A central topic on the minds of company owners and managers nationwide is whether to outsource their IT needs or hire someone to handle them internally in order to help with growth and expansion.  Over the years, IT support companies have assisted hundreds of small-to-medium-sized businesses by taking care of their technology services thus allowing individuals in management positions to focus on the core business functions that will lead to better chances of a return on investment.

WHAT ARE SOME REASONS A BUSINESS SHOULD OUTSOURCE?

Outsourcing is often overlooked due to a perception that it is solely in the realm for larger, worldwide companies.  In fact, outsourcing certain business operations to freelancers, technology consultants, or even third-party companies can be a tremendous way to facilitate growth.  Below are some different reasons in which outsourcing can boost growth prospects for startups and existing businesses. 

  • Frees up capital for growth

Saving money is essential to most companies, especially in the early stages. If a business can avoid huge expenditures, then it is able to free up cash to be used and invested elsewhere.  IT outsourcing offers numerous benefits by transforming fixed disbursements into variable or smaller costs.  Concurrently, if a business is in search of funding, investors are drawn more to companies that have cash which will be recycled back into revenue-generating activities.

  • Gives greater flexibility

Many company leaders look at outsourcing as the new business model, one which is being embraced globally across both the private and the public sectors.  It enables an organization to achieve business growth objectives, add value, tap into a resource base, mitigate risk, and focus on what it does best.  For industries which experience seasonal and cyclical fluctuations, outsourcing permits adding extra manpower and resources when required, without committing to employees on an ongoing basis.

  • Access to experts

It has been written that the biggest barrier to growth is surrounding yourself with the right people.  TeamLogicIT Plano has highly skilled technicians with quality expertise in diverse technologies to serve the current and future needs of your business.  Rather than hire an IT person who may not have all the skills required to do the job, you will have access to senior level technicians with a broad base of knowledge and experience who know the latest products, bug fixes, and which technologies to embrace and which to avoid.

  • Focuses on core areas requiring attention

What entrepreneurs eventually learn is that the best way to grow a company is by focusing on the activities that will make it grow.  However, in order to carry this out time and work delegation is needed.  Space to focus on what is critical and people who can take care of the smaller but equally important tasks efficiently.  A great place to start is to take a step back and assess exactly which tasks – although necessary –take up too much precious time or are difficult for the business to perform to a consistently high standard.  By outsourcing, it allows business owners to focus on developing their products and services and pursuing new business leads, thus driving further growth and success. 

  • Saves on overhead

A major consideration for startups and small to medium sized business owners looking to grow their companies is managing their cost base, and ensuring that the business is as streamlined as possible.  Because this is now an era where cloud computing and progressively advanced mobility technology make it possible for IT consulting to happen anytime and anywhere for a business, outsourcing can be very beneficial. 

An outsourced labor force is a remote labor force.  Hiring your own IT person or staff can be time-consuming and costly.  Our experience shows that TeamLogicIT can typically save our customers over 50% of the cost of having in-house IT staff.  Additionally, independent research shows that it can cost as much as $7,500/year to train your own IT person.  We take care of that for businesses so that they don’t need to worry about finding the right tech. Furthermore, companies do not have to pay for office space, salaries, benefits, payroll taxes, and worker’s compensation costs.  Outsourcing saves on overhead.

While outsourcing IT supplemental support services and picking the correct provider does require an initial outlay in terms of time and resource, this investment should be more than repaid through the increased productivity, reduced stress and boosted profits outsourcing can bring, all of which add up to create rapid, sustained business growth.

With TeamLogic IT Plano, we always have you covered.  We help not only with Outsourced IT Services but with all facets of IT support. Contact our website teamlogicitplanotx.com or call us today at (469) 573.3743.

FREQUENTLY ASKED QUESTIONS ABOUT IT OUTSOURCING?

WHAT EXACTLY IS OUTSOURCING?

Outsourcing is the business practice of hiring a third party outside a company to perform services and create goods that traditionally were performed in-house by the company’s own employees and staff. Outsourcing is a practice usually undertaken by companies as a cost-cutting measure.

WHAT QUESTIONS SHOULD MANAGERS THINK ABOUT WHEN CONSIDERING OUTSOURCING?

Areas for managers to think about when considering outsourcing are cost savings, pricing, resources, technology, meeting deadlines, supervision, communication, and trustworthiness.

WHAT ARE THE IMPACTS OF OUTSOURCING?

Outsourcing increases competition. While increased competition is encouraged by free markets and generally benefits consumers, it can hurt businesses that can’t keep up. Outsourcing allows new entrants to industries where labor would have been too expensive otherwise.

By on December 18, 2020   /   Technology