There is no shortage of tasks that can be outsourced. Everything from accountants to IT specialists can be hired from outside the company in order to make your day-to-day operations simpler. And while big companies may rely on complicated offshore outsourcing deals in order to keep their costs low, they aren’t the only ones that can benefit from this practice.
Small and medium-sized companies can gain a lot by outsourcing various tasks around the office. Here are some of the benefits that practice can bring.
1 – Keep the team small
Anyone who’s ever run an HR department knows what a nightmare running large teams can be. Not only do you need to balance different needs and personalities, but there is also a lot of paperwork and responsibility involved in making sure every member of your company is getting what they need and what they are owed. There are also labor laws to navigate.
Outsourcing lets you side-step all that complexity by helping your company keep its team small. Need help with IT? You don’t need to hire one expert. Just get in touch with a provider of IT services so they’ll be on call and ready to help as needed.
2 – Keep your staff focused
A side benefit of having a small team is that you’ll be surrounded by experts all day. Everyone in the office is there because they have to; because they are a crucial part of what allows your business to generate value. That keeps distractions to a minimum and makes communicating with the entire team much easier.
3 – Get star support
The costs of hiring an accountant with thirty years of experience are such that a small company would probably not be able to afford to have one full-time. If you work with a company that provides accounting services, however, they’ll likely have professions with that level of experience on staff and ready to help.
This doesn’t mean you’ll always deal with experts. But the experts will be there, ready to jump in if the person in charge of your account runs into trouble. All that with no extra cost for your company.
4 – It is often much cheaper
Don’t forget one of the core reasons why businesses choose to outsource. Outsourcing is often cheaper than hiring in-house staff, although the reasons why it is cheaper will change depending on the size of the company.
Large companies often outsource to countries where labor is cheaper in order to cut costs and deal with fewer labor laws.
The logic for small companies, however, is much different. In this case, outsourcing is worth it because businesses get to pay only for the service that was provided. There is no need to hire a full-time IT expert if you only need IT support for 5 hours a week. Outsourcing allows you to only pay for the 5 hours you used the service, rather than pay for the 40 hours of a full-time worker’s week.
5 – Freedom of choice
Service providers are much easier to hire and fire than individual employees. This makes it easier for you to switch providers when you aren’t pleased with their service.