As commerce progresses, it is quite interesting to see how both SME’s and even International brands choose to hire ‘external consultants’ to complete relevant business tasks. Outsourcing is not a process or word that is looked down upon anymore. In fact, over time, entrepreneurs and businessmen have actually realized that outsourcing is more beneficial than hiring full-time employees for certain tasks. Outsourcing today is not restricted to just a few domains; managers hire external consultants or freelancers for a wide range of tasks. Here are a few reasons why outsourcing is not a bad thing now,
Who doesn’t want to save on costs? Every business manager and owner would first look at his costing before plunging into a new activity or hiring someone. Many a times, what happens is that you hire employees only to realize you pay them for the entire month, but don’t utilize their skills or time all through the month. This is not the case for everyone who works for you, of course. If you need someone to help you with your marketing or communication strategy for instance, hiring a consultant and paying them for the work they do as opposed to keeping someone on the payroll would be more cost-effective and beneficial. Why? Because you won’t need a new brochure every day or a new webpage every day!
When you hire a consultant, since you are going to pay for the actual work being done, your business tasks become more streamlined. You will jot down what needs to be done by your in-house team and put in place objectives for your external consultant too with a deadline. This will help coordinate the activities and accomplish tasks in a more organized manner.
When you outsource some activity to a consultant, you end up hiring better talent because the consultant is experienced in his or her field. It would cost a bomb to keep them on your payroll but by outsourcing, you get the best of worlds, good talent and specialisation at lower costs.