Offshoring for Mid-sized Businesses
In our section on Small Business services, we explained how many small and medium-sized companies typically do not think about offshore outsourcing when they are looking for an effective way of reducing their costs and maximizing their growth. MicroSourcing aims to make sure that small and medium-sized businesses understand the advantages of offshoring and we want these businesses to realize that it is easy to establish an offshore operation and that you do not have to be a large multinational corporation to do so. The benefits of offshoring for mid-sized companies are the same as those for small businesses and mostly revolve around maximizing growth, minimizing costs, and avoiding long-term risk:
- Cost Savings - Offshore outsourcing is an effective way of cutting your operational costs down by as much as 70%.
- No Capex - Offshore outsourcing enables you to operate and expand rapidly without the need for any capital expenditures.
- Risk Mitigation - Offshore outsourcing enables you to enter into flexible agreements where you can ramp up or shut down on a short-term notice and without any termination costs.
MicroSourcing strongly believes in the small and medium-sized business segment and we feel that this is a widely untapped market segment for offshore outsourcing services. We offer a number of delivery models that are ideally suited for mid-sized businesses:
Delivery Models for Mid-sized Businesses
We have project teams that can take on small projects on a short-term notice and at very cost-effective rates. Using our project outsourcing services, you could have us create your logo, redesign your website, clean up your database or any other task that can be executed by a project team.
Our staff leasing services enable you to have your own staff in the Philippines. You can personally handpick who you want in your offshore team and these employees will work for you full-time and exclusively. Offshore staff leasing is a highly cost-effective and flexible way of adding talent to your business.
Our Virtual Captive services enable you to establish your own custom-built offshore operation in the Philippines consisting of your own dedicated office space, workflow infrastructure, and talent all operating from within MicroSourcing but still very much in your own control.
MicroSourcing has served hundreds of clients in the small and medium-business segment. A typical engagement with a medium-sized firm might start out with a short trial or proof of concept period. From there, they may use our offshore staff leasing services to establish a small offshore team. This team will quickly prove how easy and effective it is to work with offshore resources and how much money can be saved when compared to staffing locally. From there, our clients will typically move more and more business processes to their offshore team, sometimes to the point where their offshore team is handling most of the day-to-day workflow processes of their business. At some point, the client may then want to further grow and customize their offshore operation to the point where it becomes a virtual captive. This may include their own dedicated custom-built office space and an increasing involvement in the day-to-day operations management of the offshore team. We have seen engagements grow from 1 full-time employee to 50 or more in a matter of months. As our mid-sized clients grow, so do their offshore operations which brings them into the large business segment. We will look at our services for large businesses in the next section.