Uploaded on Apr 5, 2022
Readout this post and know about offshoring myths stopping you from building a global team.
Offshoring Myths Stopping You from Building a Global Team
Offshoring Myths
Stopping You from
Building a Global Team
Offshoring has been a common practice in the
business world for a long time, but it's something
that has become accessible to smaller businesses in
recent years. There are plenty of passionate views as
to why people think it’s either a great idea, or a
terrible process. We’ve been working with offshore
team members for over 10 years and think that it’s
wonderful! … once you’ve got your processes nailed.
In this blog post, we will draw from our experience
and talk through some of the myths and compare
them to our reality.
• Offshoring is unsafe - This is a common myth that has
been spread around by those who do not understand
the concept of offshoring. By outsourcing to an
offshore company, you can be assured that your data
and information will be safe from hackers as it isn’t
stored in one place. There are many MS office setups
that can help you implementhigher security for your
data.
• Offshoring hurts local jobs - This type of thinking is
old-fashioned and doesn’t consider the global
economy. Offshoring creates jobs as it grows the
economy. It helps business reduce costs and attain
greater disposable income to grow and intern create
more onshore jobs.
• Offshoring is too expensive - This may have been true
in the past, but offshoring has become more
affordable over time. You can now get high-quality
work done at a fraction of the cost. There are several
websites that help you connect with outsourcing
companies. These companies already have the
infrastructure and talent pool set up.
• Offshoring is not scalable - This myth has been used
by some companies to discourage offshoring, but it
really isn’t true. In fact, many outsourcing and
offshoring experts have stated that scaling your
business with a global team can help you grow faster
than ever before.
• Offshore workers are underpaid - This myth is often
used to discourage offshoring, but the truth is that an
average Indian/Philippine worker averages up to
$15/hour while an Australian worker average up to
$30/hour.
• Offshore workers are unqualified - This myth has also
been debunked by experts who have stated that
many offshore companies employ highly educated
and skilled professionals. There are several controls
in place that ensures that the resources have globally
recognised qualification.
• Only big businesses outsource - This myth is also
untrue. Small businesses can outsource and offshore
their work to get the same benefits as large
businesses. There are even dedicated freelance
resources available that are highly cost effective.
• The only aim of outsourcing is to cut costs - You can
outsource to improve your processes, increase your
revenue, and scale your business. For several
business it’s easier to get technical expertise
overseas and it’s a big reason for outsourcing.
• Outsourcing is not meant for small businesses - small
businesses can outsource their work just like large
enterprises. The only difference is that they will have
a smaller team compared to big companies with
dedicated teams focusing on each task individually.
• Outsourcing is only for low-skilled work - This myth
has been debunked by many experts who have
stated that the type of work you outsource depends
on your goals and needs, not the skill level required
to complete a task. For highly technical works
including IT support it is a necessity to outsource.
By debunking these myths, we hope that you will be
encouraged to build your global team. We also
manage a team of offshore bookkeepers that help us
provide excellent service to our portfolio of over 200
businesses Australia-wide. Contact us today for more
information about our outsourced offshore
bookkeeping services.
https://www.ikeep.com.au/
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