Outsourcing works very well for businesses because it takes a lot off their shoulders. If you have not tapped on it, you probably should soon! Alibaba, Google, Slack, WhatsApp and many other big guys outsource their work and grow their business at the same time.
Is the scenario above familiar in your everyday work life? Does your business have a lean team that aims to pursue every potential opportunity?
Eventually, your team will be unable to focus on growing the business as non-important functions vie for time and demand skillsets your team may lack.
How then can businesses improve and achieve more?
To outsource or not, that is the question
With the benefits to gain from outsourcing, nobody can blame you for treating it as a business cure-all. After all, what better (or appealing) solution is there than having someone to handle your challenges? However, understanding when to outsource is the first step to gaining a competitive advantage with it.
Here's some guideline to help you decide when you should outsource to a freelancer (i.e. when you want the effortless way of getting results):
Like many of us, you're probably managing several projects at once (some of them could be your scope of work) and still saying 'yes' to your boss or client. (I can really empathise.) It's part and parcel of every job.
Did you know that it takes an average of 29 days to hire someone through referral and an average of 55 days through a career site? Not to mention the time spent on administrative HR work and the long interview process.
What if you need someone to come in faster? Time is money in business, so what is the solution?
On 6 September 2018 at the Marina Bay Sands Expo and Convention Centre, over 500 attendees from various SMEs and industries gathered for the first gig economy conference in Singapore, The Future of Work, to learn how to navigate the evolving business landscape and tap onto the new world of work - the gig economy.
Join hundreds of like-minded people to learn and share best practices about the Gig Economy.
We have invited amazing expert-led guest speakers to inspire you on how you can do things differently and grow your business in a whole new way.
The growth of homegrown small and medium-sized enterprises (SMEs) and startups is a trend that will only stoke the local economy and ignite the talent pool.