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Outsourcing Tips for Small Businesses & Entrepreneurs 

Outsourcing Tips for Small Businesses & Entrepreneurs

 

 
 
Tags:  business  cost reduction  small business  entrepreneurs  small business help  outsourcing  serviced offices 
Views:  452
Published:  April 18, 2011
 
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Slide 1: February 2011 Executive Offices Group Outsourcing Tips & Information
Slide 2: Contents • • • • • Find The Right Provider For Your Business Make Sure Outsourcing is Justified Measure Your Outsourcing Success Plan to Bring Your Work Back In-House Resources and Links
Slide 3: Outsourcing Tips & Information Find The Right Provider For Your Business • It’s important to find the right service provider for your business • Try looking for recommendations through online services such as LinkedIn and endorsements from previous clients • Suggest an initial face-to-face meeting • Never be rushed into making a decision - remember that you’re the client and you’re in control
Slide 4: Outsourcing Tips & Information Make Sure Outsourcing is Justified • If you’re looking into outsourcing, you’ll have already reached some conclusions in your business process and planning • Your business might need more flexibility in terms of work/time ratio, or need skilled contractors to perform a service/function that can’t be done in-house • Some outsourcing jobs are straightforward can be done with minimum fuss, while other require considerable planning • Whatever your reasons for outsourcing, always make sure you’re doing it to help improve your business and not to gloss over internal issues
Slide 5: Outsourcing Tips & Information Measure Your Outsourcing Success • “There should be financial benefits [to outsourcing], but other reasons for outsourcing are harder to quantify” - BusinessLink.Gov • How do you measure the success of outsourcing without resorting to financial comparisons? This could take a variety of different formats depending on the outsourcing provider • Have some key performance indicators (KPIs) in place to help you evaluate the success of your outsourcing • KPIs don’t need to be complicated - a few simple (but important) ones work best
Slide 6: Outsourcing Tips & Information Plan to Bring Your Work Back In-House • For any number of reasons, at some point your business might wish to bring any or all outsourced processes back in-house • Throughout the life of any project, it’s vital to have everything written down to safeguard yourself and the outsourcing company • This is SLAs (service level agreements) come into play • BusinessLink.Gov makes it known that your SLA should contain a “clear exit strategy” - this will help your business and the outsourcer part company in the smoothest possible way • Make sure your SLA includes the all-important notes about division of responsibilities to make sure that nothing get forgotten or overlooked when the working relationship finishes
Slide 7: Outsourcing Tips & Information Resources and Links • Business Link • Business Wales • Microsoft Business • Nasdaq Outsourcing Tips • Executive Offices Group London Serviced Offices, London Meeting Rooms and London Virtual Offices

   
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