​Tips on Hiring Outsourced Staff Remotely

Through the years, people have been looking for better alternatives to improve their business processes. Several years ago, businesses would hire hundreds or even thousands of people in order to meet business demands. However, managing a huge number of employees can entail several drawbacks that any business would not like to deal with. This is where outsourcing comes into the picture.

What is outsourcing?

Offshore outsourcing or simply outsourcing means hiring people usually from other countries to compensate a business’ lack of manpower. Usually, these people charge a lot cheaper compared to local workers. Many businesses have been doing this practice for several years now. Some of the most common business processes that are being outsourced abroad are accounting, customer service and data entry jobs.

There is also a common misconception among people that outsourcing can only be effective if utilized by a small business and that it will not provide any considerable impact to a huge business empire. Actually, that is not always the case. Small and big businesses alike can gain a lot of benefits if they get their jobs outsourced. Large businesses can double their marketing efforts by outsourcing some of their business processes. You can have three equally skilled workers for the price of one employee in your local area.

Are you ready to outsource?

Businesses that can no longer accommodate the overwhelming tasks in front of them as they run their business are usually advised to entertain the idea of outsourcing a good portion of their business processes. Outsourcing can also be very beneficial to people who have online businesses and usually work at home. If you are one of these people, you would be able to free up your schedule with the help of outsourcing companies.

Outsourcing companies can provide you with all the help that you will need in order to run your business. If you want, you can also hire a freelancer of your choice rather than hiring an outsourcing company. There are many freelancers on the internet that offer a wide variety of services that can be of great value to your business. You can contact one of these freelancers and conduct the interview yourself. This way you get to know the person in a very personal level.

You would know if you are ready to have some of your tasks outsourced if you have more than what you can handle on a daily basis. There are several ways to pay your freelancer or outsourcing company. Some charge on a per project basis while some will require you to have them paid on a regular basis just the way you would pay a regular employee. Therefore, it is advisable that you have enough works in queue for them to work on.

Things to Consider When Outsourcing

When outsourcing, you need to consider some factors before you come up with any decision. Although outsourcing can be your key towards business success, it can also cause your downfall if not done correctly. Therefore, you need to formulate a set of questions first before you have any of your projects outsourced. Here are some of the questions that you need to ask yourself:

1.What is my net profit?

Before you do any outsourcing, you need to calculate your net profit first. You need to determine the total or gross profit of your business minus the expenses. You can calculate your business’ net profit for the past month or past year, which ever works for you. Knowing your net profit is important because you need to know how much to spend for outsourcing. It will also help you determine how much each task is worth.

2.How many hours a week do I spend for my business?

When you own a business, it is important that you keep track of your working time. You may think that you are spending eight hours a day for your business but when you actually keep track of it, you will likely be surprised that you only spend around four or five hours a day for work as there are other things that you also attend to from time to time.

Knowing the number of hours that you work on a weekly basis will help you understand the value of your time. You can simply take note of your hours using your phone or computer. If you want to go old school, you can simply scribble the number of hours that you have worked each week on a piece of paper. Knowing how much time you spend for work will provide you the idea whether you are ready to have some of your business processes outsourced.

3.What is my hourly value?

It is important that you know how much your time is worth. This will help you understand whether there’s a need to have some of your tasks outsourced. You can simply calculate your hourly value by dividing your net profit for a month by the number of hours you work weekly. If you think that hiring an outsourcing company or freelancer is a lot cheaper than your hourly value then you might as well consider outsourcing.

4.What should I outsource?

Before you have any of your tasks outsourced, you need to know first which aspect of your business processes that you’re willing to give out to other. You can outsource administrative, technical and professional tasks to the outsourcing company. You don’t need to worry about anything since these people have the expertise and the experience depending on their field.

These are just some of the most common outsourcing tips that you need to know. There is more than outsourcing than what you imagine. If you want to keep your business going while giving you some time for yourself and family, outsourcing your business would be the best way to go.