Outsourcing as a way to boost Your Income

Andy Charters
.
August 18, 2023
IT Outsourcing

In today’s economic climate, it is more important than ever to strive to make your company more cost efficient, minimizing costs and thus maximizing profits. Outsourcing a lot of your work is a very good way to boost your income.

First off, you can severely reduce your outgoings by turning fixed costs into variable ones. Overheads, office space rental, employee wages and benefits, and any other costs of running a business, can be managed more effectively by outsourcing since you are then, to all intents and purposes, using a pay-as-you-go system.

If your workload is at a high volume and the sales or money coming in at any particular time warrant it or demand it, then you can spend more money on running the business. Basically, when you’re busy then you employ more people, and when you’re not you don’t, it’s that simple.  And when you don’t need the workforce, you also don’t need to pay for the extra office space, electricity, or any other cost involved in running a separate department.

This means that you can save money at the right times and spend it when it is needed, and some outsource companies will even include set quotas in the deal, which means that not achieving them results in lower costs for you. It also means that you can, in effect, have ‘sleeper’ departments that you only have to employ as and when you need them. No point in paying a research department during a time when you don’t need to do any research.

Efficiency is significantly increased by outsourcing some of the business since the company can concentrate on the parts which are in that company’s area of expertise, and which are the most important. For example, if you are a manufacturing company, you can concentrate all your resources on the actual manufacturing of the product and not waste valuable assets or time on things like sales, or market research. This allows you to strive for quality in the right fields, giving your customers more assurances.

One of those fields where the company can now concentrate on is employee development and improvement. Salary increases, benefits, bonuses, better investment on employees, due to the fact that you now have a smaller and more focused internal workforce, will lead to a better work environment which will lead to a more efficient workforce, better product, and more cost-effective economies of scale. This attracts customers and investors.

Finally, outsourcing is most important when it comes to small businesses since it offers you the chance to boost your income. You are effectively employing a huge workforce, but without having to run a huge corporation, offering the same services and to the same standard as the big companies, but without having to take on their huge overheads. Employing outsource companies eliminates the risks a smaller company has to take by utilizing the experience of specialists in each particular field.

Outsourcing is a great way to boost your income since it allows you to streamline your costs, paying for top-notch expertise and experience, but only paying for it when you need it. All the advantages without the drawbacks. Or the costs.

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Cloud Employee, is a UK-owned Philippines business established 8 years ago. We connect high-performing software engineer talent in the Philippines with some of the world’s leading and most innovative tech companies. Developers join to work from the Philippines as part of international engineering teams and grow their CV and skill-set.We pride ourselves on being a supportive and cutting-edge workplace that continuously invests in staff development, engagement, and well-being. We provide security, and career paths, along with individual training programs and mentoring.

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Cloud Employee is a fast-growing UK-managed offshore recruitment and staffing company in the Philippines. We tackle the growing global IT skills shortage by connecting tech companies based in Europe, the US, and Australia to our pool of expert software developers in the country.

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Lead/Senior Frontend Developer (UI/UX) - Brazil

Cloud Employee is a UK-owned business established eight years ago. We connect high-performing software engineer talent worldwide with some of the world’s leading and most innovative tech companies. Developers join to work from the Philippines and Brazil as part of international engineering teams and grow their CV and skill-set.

We pride ourselves on being a supportive and cutting edge workplace that continuously invests in staff development, engagement, and well-being. We provide security, career paths, individual training programs, and mentoring.

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Remotely
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Marketing Specialists

Cloud Employee, is a UK-owned Philippines business established 8 years ago. We connect high-performing software engineer talent in the Philippines with some of the world’s leading and most innovative tech companies. Developers join to work from the Philippines as part of international engineer teams and grow their CV and skill-set.

We pride ourselves on being supportive and cutting-edge work that continuously invests in staff development, engagement and well-being. We provide security, and career paths, along with individual training programs and mentoring.

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Remotely
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Full Time
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Backend Developer (Python)

Cloud Employee, is a UK-owned Philippines business established 8 years ago. We connect high-performing software engineer talent in the Philippines with some of the world’s leading and most innovative tech companies. Developers join to work from the Philippines as part of international engineer teams and grow their CV and skill-set.

We pride ourselves on being supportive and cutting-edge work that continuously invests in staff development, engagement and well-being. We provide security, and career paths, along with individual training programs and mentoring.

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Remotely
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Full Time
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Senior Full-Stack PHP Developer

Cloud Employee is a UK-owned Philippines business established 8 years ago. We connect high-performing software engineer talent in the Philippines with some of the world’s leading and most innovative tech companies. Developers join to work from the Philippines as part of international engineering teams and grow their CV and skill-set.

We pride ourselves on being a supportive and cutting-edge workplace that continuously invests in staff development, engagement, and well-being. We provide security, and career paths, along with individual training programs and mentoring.

POST DATE
January 2, 2024
WORK LOCATION
Remotely
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Full Time
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Outsourcing as a way to boost Your Income

February 16, 2024

In today’s economic climate, it is more important than ever to strive to make your company more cost efficient, minimizing costs and thus maximizing profits. Outsourcing a lot of your work is a very good way to boost your income.

First off, you can severely reduce your outgoings by turning fixed costs into variable ones. Overheads, office space rental, employee wages and benefits, and any other costs of running a business, can be managed more effectively by outsourcing since you are then, to all intents and purposes, using a pay-as-you-go system.

If your workload is at a high volume and the sales or money coming in at any particular time warrant it or demand it, then you can spend more money on running the business. Basically, when you’re busy then you employ more people, and when you’re not you don’t, it’s that simple.  And when you don’t need the workforce, you also don’t need to pay for the extra office space, electricity, or any other cost involved in running a separate department.

This means that you can save money at the right times and spend it when it is needed, and some outsource companies will even include set quotas in the deal, which means that not achieving them results in lower costs for you. It also means that you can, in effect, have ‘sleeper’ departments that you only have to employ as and when you need them. No point in paying a research department during a time when you don’t need to do any research.

Efficiency is significantly increased by outsourcing some of the business since the company can concentrate on the parts which are in that company’s area of expertise, and which are the most important. For example, if you are a manufacturing company, you can concentrate all your resources on the actual manufacturing of the product and not waste valuable assets or time on things like sales, or market research. This allows you to strive for quality in the right fields, giving your customers more assurances.

One of those fields where the company can now concentrate on is employee development and improvement. Salary increases, benefits, bonuses, better investment on employees, due to the fact that you now have a smaller and more focused internal workforce, will lead to a better work environment which will lead to a more efficient workforce, better product, and more cost-effective economies of scale. This attracts customers and investors.

Finally, outsourcing is most important when it comes to small businesses since it offers you the chance to boost your income. You are effectively employing a huge workforce, but without having to run a huge corporation, offering the same services and to the same standard as the big companies, but without having to take on their huge overheads. Employing outsource companies eliminates the risks a smaller company has to take by utilizing the experience of specialists in each particular field.

Outsourcing is a great way to boost your income since it allows you to streamline your costs, paying for top-notch expertise and experience, but only paying for it when you need it. All the advantages without the drawbacks. Or the costs.

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