10 Reasons Why a Company Might Choose to Outsource

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There are so many reasons why companies outsource certain tasks, like customer service, marketing, and back-office support. Here are the top 10 reasons companies all over the country are choosing to outsource their work. 

1. Saving Money

Hiring a company or freelancer to take on outsourced work for your business will save you lots of money. Hiring full-time people requires paying them a full-time salary, benefits, and taxes. That’s a lot, especially for a small business, to take on. 

2. Saving Time

On top of saving money, you’ll also save time. If you’ve been struggling to balance tasks for a while, having another company or freelancer take them off your hands will free up your time, allowing you and your team to focus on other things. 

3. Increasing Productivity 

Because of that, you’ll also witness an increase in productivity throughout your staff. Because people are focusing solely on their own jobs instead of juggling multiple hats, they’ll be more productive in their own job title. 

4. Hiring Experts

When you outsource your work, you’ll have access to a much larger job pool, meaning that you’ll have access to more experts in the field you’re hiring for. 

5. Great Scalability 

It’s really hard to scale your business with full-time employees without over-hiring and costing yourself too much money. With an outsourcing company or a freelancer, you’ll be able to easily scale the number of workers you have. You can hire people to work during the busy seasons, or by the project as needed. 

6. Save on Training Time

You also won’t have to spend as much time training outsourced workers, as they generally know what they’re doing. With full-time employees, you often have to dedicate a week or more to training to make sure they’re in the know about all processes around the office. With outsource workers, they just need to know the basics of the company and the specific project they’re working on. 

7. Less Business Risk

When hiring a full-time employee there’s much more commitment than there is with a freelancer. If the freelancer doesn’t work out, it’s much easier to end a contract or an agreement. With a full-time employee, you’ll have to go through the process of firing them if they don’t work out. 

8. Tax Benefits

When you hire a full-time employee, you have to pay taxes on their income, just like they do. You split this tax with all staffed employees, whether they’re full-time or part-time. With freelance or outsourced workers, they pay the entire tax themselves, because they’re not technically employed by you. 

9. Finish Projects Faster

Having extra hands on deck will allow you to finish projects faster, allowing you to also take on and start more projects more frequently. These workers will add to the workflow of your business as a whole, helping you to make more money and sustain your business. 

10. More Customers and Clients

When you have a business that works like a well-oiled machine, you’ll take on more customers and clients. With better customer service, you’ll have people coming back over and over again for whatever you’re selling. 

Is Outsourcing Right for My Business? 

If you’re having a hard time getting all of the work done that needs to be done with the staff you currently have but don’t think you can afford to bring on more full-time employees, looking into outsourcing your work might be a good idea. You can hire either freelance workers, which are great for individual projects, or an outsourcing company, which is great for customer service and back-office support. Outsourcing is a great way to keep your business running smoothly without breaking the bank.

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