Why startups should consider outsourcing their services
Startups face the challenge of confronting a highly competitive business environment. One of the solutions for startups is delegating tasks to an outsourcing company instead. Some examples of tasks that can be outsourced are human resources, data entry and processing, bookkeeping services, digital marketing, and customer service.
But why should a startup outsource its services? Here are the top reasons why startups should outsource some parts of their business
1) Lowers cost
One of the main reasons to outsource is that it reduces costs. Compared to hiring a full-time employee, it would cost a lot less to hire a trained professional from an outsourcing company to do certain tasks.
2) Saves time
Outsourcing companies balance cost and time, enabling them to deliver quality work before or on the deadline. For startups, maybe they don’t have the capacity to have an HR department, or maybe they have but they want to focus more on their business’s-critical tasks and delegate other “non-critical” tasks to an outsourcing company and their experts.
3) Work is assigned to specialists
Another major benefit of outsourcing is that it will be handed to a specialist, who can focus only on a specific area. Outsourcing companies hire experts who are skilled in a specific task. Compared to hiring a full-time employee to do a certain task which they are not equipped to do, outsourcing can help in hiring someone trained to do the task. An outsourcing company goes through a rigorous procedure to make sure whoever they hire or whoever works for the business owner is equipped with suitable skills. Some outsourcing companies even source out people globally, which means they are trained to do certain tasks globally. This helps in getting a wider audience.
Focus on core operations
When you have an outsourcing company accomplishing tasks, you can focus on your core operations. Your employees can be delegated to more important tasks that will complement your business goals.
It can help you focus on your business
Outsourcing tasks to experts enables you to focus on expanding your business. It allows you to concentrate on your business’ growth and eliminate technical tasks. You will be able to come up with strategies, marketing, sales, and operations.
They are up to date with the need
In the present landscape, maintaining a business and HR requires a lot of work and resiliency to overcome challenges.
Outsourcing can dramatically benefit startups, especially when they want to expand their business and focus on their goals. Hiring people for specific tasks for your company will help you reduce costs, save time, get experts, focus on core operations, focus on the business, and keep you up to date with requirements. It seems like there are a lot of benefits to outsourcing which startups should consider.
Q2 is an example of an outsourcing company that can help startups in outsourcing their services. Under People 4 People, we provide DOLE-compliant end-to-end business services as a third-party people management for operations. Some services we offer under People 4 People are the Managed Service and Build, Operate & Transfer (BOT). Under Managed Service, clients can focus on their core operations by dealing with their partner company’s manpower services and a workforce complement. We offer target sourcing and selection of talent, volume recruitment and mass hiring, and End-to-end People Management.
While under BOT, your company’s business growth accelerates by reducing the organization's costs and minimizing risks. We support your manpower recruitment and management efforts, legal documentation including registration requirements, and operation management initiatives.
Our team provides end-to-end HR solutions that meet our clients’ ever-widening range of challenges, and we provide outsourcing solutions through the proven process. Outsourcing is made more efficient, credible, and easier through us.
With all the solutions and benefits making it easier than ever for startups to outsource their services, to not do so in this day and age would be a great mistake. It could mean the difference between a business that thrives in this pandemic—or one that always struggles.