Outsourcing Yes, But How Far?
This helps in demarcating time from non-strategic tasks and focusing on revenue generating activities.
But many businesses do not understand that outsourcing is money saved.
To broaden the awareness about outsourcing and its lateral gains some long-term benefits are documented below.
Benefits:- Control on Capital costs: Cost-cutting need not be the sole purpose to outsource but it is a major motivator.
In outsourcing, fixed costs turn into variable costs and the capital saved can be invested elsewhere and spare large expenditures in the early stages of a business.
Outsourcing makes a firm appealing to investors since pumping more capital directly towards revenue-producing activities gains more scope.
When companies do everything, their research, development, marketing, and distribution expenses get passed on to customers.
An external provider's cost structure and economy of scale will help a firm in leveraging an important competitive advantage.
Savings in Labor Costs: Hiring and training staff for short-term or peripheral projects can be prohibitive.
But outsourcing lets them focus on human resources where they require it the most.
Starting new projects soon: Most small firms cannot afford to match the in-house expertise that larger companies maintain.
Outsourcing will help the small act "big" by giving access to economies of scale, efficiency, and expertise that large companies enjoy.
Reduce risk.
Every business investment carries a risk.
Markets, competition, government regulations, financial conditions, and technologies are changing very quickly.
The outsourcing providers gauge the risk of the client and cut the risk in their areas of expertise.
Virtual Support In today's technology-driven business climate virtual assistant services are too hard to negate.
Businesses need the much needed "extra spice" to excel in competition and growth.
The VA services help in making a business visible, competitive, efficient and profitable.
There are thousands of on demand Virtual Assistant Companies and millions of freelancers working as virtual workers.
In the hands of a Virtual Assistant any task (core or non-core) becomes a value-added task.
Some early movers who hired Virtual Services braved competition and made profits.
Their trade secret was the decision at an appropriate time to outsource the bulk of the clerical services by way of virtual assistant services.
Routine and repetitive tasks such as email checking, replying to queries, order-taking, social media marketing; personal business shopping, follow up of leads; database management; data entry and website updates are good for outsourcing.
These are time consuming but non-revenue generating processes.
Hiring a Virtual secretary can be a short cut to outsourcing many of these services.
A virtual secretary is basically a virtual office assistant who lends the critical administrative expert or office assistance support to a business owner.
In a conventional office the personal assistant works shoulder to shoulder with the boss.
But the online secretary is a far cry from it.
He or she works from a remote office and delivers goods through the Internet and other communication tools.
Ideally a Virtual Personal Secretary handles the following tasks.
· Online Virtual receptionist · Customer Service support · Organizing Contacts · Setting up meetings or appointments · Preparing for Travel Plans · Calendar and E mail Management · Business Presentations · Social Media Marketing · Social Networking Proposals · Internet research When a virtual secretary is in charge, the business owner can breathe easy as the pressure of too many stressful clerical tasks are taken away by the remote secretary.
Any dispute?