If you are an entrepreneur or you run a small business, it always easy to “just do it” every task needs to be done so you “just do it”. Businesses and people need to value their time and think about PRODUCTIVITY, TIME & COST SAVING.
Covid-19 has increased unemployment and has promoted home working. There has never been a better time to outsource.
Let’s say you have an hourly rate of £25.
You probably don’t get to choose whether to work an extra hour for another £25 or not, but the below examples provides a framework for thinking about outsourcing.
EntrepreneurAnnual salary = £50,000 Hourly rate = £25ph Outsource any job worth less than £25 ph. Assume you can double your productivity at £7ph Productivity increase by 100% Cost increase is only 28% £7ph extra + £25ph / £25ph | A 10 person teamAnnual salary for 1 person = £35,000 Annual salary for 1 VA = £12,000 Assume you need 30% more capacity to work different shifts (3 extra people) An offshore team can save you 60% of your cost . Capacity increase = 30% (3 people) Cost increase = 10% 10 people cost £350K + (£12K x 3) / £350K |
The higher your hourly rate, the higher the hurdle should be for you to perform a task yourself: at the highest levels of earning, there is barely any task you shouldn’t delegate.
Outsourcing is a transformative experience for both employers and workers. We have worked with many entrepreneurs who have been able to change their businesses, and their personal lives, with the freedom they create for themselves by leveraging outsourcing.
The team at Talentboat have been outsourcing, look at cost efficiencies for companies for many years. We know how to build a cost-efficient scalable operating system and teams. We focus on two talent pools, specifically “India & Philippines” not just because it’s cost effective, but also the huge pool of skilled workers ready to work . Our customers are broad and we have an office in the UK & India which can cater for clients globally.
Customers who outsource to Talentboat enjoy cost savings of up to 80% compared to hiring locally. However, before jumping in and selecting an outsourcing solution it’s a good idea to make sure it’s the right choice for your business. We will evaluate your situation and goals and let you know if our Talentboat solution is a good fit. This is a free consultation. We are experts at building cost-effective, efficient and scalable operational teams for businesses wanting to grow fast and effectively, call us or schedule an appointment.
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believe in our service & Care
believe in our service & Care
believe in our service & Care
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