For many growing U.S.-based businesses, outsourcing is a great solution to work faster and more efficiently for less. If you’re new to the concept of outsourcing, or have considered it in the past, you may have encountered some myths about outsourcing and offshore services. Before you let those myths hold you back, read on to find out how outsourcing done right can recoup time and money for your most important initiatives.
Myth #1: It reduces your existing workforce.
Fact: Outsourcing allows for companies to work more efficiently. By investing money saved into their core businesses, many companies grow and continue to hire skilled Americans, while outsourcing repetitive tasks.
Myth #2: It relinquishes control of your business.
Fact: Using an outsourced provider gives you more time to focus on what matters most. By outsourcing menial tasks and non-core functions you can gain better control over the most important initiatives your company is facing.
Myth #3: It will fail due to cultural differences.
Fact: Gone are the days when outsourcing meant navigating through language and culture barriers. The world is more integrated than ever before, minimizing the effect of cultural differences. Also, by choosing a U.S.-based outsourcing provider, businesses have a direct line of communication to an American account manager, heading off any potential conflicts.
Myth #4: It’s a big hassle.
Fact: In the past, outsourcing got a reputation for cumbersome processes and complex execution, but that’s just no longer the case. Outsourcing happens between companies, and ultimately between people. When seeking a provider, look for one with a similar company culture and a focus on partnership. And make sure that they customize the product for each client. Setting expectations for success up front will eliminate re-work later on.
Myth #5: It’s only for huge companies.
Fact: Outsourcing is great for small and medium-sized businesses with smaller businesses standing to gain more while they scale. In fact, SMBs often seek out outsourcing as a way to augment non-core teams to add U.S.-based employees at the strategic level, setting them up to break into higher profit margins.
So there you have it. Choosing to outsource (and who with) can be a big decision, but we hope we’ve made it just a bit easier. Sign up for our newsletter for more articles about outsourcing, management and more.