Today’s business market is a great place for off-shoring companies to thrive, delivering performance value to the client and outsourcing partners involved. The trick lies in creating the appropriate pricing structure that judiciously utilizes all the available resources and provides business outcomes of paramount quality. These eight key aspects act as guidelines for setting up your off-shoring business model, that will not just guarantee the parent organization monetary and operational gains but will also result in mutual business growth in the long term.

1. 8 essentials steps to offshore your business

2. Definition of rehearsal phase
Getting to know your offshore partner better

3. Preparation of a project plan/model
Chart out a comprehensive project model to be adhered to strictly

4. Initialization of guidelines
Initiate regular reviews with the parent company to ensure that both are progressing on the
right path

5. All-round focus on process and business outcomes
An offshoring company should have processes that drive work efficiency
and concentrates on incessant improvements on the delivery front

6. Set up a quality support framework
Create a framework of the performance indicators that include quantitative,
qualitative measures, business outcomes & targets set

7. Manifestation of clearly defined targets and results that are
quantifiable
A balance needs to be maintained on this front, ensuring that targets or results that are
reasonable and achievable. If not achieved the offshore partner to be held accountable.

8. Assessment of impact on business components
It is important to measure the ROI, because that is why you decided to outsource on
the first place

9. Adherence to defined payout criteria and timelines
Failure to make payments as per agreements may lead to legal trouble

10. Today’s business market is a great place for offshoring companies to thrive. The trick
lies in creating the appropriate pricing structure that judiciously utilizes all the
available resources and provides business outcomes of paramount quality. To know
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