The global Business Process Outsourcing (BPO) market has shown remarkable strength in recovering from the impact of the ongoing COVID-19 pandemic. According to Statista, it is expected to reach over USD 298,989 Million by 2021, clocking an 8.3 percent YoY growth rate. Over the last two decades, BPO was seen as a great business model […]
Outsourcing
Here’s How Much Software Development Costs Worldwide
When resources within your business or your country are insufficient to meet your software development needs, then you need to delegate technical functions to offshore, software-development, outsourcing teams. However, in different countries around the world there will be different service fees. For example, the average hourly price for a senior developer in the US starts […]
5 Major Benefits of Outsourcing Tax Prep
Though outsourcing tax preparation isn’t new, many people are still unaware of the major benefits that come with outsourcing their accounting support and tax prep. Many companies and smaller businesses still opt for in-house tax prep, bookkeeping, payroll, and more, but often to their detriment. Even those that opt to use CPAs or local accounting […]
3 Ways to Turn Around Your Marketing Strategy
Have sales stalled, or are you struggling to attract attention online? Competition is fierce, and it can be incredibly difficult to convert leads. If you’re finding it difficult to bring new customers in, or your marketing campaigns are falling flat, here are some tips to help you turn your fortunes around. Analyze your performance continuously […]
A Small Business Guide to Outsourcing
Image source: https://pixabay.com/photos/handshake-hands-laptop-monitor-3382503/ If you own a small business, you may look at it the way a parent looks at a newborn child. It’s fragile, but you need to show lots of love to nurture it. Then again, you only have so much time to pour into growing your business. Some people are barely able […]
Biotechs Are in Demand–5 Ways to Save on Startup Lab Costs
If you’re launching a biotech startup, or if you’re starting a business that will rely on scientific research, you know the startup costs can be enormous. Getting all the equipment, personnel, and other resources you need to run your lab efficiently means collecting millions of dollars, or more, and spending that money wisely. Fortunately, there […]
Are Businesses Looking to Decrease Dependency on China in an Increasingly Troubled Market?
Economists originally predicted that the so called US-China trade war would have little impact on small-to-medium sized businesses. Once a trade deal was in place, they announced everything was over. Nevertheless, a great deal of damage had been done and business owners started to suffer. Almost immediately afterward, the aviation industry was hurt by the […]
4 Key Reasons Ecommerce Companies Use Fulfillment Services
Unless you are Amazon, your business probably struggles with shipping and fulfillment. It is one of the most commonly experienced pressure points for e-commerce businesses—and it is also arguably the most important aspect of the business to get right. If customers don’t receive their products intact and on time, they will go elsewhere. If you […]
5 Important Factors When Choosing a Manufacturer for Your Product
Whenever your business needs something manufactured, whether it’s a final product or an individual prototype, you will need to find a suitable manufacturer. If you’ve never looked for a manufacturer before then the world can be a little overwhelming at first; most people don’t realize just how many different types of manufacturer there are and […]
Types of Outsourcing: How to Choose the Best Solution for Your Business
To stay competitive, more businesses than ever are turning to outsourcing. These businesses know that leveraging one or more types of outsourcing helps them: Execute and innovate faster. From 2016 to 2018, Deloitte saw an increase from 20% to 49% in the number of organizations moving to outsourced providers as they innovate. Source top talent with the right […]
