Why Outsourcing is good for your businessLast updated : September 21, 2017
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"Outsourcing" may sound scary to entrepreneurs. Reason being - surety of work quality, timely delivery, communication and security.
Delegating job functions to external agencies is what many companies do, for accessing skilled work force at a lesser cost. Every businessman's primary focus is making operations work in a way that they can provide a better, on time solution for the client/ customer's requirements . Being an entrepreneur you have to focus on many things at an operational level. Hiring a development team for every project increases overheads.
So the best solution is to outsource the project.
We have worked on many projects for providing services like website development, laravel development, game development, web application development, unity2D or unity3D development and much more.
Out of curiosity, I asked my clients the reasons "Why they choose to outsource?" Almost all of them could trust outsourcing because of the following reasons:
1. Cost Effective
Outsourcing is cost-effective because, if you hire developers and designers and make an in-house team, you will have to pay them every month irrespective of the amount of work. You will have to bear infrastructure cost and other resource costs. Again, team building involves a lot of time. On the other hand, if you outsource the project you need to pay only for hours that are consumed. All the other things are taken care of by agencies/individuals.
According to a recent survey conducted by London School of Economics (LSE), almost 70% of the firms choose outsourcing just to reduce the cost.
2. Skilled Resources
If you think of executing your project in-house, initially, you won't be aware of how many and what skilled developers you need. Getting good and experienced developers is another challenge in today's time. To train freshers and getting things done from them requires lot of time and energy.
While on the other hand if you outsource the work, you don’t have to worry about the training & recruitment expenses. You only have to make sure that the company/agency you have hired is capable enough to do it. Find a team who is into the field for quite sometime, capable of understanding and communicating well with you; energetic and enthusiastic about work and is capable of implementing changes as per your need without being slow and easy about things.
3. Saves Time
When you outsource you don't have to get involved at operational level. Explain the requirement, communicate changes and just monitor if the work is being done.
4. Faster & Better services
Good service & faster development is an obvious outcome , as the company to whom you have outsourced better understands different levels of execution of a particular project in hand and has skilled developers at work. What more can one ask for?
5. Focus on core business competencies
Once you outsource the work, maximum burden of developing a software gets shared - recruitment process, training, team building, infrastructure allocation etc. You can focus on your own core business and operational activities only.
Are you still holding back from outsourcing? Don't waste time; just go ahead , find the right people and be sorted. In next write up , I will guide you on outsourcing tips which will help you to select the right team for your work.