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Outsourcing can take some of the load off entrepreneurs, but it can also provide small businesses with help where it’s most needed in a flexible way, helping with budgeting and planning.Here are Executive Offices Group's top outsourcing tips for small businesses, with a focus on cost reduction and help on a range of other topics.http://www.executiveoffices.co.uk/
Citation preview
February 2011
Executive Offices GroupOutsourcing Tips & Information
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
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
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
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
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
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