What are the 5 Types of Outsourcing?

Nowadays, entrepreneurs and companies rely on outsourcing to cut operational costs and focus on growing their business.

If you are planning to seek outsourced help, learn how outsourcing works and what outsourcing model will give you the best benefits. The general rule is to define outsourcing based on the job to delegate and how the result will be delivered.

The most common outsourcing models are as follows:

Project-based Outsourcing

These projects have well-defined requirements as well as deliverables. Companies outsource them to a dedicated team that can deliver excellent results without disrupting the regular tasks of their staff.

Staff Augmentation

Companies often outsource help because they need a skilled workforce that can work part-time. This model is usually utilized by companies who offer add-on services like outsourced customer experience support services to expand their business.

Managed Services

This outsourcing model is commonly used to hire IT, HR, production, or daily operational support. The managed service provider (MSP) assumes the responsibilities of monitoring, problem- solving, or handling specific backend office functions.

Contracting or Out-tasking

In this model, the company transfers a specific service or process to its outsourcing partner. Meanwhile the out-tasking involves licensing, where the partner gets permission to use the intellectual property of the company. Another means is through contracting, where a third-party supplier manages a set of processes or performs a group of tasks for the client. It can be in a yearly, monthly, weekly, daily, or hourly basis.

Offshoring

This involves relocating the dedicated resources to another country where skilled and professional workers can be hired at lower compensation. It allows the foreign company owners to maintain full control over the process and delivery of services. It also opens up accessibility to new market and opportunities.

These outsourcing models provide flexibility and optimum growth opportunity for your business. To ensure the success of outsourcing your projects, choose the best-outsourced partner or BPO company in the Philippines.

Brand Awareness – Best SEO Benefit for a Startup

Search Engine Optimization may be a foreign language for many startup entrepreneurs. If this is the first time that you are learning about SEO, then you better know the benefits that you are getting from it. It is important to understand that it is not a marketing cost. Rather it is part of your investment in your company.

As a business owner, you naturally want increasing sales. Not just a one-time luck, but a steady flow of increasing sales for your venture. SEO helps you get those sales coming from the interest. It is undeniable that most of the people now are using Google to find the services and products that they need.

Nowadays, businesses do not look for customers. Buyers look for products and services online and compare them before making an actual purchase. If your target market can’t find you online then you are invisible to them. Imagine people just walking pass by your store.

If you have a startup, you better have a functioning website. Not only a website with beauty, it must be an optimized website that the search engine can put in its index.

Let’s assume that you are selling a shaving cream that has the best quality in the market. You can’t rely solely on your family and friends to do word of mouth for you. You need a website that will come out of Google’s first-page result when people search the term “shaving cream”.

How can you convince Google that your website is the best answer to the inquiry of “shaving cream”? You have to use SEO. SEO does not only make sure that the target keywords are present in your website. It strategically makes your website genuinely useful for your target audience. Google loves helping searchers and with SEO, you can make your website the place where people can get what they need when they want it.

SEO will help you focus on your target market and their user experience. Once you can this done, be ready for the outpouring sales.

 

Millennials Are Perfect In Outsourcing for Startup Companies

Millennials are not job-hoppers, impatient and they are not fond of micromanagement. They’d like to work on their terms, they feel bored and stuck in an office set up working for 8 hours straight.

60% of Millennials are open to new opportunities and prefer to strike while the iron is hot. This makes them perfect in outsourcing, as they are more than willing to work in a contract, short-term jobs with a flexible schedule. Similarly to being their own boss and working on a flexible schedule with multiple clients.

Moreover, the unemployment rate of this generation has increased up to 12.8% that makes them struggle to nail a job. As it turns out, they are taking advantage of applying to any remote jobs and side gigs to make ends meet and to have a better life.

In addition to that, Millennials are explorers and hungry for success. They are prepared to do whatever it takes just to find ways to adapt to a new workflow in outsourcing, improve their skills and most importantly widening their networks for more job opportunities.

As they build their skillsets, start-up companies now prefer to hire millennials as part of their outsourcing company. Then offer the generation a salary increase once they have proved their worth.

These philosophies and challenges, millennials are going through lead them to apply in outsourcing companies, as their way out of poverty.

In this generation, they just have to keep themselves motivated at all times, and keep their eyes on the goal. Since not all generations were born equal, it’s just a matter of who influenced them and stick to their goal to be financially stable.

How to Build a Startup Online Business From Scratch

People used to think that you have to be rich before you can build a business. The truth is you don’t have to be filthy rich to start a business from scratch. The idea of starting a business must not scare an ordinary person especially if there is a bright idea that needs to be made into a reality.

If you have a business idea that you want to work on to earn a fortune, here are some tips to get started.

Start with what you currently have.

We are now in the 21st century. Money shouldn’t be an excuse. No matter how little you have, you can still build your investment. Start by brainstorming on your business name. Find a freelancer who can create you a logo or create it yourself if you have a flair for art.

Get a domain name for the site from Godaddy and get a cheap hosting. You need a website to start having an online presence. Work from home, but make sure to have a good internet connection.

Follow systematic routines.

To be on the right track, you need to psych up yourself. Own the feeling that you are now an entrepreneur. Start a business routine and stick with it.

Join groups

You may start a sole propriety, but you must not forget to make connections in your industry. Join groups, attend organization events and be active in forums. People who have been longer in the industry can share a lot from their experience. You will not only learn, but you will able be motivated.

Identify your problems

Though you may need a lot to have your online business operational, you must make a list to be organized. You will not be able to find a solution if you do not know the real challenges.