How do I go about outsourcing when we cannot handle the work in-house anymore?
I am in the start up phase of a web link for business. I am able to handle the production right now but once it gets to a point where I cannot do it in house, how do I outsource and trust the people to handle the volume?
Outsourcing is convenient. Companies that work in this niche have their working processes established and adjusted to be as efficient as possible. So, you’ll be able to keep your hand on the pulse of the development progress—you will get daily reports from the project manager or business analyst and weekly reports from the development team on what’s already done and what’s going to be done.
These 6 steps towards successful outsourcing may help you: https://4tifier.com/key-benefits-of-outsourcing-insurtech-software-development-cost-savings-and-more/
Well, it is quite a difficult question. But I think that there are a few different ways to run your business. You should always stay on, you should stay in touch and keep up. The business world is changing very fast and perhaps there are ways that can help you now. I could only recommend that https://igniteoutsourcing.com/ brand new resources. Guys are really effective when your problem concerns time management and outscoring, HR and all those things. Try to make a call.
From my own experience I can recommend you to outsource the tasks to non-US developers. To Ukrainian or Romanian developers for example. When I was looking for the team of sofware developers, I realized that finding talented programmers who could fit right into my team and share the same corporate culture and values was very complicated. I was lucky to find this article https://diceus.com/ukrainian-developers-second-best/ , so I decided to try my luck and hire the Ukrainian developers. The software is still in the process of elaboration but it promises to be exactly what I've initially expected. When it's up and running, I will let you know about my experience.
Join a networking group. I was in BNI (bni.com) a few years back and it was really helpful. You build relationships when networking, which builds that firm foundation you're looking for in business longevity. Good luck!
The biggest myth about outsourcing is not cost but the kind of extra overhead you need to take to ensure work gets done. It actually adds more on your plate than it takes away. So be very careful. Best way to go is to get into a true 'partnership' where you can share risks and rewards.
I think the 2 most important things are to:
(1) Look at their track record to be sure they have successfully done what they claim they will do for you.
(2) Understand how they make their money and whether their business goals align with yours.
If they're paid by the hour, you're incentivizing them to work slowly/inefficiently.
Being paid-for-performance is better because they'll make money when you make money.
The best arrangement by far, however, is when they are paid-for-performance AND they contribute to the costs of the marketing activities they recommend (e.g., advertising, direct mail, etc.). In this case, you are motivating them to grow your sales AND the cost contribution motivates them to do so cost-effectively.
While outsourcers with this business model are harder to find, it's worth the effort.
Well firstly you will likely get inundated via email of many...many outsourcing companies offering lots of personalized engineering support. Only use those that you can find a personal reference.
You may also consider looking for industry partnership's with vendors who have some form of interoperability with your products and there is a benefit to creating strategic program. If you deal with a company that fits this extremely well then there may be opportunity for acquisition later. Ensure your legal position around IP is solid.
Hey MaryAnne you're one smart cookie. This is exactly the right time to think & plan to build your team - BEFORE you need it.
You want to answer two questions to start. It's easy to over complicate this so these are basic questions:
1. What repetitive projects do I have?
2. Who else can do this?
Here's what I recommend my clients do. Fold a piece of paper into quarters so you have 4 boxes. Label each box from left to right: daily, weekly, monthly and quarterly.
Starting with daily take 45 seconds and write down everything you do including marketing. Do the same for each box. Then, mark the top 3 priorities in each list, meaning these things generate revenue.
Viola you just created your outsourcing list. of course it has to be refined but you're in your way. Hope that helps!
Firstly, I would like to congratulate to enter your foot in the entrepreneurship.
Mary, Outsourcing is really a good option to start when you do not have enough budget to hire more employees. As you are new in the field, you might be skeptical about picking right agency to outsource.
While looking for the same, you may check their reviews and ratings from their previous clients via their outsourcing services page as FATbit Technologies does here: http://www.fatbit.com/website-design-company/outsourcing-services.html
You can check their guidelines about outsourcing work to FATbit + their previous clients reviews. This will help you in deciding if the agency is going to be the right option for you to start with :)