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[Infographic] Smart Outsourcing for Startups

August 30, 2019 Mimi Torrington

startup Employees using a computer in an office

Looking to gain the competitive edge as a startup. Check out our infographic about why startups should outsource and find out why outsourcing allows you to scale fast.

Smart outsourcing for Startups Infographic

Outsourcing: The Competitive EDGE For STARTUPS

With technology propelling us at ever-increasing speed toward the future-start-ups and incubators are on the rise. But with 90 percent of startups ending in failure, the key isn't the start but the growth. Many new businesses will hit a speed bump that can quickly become a wall if they aren't prepared to scale upward—and fast. So how do you compete?

The answer is OUTSOURCING.

You Can Outsource And Probably Already Do

Most of us already outsource at work. We just don't realize it.

YOU MOST LIKELY USE A THIRD-PARTY FOR:

  • OFFICE SPACE YOU RENT

  • FREELANCE DEVELOPER PROGRAMS

  • YOUR ONLINE PRINTER

  • COFFEE & FOOD SERVICE

  • AND MORE

Likely, you've already moved some aspect of your business to a trusted partner

Outsourcing is the next step to building your business.

Why Choose Outsourcing As a Strategy?

Nineteen percent of startups fail because they run out of cash (FORBES).

Outsourcing save 50-75% on average while:

  • BUILDING A STRONG TEAM

  • ADDING CAPABILITIES

  • ALLOWING LEADERS TO FOCUS ON PRIORITIES

  • ACTUALLY GETTING THINGS DONE

When you have funding, the placement of those funds matters. Getting more done with less is the name of the game.

When Startups Outsource, Onboarding is Key

Fifty-eight percent of businesses fail on their first attempt at outsourcing. If you want to scale successfully and have decided to leverage outsourcing, the work starts on day one.

Do your homework:

  • ASK THE HARD QUESTIONS

  • DETERMINE HOW YOU WILL USE YOUR COST SAVINGS (REINVESTING IN THE BUSINESS

  • YIELDS BIG)

  • PLAN OUT YOUR GOALS

  • FIND THE RIGHT PROVIDER

By planning ahead, looking at the numbers and determining what you want to get out of it, you'll be part of the segment of start-ups that know how to outsource right.

Think 'Partner' When You Think 'Provider' - Why Startups Should Outsource

Who you choose as your BPO provider makes all the difference. Make sure to research fully, vet your choices and get testimonials.

Choose a partner who:

  • PRIORITIZES GETTING AND STAYING IN SYNC WITH YOUR COMPANY'S GOALS

  • ALIGNS WITH COMPANY CULTURE

  • IS FLEXIBLE WITH YOUR APPROACH, DELIVERY AND TECHNOLOGY

  • IS WILLING TO OFFER A PILOT

Outsourcing gives startups and incubators access to the same resources as established industry giants without eating up precious capital. But before you dive in, knowing who you're partnering with is essential.

Find out more about how we can help your startup with our BPO Solutions.

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