There are many success stories of how outsourcing saves time, saves costs and brings highly skilled employees into the business to complete specific projects. And it's true that the best way to manage time is by delegating and outsourcing. You can save time and save yourself from a lot of stress by putting the effort in the front end.
Here are five easy steps to make your outsourcing plan successful:
1. Choose the Right Person
Choosing the lowest bid for a project is tempting. Before you do this, though, make sure this is a person you are ready to work with. They will need to be in contact with you for the duration of the project, so make sure their business practices align with yours. You don't want to have to explain to your customers that you were outsourcing and you didn't know the company's business practices. Save yourself from frustrations and research the new partner.
2. Trust Them and Treat Them as a Partner
When outsourcing, there is a tendency to either micromanage or ignore. If you're used to having control over your company, it's hard to let go and trust someone you don't know to handle crucial parts of your business. By losing direct control over daily operations of a specific process, you can get more control over the rest of the processes that need attention.
Thus, when outsourcing the relationship should be based on trust of mutual competence. So it doesn't hurt to pay more for someone you trust over someone you don't know.
3. Don't Outsource the Core of Your Company
Trust is crucial in outsourcing, but it's likely that someone else will not take care of your company as you will. The employees you hire and groom should handle the core portions of your company. You don't want your risk your business failing and having to start from scratch again.
Choose a partner who knows their role in your business and works with you to entrench themselves into your workflow and company culture, as if you were to build it yourself.
4. Define Work Ownership
For outsourced projects, make it clear who owns the resulting product and the important parts of the product. Ensure the service providers know how you intend to use the work they're agreeing to provide. It's important to have a written agreement, particularly if the work is sensitive.
5. Keep Things Professional
When working with outsourced staff, sometimes you become friends. This is often a huge mistake because it makes it difficult for you to fire them if they're not getting their work done. If someone is not doing their work on time, it's their fault you're firing them, and you shouldn't feel bad about it. In most cases, if you want your business to be successful, separate business and friendship.
Outsourcing is one of the most cost-efficient ways to grow your business. It's how the biggest and most profitable businesses in the world generate the wealth and freedom their owners enjoy.
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