Category — Outsourcing

Are you thinking of how to be more productive? Is that the resolution for the new Year?

If you own an online business or even a small offline business, you must be spending loads of time doing non productive work. I mean that you might be doing tasks that you should not be doing, but due to lack of resources, you end up wasting your time on them.( and most of the time you don’t master these things)

I am referring to essential things like keyword research, price comparisons, book keeping, diary management , calendaring , blog posting , article research, site bookmarking, updating your website and the list goes on and on…

You should have guessed where I am coming from by now.

If you want to be more productive, you should be able FOCUS and DO WHAT YOU DO BEST , the rest, you should be able to delegate.( which implies costs, but if you value your time, you will see the benefits)

Say you are a businessman and you think you can easily make $ 100 an hour if you were doing what you do best, but you end up doing secretarial work for 2-3 hours a day.( a secretary could be costing you $ 20 an hour)… most of the time we try to do everything ourselves and think that we are saving money. But at the end of the day, this precious time can be used to create more wealth by on doing what we do best.

We could be concentrating on our core business,  do strategic research or develop business ideas or even better : spend time with the ones you love …

Think about it!!! Think about all the things that you don’t want to be doing? You could DELEGATE….you could OUTSOURCE… Yes outsource to a Virtual Assistant maybe…

A virtual assistant can be doing virtually anything for you and they could be costing very little….less than you could imagine if you source the right people…

This is food for thought. I could go on and on about building virtual teams, using virtual assistants, training VA’s etc….but it is probably time to take some action now…

GEt in Touch…… I could advise on these….

Speak soon

Rajeev

By Outsourcing, You Can;

1. Control operating costs
2. Improve efficiencies through economies of scale
3. Improve speed and service
4. Level out cyclical or seasonal fluctuations
5. Eliminate peak staffing problems
6. Provide the best quality services, products and people
7. Be reliable and innovative
8. Provide value-added services
9. Increase customer satisfaction
10. Establish long-term, strategic relationships with world-class service providers to gain a competitive edge
11. Enhance tactical and strategic advantages
12. Focus on strategic thinking, process re engineering and managing trading partner relationships
13. Benefit from the provider’s expertise in solving problems for a variety of clients with similar requirements.
14. Obtain needed project management and implementation consulting expertise
15. Acquire access to best practices and proven methodologies
16. Spread your risks
17. Avoid the cost of chasing technology
18. Leverage the provider’s extensive investments in technology, methodologies and people
19. Reduce the risk of technological obsolescence
20. Increase efficiency by consolidating and centralizing functions
21. Keep pace and minimize the impact of rapid changes in technology without changing your infrastructure
22. Reduce the overall management burden while retaining control of strategic decision making.
22. Reduce overheads, free up resources
23. Minimize capital expenditure
24. Eliminate investment in fixed infrastructure
25. Offload non-core functions
26. Redirect energy and personnel into the core business
27. Free your executive team from day-to-day process problems
28. Focus scarce resources on mission-critical projects
29. Get access to specialized skills
30. Reduce need for internal commitment of specialists
31. Save on manpower and training costs
32. Have access to a larger pool of talents
33. Avoid paying Employee Tax
34. Get more out of the man hours you pay for
35. Leverage world class Technology and Resources at very low costs.
36. Build a Virtual Team and have a global delivery model
37. Get more for your money, i.e have a higher Return On Investment

Would appreciate your questions and comments so that we can build up on this.
Many Thanks
+| Rajeev |+

Anyone and Everyone who wants to make best of their time. ( Time Management for the jargon Freaks )

You will surely agree that Time Management is one of the most Essential aspects for anyone/any business to succeed. Having said that, it is for everyone of you who want to live your lives doing things that you love doing and also for those who just need a life.

Time Waste = Life Waste

Everyone of us have daily routine tasks that we feel that we should not be doing, but we still do them for various reasons;

— No other alternative
— We are control Freaks
— Never thought of a way out of it
— We think that only “I” can do it
— We get so used to it that we think the world will crumble if we don’t do it

These tasks usually are:

• Doing internet research
• Drafting reports
• Sending same follow up emails
• Responding to same Enquiries Repetitively
• Doing website maintenance
• Trying to learn new technologies
• Writing artilces
• Posting Articles
• Posting Squidoos
• Microblogging

What Do I do About this Issue Then?

Well, you should start by asking yourself some basic questions:

• What are the main processes in my business?
• What are the core processes of my business that REALLY need my personal attention?
• Which processes/tasks should I focus on?
• Which processes can be done by someone else in house?
• Which processes can be handled by someone else off site?
• Where would I want to spend the time I save, what do I enjoy doing?

Next Step >>> Give it a thought and write down your processes and wait for my next article

PS: Signup to my newsletter so that you stay updated.

Outsourcing is a term used in business and it is gaining popularity on the net as millions of web site owners discover they do not have all the tools, budget and skills necessary to handle each and every portion of their businesses.

Unlike having to find, interview, and hire an employee - and thus incur the tax liability of a new employee - often savvy business owners turn to outside companies. Outsourcing services take on the tasks underlying a business leaving the owner more free time to pursue the front-end of his or her business.

Wikipedia states:

“Outsourcing” involves transferring or sharing management control and/or decision-making of a business function to an outside supplier, which involves a degree of two-way information exchange, coordination and trust between the outsourcer and its client.”

Outsourcing, therefore, becomes an integrated part of your business. The importance is to determine what should be outsourced, why it should be outsourced, and who will provide your outsourcing services.

Business segments typically outsourced include:

* Information technology
* Human resources
* Facilities
* Real estate management
* Accounting
* Direct Online Marketing and SEO

In addition, many companies also outsource their customer support and rely on call center functions.

Using the Know How of Others - Leverage is the word

The business owner must be able to step back and make an honest evaluation of his or her talents. We are not all created equal. We all have different strengths. One surefire strength for business success that a business owner must cultivate is the ability to delegate responsibility through the use of outsourcing. That’s how a well-run, profit-pulling online business accomplishes its goals.

While we all love to do our initial digging online, pick up a phone and call or send email inquiries or submit forms for call back when choosing an outsourcing service. Make sure your questions are addressed intelligently and at a level of understanding that you feel most comfortable with. Avoid listening to pre-scripted sales pitches where all they want to do is monopolize the phone and beat you down to the point where you really don’t know what they can or cannot do. Take control of the conversation, then turn that conversation into an effective two-way street of open communication. Any company not willing to do that - or vague in their explanations of how - should be moved to the bottom of your list as you locate the best outsourcing company to work with you and your website.

Finding a company that understands and weeds out fad flash-in-the-pan methods, and builds your marketing business on solid, proven methods of web site promotion should be your goal. Find that company and establish a two-way street of information and trust in order to work effectively together.

In Summary

Outsourcing is not just for the “big guy.” Overall outsourcing is viewed by many organizations as a strong business tactic that ultimately is a superior economical approach to developing products and services.

Simply put, don’t try to do everything yourself. You may have many fine strong points, but running your online internet business single-handedly should not be one of them. Learn when and delegating responsibility can actually make your business grow by leaps and bounds. Then find an outsourcing service you can work with - one with a complete understanding of your web site - one that is willing to go extra miles to make your business a success.

If you feel the need to outsource and don’t want to do the leg work of going to find a suitable company, please get in touch with me, I would be more than happy to help.

Thanks

Rajeev

Take Some Action Get Calling.