How to Save Time and Money by Outsourcing: The Ultimate Guide

More and more businesses have turned to outsourcing recently, in an effort to cut down costs. Hiring an employee can be an expense not all new companies can afford. Not only that, but it takes time to train a new staff member up. Outsourcing has now become an extremely popular way to save time and money. Where do you get started, however? This ultimate guide will teach you everything you need to know, about outsourcing for your business.

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Picture source: Flickr

What is outsourcing?

Before we get into the nitty-gritty, let’s take a look at what outsourcing actually is. Effectively, it is about hiring a person (or company) to complete some of your work tasks. They do this from their own offices or from their home. You don’t need to hire a new team member, as these outsourced workers will be freelancers. You may decide to have a meeting with them, but in most cases communication is done via email, Skype or the telephone.

The benefits of outsourcing

We’ve briefly touched on the benefits of outsourcing, but let’s take a look at them in a little more detail:

  • Save money – You can save a fortune by outsourcing your work to another person or company. There’s no recruitment process to fork out for. Plus, freelancers are nearly always cheaper than a full time employee.
  • Benefits – When you employ someone for your business, you have to provide them with certain benefits. This could be medical insurance, holiday pay or sick leave. With an outsourced worker, you don’t need to do this.
  • Save time – It can take a little while to find the right outsourced worker for your business. However, nowhere near as much time as it takes to employ someone through the usual recruitment process.
  • Reduce risk – There’s a lot less risk involved when you outsource. Most companies want to expand, but don’t want the hassle that comes with it. If you’re unhappy with the level of work, then you can normally just look for someone else.

How to find outsourced workers

There are two main options when it comes to outsourcing your work. The first is to find an agency or company who can do the tasks. The second is to hire a freelancer (generally one person). Let’s look of those two options further.

Agency

This tends to be the less risky of the two options. Finding an agency can be as simple as typing a search phrase into Google. For example, if you wanted a performance based SEO company then a quick search can bring up hundreds. You may also want to ask fellow business owners for their recommendations. Some agencies can be found on freelancing job boards, as well.

Freelancer

Looking for a freelancer can take a little bit more work, but can work out slightly cheaper. Using job boards such as Elance, is your first port of call. You may also want to conduct a Google search, but individuals are harder to find than agencies. Again, you can use your networking skills to find out who other business owners recommend.

Once you have found an agency or individual it’s all just a case of agreeing terms, signing any paperwork, and letting them get on with it. We told you it would save you time. And it will definitely save you money!

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