Smart Resourcing for Growing Businesses

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• Smart Resourcing for Growing Businesses
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• Published by
• https//potentiam.co.uk/outsourcing-pros-and-cons

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In every decision, there is always a need to
analyze things. There are always two sides the
advantages and disadvantages. Probably, one of
the most popular words today is outsourcing.
Outsourcing is the process of contracting with
other companies to do certain jobs for you. Many
business owners, especially the large ones, opt
for outsourcing services. Even so, there are also
outsourcing pros and cons.   There is no denying
that outsourcing has its own list of benefits.
After all, that is the reason why most business
owners do it. Outsourcing can reduce overhead
costs. More workload means more employees. More
employees mean an extension of the workplace or
an increase of wages for the in-house employees
assigned to do the job. The expenditure would be
lesser if you let a third party do the
tasks. Another benefit is the refocusing on the
core activities of the company. As it grows
bigger, more and more tasks and jobs are added
and the company gradually veers away from doing
the core activities properly.
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To solve this problem, outsource those tasks that
are of non-core value so the company can focus on
things which they are supposed to do and what the
company is all about. This allows more
concentration on both core and non-core
activities.   Through outsourcing, you get to
access specialized services. There will always be
tasks that is not of core competency of your
company but there will always be outsourcing
partners who are highly specialized in that
particular business process. Your outsourcing
service can deliver you more proficient service.
The logic is, if you do all the jobs in-house,
you will get the job done but not at its best.
But with outsourcing, lessen your activities and
work in focus of heavier tasks while outsourcers
focus on the lighter ones. As stated, there will
always be outsourcing pros and cons. As much as
outsourcing is an advantage to business owners,
it also brings disadvantages. As stated, there
will always be outsourcing pros and cons. As much
as outsourcing is an advantage to business
owners, it also brings disadvantages.
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 The most obvious disadvantage of outsourcing is
the loss of managerial control. Remember that
when you outsource a task of a single or a whole
department in your office, you give the
management and control to another company. Yes,
you may have a contract, but the management and
control already belongs to another
company.   What keeps companies alive is the
information that they keep. Once you decide to
outsource tasks, the confidentiality of your
information is already at risk. Evaluate first
the outsourcing company you are trying to
contract with. There are companies which function
involves sharing of company data and knowledge.
Make sure that your data is protected and the
contract states any penalty if a leakage
occurs. Another disadvantage is the quality.
Your outsourcing contract is set to have a fixed
price. The only way for the outsourcing company
to increase profit is to decrease expenses.
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As long as they meet the conditions of the
contract, you will pay. This puts the quality of
work at risk. The contract will be very specific
and you will pay extra for changes. Summary Po
tentiam can increase your resources, improve your
productivity and cut your costs all at the same
time. They can offer their clients between
40-70 savings on salaries depending on the type
of position you are looking for.       Visit this
site to learn more https//potentiam.co.uk/outsou
rcing-pros-and-cons