Every business owner knows that running a home-based business is like running a marathon. It takes loads of sweat and a hunger;
a desire, to run the race your way. It takes a stubborn streak and stamina. It takes courage and lots of Rolaids.
You take risks other people avoid. You take full control of your life. Your goal: run a successful small office or home based business.
Hello. Call me Phil. Thanks for visiting this website. Allow me to tell you a bit about myself and why the contents of my blog and this website will be
of great value to you. My background, originally in finance and accounting, shifted to information technology (data processing to you "old timers")
during the dot-com boom of the mid 1990s. I was certified by companies like Novell and Microsoft to install and manage small networks. I also achieved
Master certification on the Microsoft Office 2000 products. Since then I have specialized in assisting people in successfully running Small Office or
Home-based Offices (collectively called SOHO). My diverse background in both computer AND financial stuff is especially useful in our Web 2.0
world. Whether you are an owner/manager or a telecommuting employee, running a home-based business can require knowledge about
everything from using an uninterruptible power supply (UPS) and Excel pivot tables to configuring network routers and writing search
engine-optimized web page content. The mission of this website is to collect material that a small business owner/manager can use, come Rain
or Shine. Our topics are about all things SOHO! You have chosen to stand apart from the crowd; you run your own life YOUR way.
We believe our web content WILL help you achieve your goals; to successfully run YOUR home-based business.
Outsourcing in your business
Outsourcing, especially when running a small business, is a normal part of today’s modern economy. Companies and organizations hire services of other companies to do specific works. Not just that, there are a lot of books, articles, literatures and seminars with outsourcing as the topic. Outsourcing garners both positive and negative feedbacks. It has its own advantages and disadvantages. However, most of the time, the advantages or disadvantages depend on the situation.
Pros Of Outsourcing
Outsourcing has been the source of many debates and discussions by both workers and the media especially in developed countries. These kinds of discussions however may only be temporary and may die down in the near future as the perspective of people mature. One way of looking positively at outsourcing is the mere fact that it can help companies and organizations cut cost as well as it can give them the edge over other competing companies. Outsourcing also provides opportunities for other people to showcase their skills and talents in producing high quality products. Basically, the main advantage of outsourcing is in the facet of finance. By outsourcing several functions of a small business/home-based business, operational costs can be cut down. In fact, operational costs can be cut down to as high as fifty percent when outsourcing. Why? First, small businesses can avail of cheaper but nonetheless very efficient labor. Second, since your company does not need to provide training anymore for a specific function, they can remove the budget for training. Another pro of outsourcing is getting better results or output. Remember, you are hiring a person or an organization that specializes in a specific task. These organizations have the knowledge as well as the tools to efficiently do a specific task or job. Focus is also another pro of outsourcing. Instead of the company focusing on non-core functions, they can put all their efforts on the core - the more important aspects of the business. This is because all the non-core functions are already outsourced to other companies.
Cons Of Outsourcing
There are some people who see outsourcing as a disadvantage rather as an advantage but this probably because this idea is quite new especially in newly developed countries. But the truth of the matter is, there are actually several cons in outsourcing. One of the most controversial aspects of outsourcing is trust. When hiring a certain company for their services, you need to be able to trust them that they will do the job as ordered or that they will provide you with very good results. Trust is also needed especially when it comes to confidentiality. A certain hired company may stab you in the back and sell information to some of your company’s competitors. Though these are rare circumstances, they do and can happen.
To Outsource Or Not To Outsource
To outsource or not to outsource: that is the question. Given the facts – the pros and cons of outsourcing, should your home-based business outsource or not. As have been said, this all depends on the situation. If a company has the ability to stand alone by itself since it has all the tasks covered, then there may not be a need to outsource tasks. However, if you think that the company needs to put more effort on the core competencies of the company rather than the non-core aspects, then you may opt to go for outsourcing.
Note: This article was reprinted with either private license rights or permission from the author.
 |
Member/Affiliate/Partner Signup
  Stumble It!
|
Must-Read Articles:
Outsourcing in Your HomeBased Business
This is a necessity and often a source of great profit...
This is a necessity and often a source of great profit...
What Online Advertising means to a small business
The things Mom never told you about this activity...
The things Mom never told you about this activity...
Accounting Terms you need to know
Yet another necessary evil, the Devil is in the details...
Yet another necessary evil, the Devil is in the details...
Accounting Software for a Homebased Business
A necessary evil that can turn into your primary management tool...
A necessary evil that can turn into your primary management tool...
| Get a FREE RunningAHomeBasedBusiness toolbar further down this page or, for more details, click These gifts ARE REALLY free; they DO NOT require you to "signup" with your email address. |
Select either MAGAZINES or DOWNLOADS using the two white buttons below the label.
| Get a FREE RunningAHomeBasedBusiness toolbar further down this page or, for more details, click These gifts ARE REALLY free; they DO NOT require you to "signup" with your email address. |
|
|
Other current news articles about successfully
running a home-based (SOHO) business...
|
Small Business News - The latest small business stories ...
Thu, 11 Mar 2010 18:52:00 GMT Small business news and advice from MSNBC.com. With news from our partners Forbes.com, BusinessWeek and MSNBC’s “Your Business.” |
|
Advocates say minorities losing stimulus work - Small ...
Sat, 13 Mar 2010 22:46:00 GMT Hispanic and black businesses are receiving a disproportionately small number of federal stimulus contracts, creating a rising chorus of demands for the Obama administration to be ... |
|
Comic book startup cashes in on star power - Small ...
Sat, 13 Mar 2010 22:46:00 GMT A small comic book startup is using caricatures of President Barack Obama, Lady Gaga and other big names to drive up sales. |
|
Raises or rebuilding? It’s a tough call - Small ...
Sat, 13 Mar 2010 22:46:00 GMT Business is starting to creep upward at some small companies. But owners who need to rebuild their businesses may not yet be able to give raises to their hard-working employees. |
|
Payroll tax hike hits small businesses - Small business ...
Sat, 13 Mar 2010 22:46:00 GMT Some 35 states were set to boost unemployment taxes on businesses this year, with increases ranging from 2.5 to 600 percent. |
|
A Silver Lining for Small-Business Financing ...
Sat, 13 Mar 2010 22:46:00 GMT Experts say money may be coming back to the market but not at pre-downturn levels. |
|
Small business having a big impact on jobs - Small ...
Wed, 10 Mar 2010 02:11:00 GMT While big business often is seen as a faceless model of corporate efficiency, small businesses stand in for the noble American values of hard work and self-reliance. And to top it ... |
|
Answering service thrives by embracing change - Small ...
Sat, 13 Mar 2010 22:46:00 GMT Against the odds, phone answering services like Answer 1 Communications have learned to thrive by embracing the same technology that once threatened to replace them. |
|
Business on Main
Thu, 11 Mar 2010 21:37:00 GMT Business on Main: Welcome to your community of small-business ideas connected by Sprint. Watch original Cool Runnings and Business Fantasy Camp epsiodes, read expert articles ... |
|
Once opulent kids’ birthdays being scaled back ...
Sat, 13 Mar 2010 22:46:00 GMT Small Business ... Whether it's to boost sagging business or attract customers to a new product, there ... |
Most Recent SOHO Tips Videos
| ||||||||||||||||||||||||||||||||||||||||||||||||||
