Businesses abroad that are outsourcing to the Philippines are enjoying the benefits of their partnership with the country. These businesses, be it big or small, attest to the fact that outsourcing really helps them with their budget, recruitment, and flexibility.
Nevertheless, if you are interested in outsourcing your services to the Philippines, here is a beginner’s guide on how you can do so.
- Research. It is essential that in every business you engage in, research is your basis for everything. This is all the more important when you’re thinking of partnering with vendors for outsourcing. Know the companies that outsource, the vendors that offer outsourcing, pricing, your market, and most especially what your competitors are doing. In addition, you need to know the essential details to look out for in outsourcing agreements, i.e., terms, confidentiality, liabilities, etc. How are you going to negotiate a partnership contract if you don’t have data? Research should always be the key.
- Create lists. Have a list of everything you need to do and organize them by category, from your tools and software down to staffing and tasks. In delegating tasks, make sure that work and responsibilities are already organized based on who does what for both your onshore and offshore employees. In addition, you must also take into consideration that not all operational and back office tasks are to be outsourced. You might as well make another list about that, so you’ll know which services should be kept internally.
- Know how long it takes to get work done. With outsourcing, you can be flexible in managing tasks and projects based on your labor resources. In relation to recruitment, outsourcing lets you decide whether you need to hire full-time staff or part-time and project-based staff depending on your needs.
- Set your budget and track expenses. If you think that it’s feasible for your business to outsource in the next few months (or years), then all you need to do is look at your funds and set a budget for it. It’s important for companies to keep their businesses going by managing their funds well. Most startups receive an influx of funding from investors, and it’s only wise to allocate a budget for essential expenses in the operation of the business. You don’t want to spend too much on non-essential expenses or spend too little on things that are important to support the growth of the business.
- Get a quote. We are down to our last step, and that is requesting for a quote from outsourcing firms in the Philippines. Don’t settle for one vendor. Get several quotes from different vendors to compare costs and services offered. Break down all of your requirements and ensure that your information is not misleading. You wouldn’t want any of your information to be misunderstood, would you? It’s best if you keep things simple.
With these steps, do you think you’re ready to start outsourcing to the Philippines? If you think so, then that’s great! Remember, it’s always a trial-and-error case when you venture into something new. Nonetheless, when problems arise, you can always review and change your approach (or change your vendor).