In any business, there will come a time when you need to decide whether you need to consider outsourcing or not. When you’re experiencing such exponential growth in the past year or months, you may find yourself facing several challenges like meeting your client’s expectations as well as fulfilling their requirements. Outsourcing proves to be one of the most effective solutions in such a situation since you’ll be able to free up more time to work on what really matters in your business.
However, the question remains, “how would you know if your organization is ready to outsource?” This guide tries to answer that question by enumerating some of the signs you need to look out for to know if you need to outsource already.
1. Remote Working Becomes a Reality
In a modern business environment, companies often have team members placed in different locations and branches. Not only that, some organizations even consider a remote work setup where some of their employees are working remotely either from home or in faraway locations. Offering flexi-time and work-from-home options to employees means your company can operate and function at its full capacity even if some employees work remotely. This just shows your business already has the flexibility and the setup to deal with outsourced help in some areas like IT, marketing, bookkeeping, and accounting functions.
2. Addressing a Specific Need
Not all aspects of your business are meant to be outsourced. However, certain areas that are target-specific can be outsourced. In fact, those areas are probably better suited to be assigned to outside sub-contract support, especially if your outsourcing partner has more experience in those target areas. Accounting, marketing, customer service, and IT are four of the main skill set areas that thrive on outsourced help because of the nature of the work involved. Considering the cost of the overhead you spend on maintaining those areas in-house, outsourcing them could prove to be more efficient and cost-effective in the long run. You can easily pay professionals for their expertise for a particular project without investing in infrastructure, hiring, and the tools needed for their setup.
3. Investing in Cloud Computing Tools
Nowadays, most companies readily invest in cloud computing tools and software packages that practically give them a lot more flexibility in terms of accessing and storing information. You can practically keep your own books, schedule payments, post blog posts, and get business insights easily and in almost any authorized device in your company. Having a cloud-based system is the perfect solution for outsourcing some of the tasks in your organization. It can make communicating and collaborating much easier as the flow of information is much smoother and more efficient.
4. Security Becomes a Priority
Data breaches have become much more common in recent years as more companies transition into a more digital-centric way of doing business. The fact of the matter is that data breaches can cause quite a lot of damage to any organization and can even destroy a business’s reputation. This is why cyber security shouldn’t be taken lightly and should be given priority at all times. While you can definitely draft your own information security and data privacy policies, you can’t really expect to be an expert in such a matter, especially if you’re still starting out as a business.
The best solution is to get outsourced experts in cyber security to give you a robust level of protection. You need experienced teams that can do the job professionally and help you protect your most valuable assets.
5. Having More Work Than Time
Having more clients and customers means more work. At first, this is a good thing for any business. However, the question is, how long can you sustain that before being overwhelmed by new projects or feeling a little burned out. When you and your staff start to get more work but have very little time to deal with them without stressing out, you need some help from other professionals. This is a wonderful problem to have and one that outsourcing can easily solve for you.
It’s not always a good thing to push yourself and your employees to work extra hours for a prolonged period of time. There may also not be enough time to hire, train, and set up new skilled employees so you can catch up on all the work. What you need is outsourced help from a team of qualified professionals.
6. Your Business is Growing at an Alarming Rate
Seeing your business grow exponentially is undoubtedly a wonderful thing to experience. While it’s quite alright to celebrate, you may need to look into how you can adjust to that growth. Managing your business will no longer be as easy as it was before now that you’re expanding your client base and getting more work. You’ll start to feel a little overwhelmed about everything, which only strengthens the need to get outside help. This might be a good time to get a team for customer support outsourcing, remote sales outsourcing, or other tasks that you need some assistance from.
7. Finding it Hard to Adapt New Services
Adding new services to your organization’s line of business is a surefire way for growth. Maybe you’re trying to offer a new service that would benefit your clients. However, your current capacity can’t handle it because you risk overloading your staff and biting off more than you can chew. This seems to be an ongoing problem for many organizations, but you shouldn’t be limited by it. This is where you have to make a tough decision to either discontinue some current services, drop clients, or start outsourcing.
If you think the new service is extremely valuable for your business, then getting some outsourced help is exactly what you need. That way, you don’t have to drop any clients and instead embrace a new service and leave the old ones in the capable hands of your outsourcing team.
8. Mind-Numbing Tasks are Starting to Take Over
Outsourcing back-office tasks can free you from some of your company’s more tedious, repetitive, and time-consuming duties. Whenever you feel like those types of tasks are starting to become more and more common and are what the majority of your team is focusing on, then you definitely need to outsource. There are numerous outsourced and remote staffing solutions out there that can liberate you from such tasks and help you focus on more important matters, such as growing your business.
Making the decision to outsource is never an easy one to go through, regardless of what industry you’re in. But it’s definitely worth trying considering all the benefits you can get from it with very little investment.
Having access to world-class talent whenever or wherever you need them is a must in any company. CrewBloom is here to help you make that a reality through our highly skilled team of professionals. Whenever you need help from a business outsourcing service provider, partner with us and hire premium talent today!