Outsourcing is a business pattern that has been around for many years. Behind distinctive misinterpretations, businesses around the globe utilize this strategy to gain more effectiveness and efficiency for one’s business. This spans from small business to large business allowing them to be more aggressive in a tight market. Still, there are some myths out there that need to be addressed.
Below are probably the most widely recognized outsourcing and offshoring myths that should be put to rest:
Myth #1: Outsourcing is just for large businesses.
Many global small-scale businesses have this thought that only big time corporations can outsource or offshore. In the real world, small businesses have the most to achieve from outsourcing. When you’re simply beginning, it’s simple to do everything in-house in light of the fact that your attention is devoted to developing your customer base and getting your business off the ground. Yet, as your business develops, so does the stress and request on your operations.
To manage extra compliance, bookkeeping, and managerial tasks that accompanied with growing, owners end up working longer hours and/or employ more staff.
A better approach to adapt to and support this development might be to outsource certain tasks so your onshore group can concentrate on the income-generating tasks and you can get on with taking a shot at growing your business.
Myth #2: Cheaper labor equates to lower quality.
In the Philippines, many folks are skilled and profoundly qualified college graduates in the workforce. The key lies in deliberately selecting a service provider that employs a suitable recruitment process that makes it a business practice to hire, train, and staff these agents.
Myth #3: The dialect and cultural differences make working together difficult.
This is not a big problem in the Philippines. A decent service provider will have staff that has significant experience working with foreign businesses and are already adapted to the business society (particularly in the Philippines with its nearby cultural affinity with the U.S.). Normally, there will be cultural subtleties that would influence the way business is directed, yet this will not obstruct operations.