Three Instances When Outsourcing Is the Best Option
Outsourcing is defined as ‘an agreement in which one company hires another company to be responsible for a planned or existing activity that is or could be done internally.’ It sounds good, but is it really worth it and does it really work? After all, it eats into your probably already overstretched budget. The short answer is yes, it really does work. In the world of business, outsourcing is one of the most common practices that you will come across for one main reason – it’s cost-effective! Would you rather outsource and pay a fee to a company who knows what they are doing, or would you rather spend lots of money on employing someone in case of the eventuality?
There are lots of jobs that you may consider outsourcing to a freelancer or a third party agency. These include:
- Web design
- IT support
- Social Media Management
- Data Input
- Market Research
As well as some of the benefits which we have gone into more detail about below, outsourcing can also help you to access a much broader skill set – possibly from all over the world. It also allows you to take advantage of different time zones – if you outsource your telephone answering service to someone in a different country, it may mean that they can deal with customer and client inquiries while you are tucked up in bed, allowing your business to run on a 24/7 hour basis.
Outsourcing works well for all parties involved too, so check out these instances where outsourcing really is the best option.
When you need the flexibility
The great thing about outsourcing is that there are fewer rules and more flexibility. For someone who is working as a freelancer hiring their skills out, it means you have less repetition in your career and fewer regulations to work by. For a company looking to outsource a freelancer, you do not have to worry about giving them constant work, or paying any associated employment benefits such as maternity pay or holiday pay, because you are only hiring them for one particular job, and if you no longer need them or they are not up to the task, it is much easier to let them go than if they were a permanent employed member of staff. Everybody gets what they need and want, so it is a win-win situation all round!
When you need someone with technical skills to sort out your computer problems
We all know that computers break down from time to time or that sometimes, you will need someone who has more technical knowledge and skilly to sort out some issues within your business. However, having a dedicated person hired just for IT can be rather costly, especially if you are running a small business that doesn’t need someone on-site 24/7. That’s where outsourcing comes in. Using an IT services company will save you overspending on an unnecessary member of staff, and allow them to gain the business they need.
When you have a high customer demand
If you have been in business for a few years, then it is likely you have noticed trends in your sales. For example, at Christmas time, shops tend to be busier because of people out buying gifts for Christmas, and stores need to make sure that they have enough staff to handle the crowds. The same goes for pretty much any type of business when there is high customer demand. However, hiring more staff will leave you with more employees than you have hours to give. Outsourcing members of staff will allow you to bring them in for as long as you need them and then return to normal!
It is easy!
Finally, one of the greatest things about outsourcing is that it is so easy to do, especially in this day and age! Do you want a content writer for a specific niche? Head to Fiverr or Upwork and post your job for free and allow freelancers to come to you. All you have to do is pick the most suitable person for the job, provide them with clear instructions, and pay them when it is done. Platforms like Upwork ensure that both parties are covered in the event of non-payment or no work produced, and you can check out reviews from people who have previously hired them to make sure that they really are up to the job. Yes, it really is that simple!