This short whitepaper discusses the outsourcing pros and cons for a small business interested in graphic design outsourcing, twitter development, and virtual assistants; while giving your links and resources to outsource your business successfully.
Some of the outsourcing pros and cons are managing a remote staff, training, expenses and expertise. Make sure you read or download the document for all the resources and information!
1. Outsourcing Pros And Cons
Outsourcing has become extremely popular among businesses in the US for a number of reasons – not
least of which is cost. This document is going to walk you through some of the outsourcing pros and
cons, and also give you a couple tips and resources for getting the job done effectively!
Outsourcing originally emerged as a way for businesses to cut costs by having work done overseas at
quite a low cost. Originally, work included a lot of manual labor, assembly and manufacturing. Lower
wages and overall lower expenses contributed to these reduced costs. Bottom line, the lower costs
greatly improved the profit margins for companies.
Now, outsourcing is gain momentum for other reasons. While cost reduction is still a primary
advantage, other elements such as access to worldwide industry experts, a bigger workforce and more
flexible options are being embraced as welcomed advantages offered by outsourcing.
There are a lot of outsourcing pros and cons – but I’ll keep this as brief as possible…
Cost Reductions from Outsourcing
As previously mentioned, cost reduction was the original purpose of outsourcing. And although it has
since been demonstrated to have other huge advantages, lowering costs is still a big driving force.
Companies and businesses look to outsource tasks which would be more costly to complete in‐house.
For instance, my friend, John Jonas has put together a site called ReplaceMyself where he walks you
through finding highly qualified outsourcers in the Philippines for about $250 a month. I have to vouch
for the level of work they do! It’s phenomenal.
2. What Projects Can You Outsource?
When I first got into outsourcing, it took me a while before I was comfortable with the idea of
outsourcing some of my more crucial business processes. What I had to do was keep a spreadsheet
open on my computer with a list of tasks that sucked up a lot of my day and then hand them off to my
new team.
Examples of these types of tasks would be a virtual assistants, Twitter developers, and graphic design; of
which oDesk is a great place to look. oDesk has this amazing feature where you can actually look in on
your team members as they’re working throughout the day to monitor their progress or make sure that
they’re doing what they’re supposed to!
Access To Industry Experts
One reason I personally outsource a lot of my company’s work is so that we can have access to an
industry expert on a contractual basis for much less money that if we were billed in the United States.
Usually, this work lies in the realm of software, Internet marketing, search engine optimization or pay
per click marketing. The efficiency of an outsourced expert will enable him/her to complete the task
much more quickly than it could have been done in‐house.
If the task were not outsourced, on‐premise employee would have had to complete the project and may
have taken significantly longer; costing the company more in the long run.
On Call Experts
We just got done discussing how industry experts, no matter where they were located, can make an
incredible impact in your business. Another crucial question when talking about outsourcing pros and
cons is to ask what new opportunities an outsourced worker can provide the company.
I love hiring an outsourced team member, training them, and then seeing what they’re capable of. They
have incredible life experience that we simply don’t have here in the United States.
With experts as part of your team, the company is able to go after larger and more specialized types of
work. This is important because in doing this the company can find themselves enjoying much more
success, much more frequently!
A Larger Workforce
Another outsourcing pro is the benefit of having a larger workforce without having to dig too deeply in
the company’s coffers. Outsourcing companies can bring in additional employees on a contract basis