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5 Steps To Successful
Small Business Outsourcing

By Gourab Nanda
Co-founder and CEO of MyBusinessAssistant
The Questions Most Small Business
Owners Ask
 How can I develop an                              How to select the best
 effective outsourcing                            outsourcing solution for
       strategy?                                      my business?




  How to evaluate the                                 Should I go for
complex web of options                             on-shore or off-shore
    and vendors?                                        solutions?


                         What services should I
                              outsource?
Step 1: Create A Wish List

 This list of non-core tasks is
 unique to you business

 Involve your core team to
 prepare the list

 List activities that do not
 require YOUR direct
 expertise and time
Step 2: Prioritize Your List

 How important is the task for your business?

 How much time do you spend on those tasks?

 Task          Importance   Time Spent   Overall   Priority

 Customer
                   5            4          9          1
 Support
 Website
                   3            3          6          2
 Maintenance

 Bookkeeping       3            2          5          3
Step 3: Define Skill Sets
 Task         Skills                     Timing                   Special needs
Customer      USA based agents with      24/7 support on phone Agents must be
Support       good communication         and email. Email       qualified enough to
              skills to respond to       should be responded to understand our
              customer issues            within one hour        product



Website       Good creative skills for   Anytime, anywhere as     Should be able to
Maintenance   design and expert level    long as the work is      work in sync with
              PHP programming for        done as per scope and    online marketing
              application                schedule                 team
              maintenance

Bookkeeping   QuickBooks certified,      Books must be up to      Should be available
              must understand e-         date within the first    for monthly phone
              commerce business          week of every month      meetings to discuss
              transactions               for the previous month   cash flow issues
Step 4: Budgeting

 Roughly allocate money to your wish-list tasks

 You may not share this estimate with the vendors

        Task                       Monthly Spend

        Customer Support                   $450
        Website Maintenance                $300
        Bookkeeping                        $250

        TOTAL                            $1,000
Step 5: Points To Consider During
Vendor Selection
        Integration
        • Vendor’s capability to work in sync with related teams
        • E.g.: Web team should constantly coordinate with online marketing
          team

        Flexibility
        • Vendor’s ability to cater to temporary/seasonal/business-specific
          needs
        • E.g.: Offering additional agents during an ad campaign

        Scalability
        • Vendor’s capacity to ramp-up as your business grows
        • E.g.: Seamlessly adding more people when you acquire a new
          customer and need additional support
Select What’s Best For Your Business

 Share your wish list and points with potential
 vendors
 Listen to what each has to offer or suggest
 Don’t jump to the lowest cost option
 Be creative in your outsourcing strategy
 Get the best of on-shore and off-shore services
Thank You.

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5 steps to successful small business outsourcing

  • 1. 5 Steps To Successful Small Business Outsourcing By Gourab Nanda Co-founder and CEO of MyBusinessAssistant
  • 2. The Questions Most Small Business Owners Ask How can I develop an How to select the best effective outsourcing outsourcing solution for strategy? my business? How to evaluate the Should I go for complex web of options on-shore or off-shore and vendors? solutions? What services should I outsource?
  • 3. Step 1: Create A Wish List This list of non-core tasks is unique to you business Involve your core team to prepare the list List activities that do not require YOUR direct expertise and time
  • 4. Step 2: Prioritize Your List How important is the task for your business? How much time do you spend on those tasks? Task Importance Time Spent Overall Priority Customer 5 4 9 1 Support Website 3 3 6 2 Maintenance Bookkeeping 3 2 5 3
  • 5. Step 3: Define Skill Sets Task Skills Timing Special needs Customer USA based agents with 24/7 support on phone Agents must be Support good communication and email. Email qualified enough to skills to respond to should be responded to understand our customer issues within one hour product Website Good creative skills for Anytime, anywhere as Should be able to Maintenance design and expert level long as the work is work in sync with PHP programming for done as per scope and online marketing application schedule team maintenance Bookkeeping QuickBooks certified, Books must be up to Should be available must understand e- date within the first for monthly phone commerce business week of every month meetings to discuss transactions for the previous month cash flow issues
  • 6. Step 4: Budgeting Roughly allocate money to your wish-list tasks You may not share this estimate with the vendors Task Monthly Spend Customer Support $450 Website Maintenance $300 Bookkeeping $250 TOTAL $1,000
  • 7. Step 5: Points To Consider During Vendor Selection Integration • Vendor’s capability to work in sync with related teams • E.g.: Web team should constantly coordinate with online marketing team Flexibility • Vendor’s ability to cater to temporary/seasonal/business-specific needs • E.g.: Offering additional agents during an ad campaign Scalability • Vendor’s capacity to ramp-up as your business grows • E.g.: Seamlessly adding more people when you acquire a new customer and need additional support
  • 8. Select What’s Best For Your Business Share your wish list and points with potential vendors Listen to what each has to offer or suggest Don’t jump to the lowest cost option Be creative in your outsourcing strategy Get the best of on-shore and off-shore services