks, civil war and coups… Doing business safely: </li></ul><ul><li>Although considered a “non-cost related” factor, this is unfortunately a factor to consider worldwide, but does occur more frequent in certain offshore regions. India for instance came second in recent years rankings of the 50 riskiest countries to do business in…above countries such as Afghanistan. </li></ul><ul><li> For more information on Nearshoring: ( http://home.hccnet.nl/jgm.boersen/paper/paper_v10.pdf ) </li></ul><ul><li>“ OFFSHORING”: TO DELEGATE TO A COMPANY W/TIME ZONES 3+ HOURS APART, A LARGE CULTURAL DIFFERENCE, & IT IS IN ANOTHER CONTINENT. </li></ul><ul><li>“ NEARSHORING ”: TO DELEGATE TO A COMPANY WHICH IS IN THE SAME OR NEAR TIME ZONE AND CONTINENT. </li></ul>
  3. 9. <ul><li>To see how your company can benefit from “The Perfect Fit” approach of </li></ul><ul><li>Offshore Saving Solutions, please, call your consultant or reply via email. </li></ul><ul><li>Aaron Wilkerson </li></ul><ul><li>www.OffshoreSavingSolutions.com </li></ul><ul><li>506-2-288-25-74 (CR Office) </li></ul><ul><li>310-928-6481 (US Office) </li></ul><ul><li>Aaron.OSS (Skype) </li></ul><ul><li>Plaza La Paco #27, Escazu </li></ul><ul><li>San Jose, Costa Rica </li></ul><ul><li>Offshore Saving Solutions is here to create unique solutions for our clients. We can customize a plan for virtually any business in any industry. </li></ul>