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Outsourcing

How it Benefits Small Businesses
2

What is Outsourcing?
Obtain (goods or a service) by contract
from an outside supplier.
3

Benefits of Outsourcing to
Small Business
4

Less office space needed
Does not have to pay for
computers, equipment,
taxes
Reduced HR and Legal
Costs
And thus;
Less capital needed to complete
projects
Saving money is always a major
concern for small business owners.

Control capital costs
5

Reduce Labor Costs
Hiring and training staff for short-term or peripheral
projects can be very expensive.
Outsourcing lets you focus your human resources
where you need them most.
6

Increase Efficiency
Those hired to help out the company may be more
motivated in working in hopes of being hired for
additional projects in the future.
7

Frequent Projects
Business owner can save time by outsourcing
immediately compared to hiring, training and educating
full-time employees.
Several projects on various topics or areas of expertise
can be started at any given time with outsourcing.
8

Focus on Core Activities
Outsourcing enables a small business owner to
concentrate on his core business activities
(usually where the real money is made and where the
work is most enjoyed)
9

Level the Playing Field
Outsourcing can help small firms act "big" by giving them
access to the same economies of scale, efficiency, and
expertise that large companies enjoy.
10

Reduce Risk
Markets, competition, government regulations, financial
conditions, and technologies all change very quickly.
Outsourcing providers assume and manage this risk for
you.
11

Flexibility
By outsourcing you can construct a virtual team that can
have diversified talents spanning a range of tasks, from
data entry, research, help desk support, customer
service, marketing and sales and attending to personal
matters
12

Reduce Exposure to Law Suits
Legal risk is borne entirely by the outsourcing provider
who is treated on a contractual basis.
13

Reduce Healthcare Costs and Benefits
Business owner will not be responsible for providing
health insurance, benefits, taxes and other expenses.
14

Develop Internal Staff
Outsourcing of the project will bring people with the skills
you need into your company. Your people can work
alongside of them to acquire the new skill set.
15

Work-Life Balance
Help to improve your work- life balance by offloading
time-consuming, repetitive and often boring tasks.
16

16
Start Outsourcing today !!!
Take the time to check out
http://www.freelancersoutpost.com/blog
For free resources and additional tips on how to
outsource and hire freelancers.
Follow us at:
https://twitter.com/freelancersoutp
https://www.facebook.com/FreelancersOutpost

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The Many Benefits of Outsourcing.

  • 1. Outsourcing How it Benefits Small Businesses
  • 2. 2 What is Outsourcing? Obtain (goods or a service) by contract from an outside supplier.
  • 3. 3 Benefits of Outsourcing to Small Business
  • 4. 4 Less office space needed Does not have to pay for computers, equipment, taxes Reduced HR and Legal Costs And thus; Less capital needed to complete projects Saving money is always a major concern for small business owners. Control capital costs
  • 5. 5 Reduce Labor Costs Hiring and training staff for short-term or peripheral projects can be very expensive. Outsourcing lets you focus your human resources where you need them most.
  • 6. 6 Increase Efficiency Those hired to help out the company may be more motivated in working in hopes of being hired for additional projects in the future.
  • 7. 7 Frequent Projects Business owner can save time by outsourcing immediately compared to hiring, training and educating full-time employees. Several projects on various topics or areas of expertise can be started at any given time with outsourcing.
  • 8. 8 Focus on Core Activities Outsourcing enables a small business owner to concentrate on his core business activities (usually where the real money is made and where the work is most enjoyed)
  • 9. 9 Level the Playing Field Outsourcing can help small firms act "big" by giving them access to the same economies of scale, efficiency, and expertise that large companies enjoy.
  • 10. 10 Reduce Risk Markets, competition, government regulations, financial conditions, and technologies all change very quickly. Outsourcing providers assume and manage this risk for you.
  • 11. 11 Flexibility By outsourcing you can construct a virtual team that can have diversified talents spanning a range of tasks, from data entry, research, help desk support, customer service, marketing and sales and attending to personal matters
  • 12. 12 Reduce Exposure to Law Suits Legal risk is borne entirely by the outsourcing provider who is treated on a contractual basis.
  • 13. 13 Reduce Healthcare Costs and Benefits Business owner will not be responsible for providing health insurance, benefits, taxes and other expenses.
  • 14. 14 Develop Internal Staff Outsourcing of the project will bring people with the skills you need into your company. Your people can work alongside of them to acquire the new skill set.
  • 15. 15 Work-Life Balance Help to improve your work- life balance by offloading time-consuming, repetitive and often boring tasks.
  • 16. 16 16 Start Outsourcing today !!! Take the time to check out http://www.freelancersoutpost.com/blog For free resources and additional tips on how to outsource and hire freelancers. Follow us at: https://twitter.com/freelancersoutp https://www.facebook.com/FreelancersOutpost