Business Process Outsourcing (BPO)
Now, you have a business, domain name, email addresses, website, e-marketing systems and strategies. Now the ball is on your side. Hit the road, drive visitors to your website and bring those sales. If you have time, this is a piece of cake.
Have you ever heard of business process outsourcing?
Outsourcing is delegating your non-core business functions to professionals and just remaining with your core business function. Your core business is to deliver the product or service. You can hire professionals to handle various business processes. For instance:
- You can hire a marketing consultant or agency to bring business to you
- You can hire a book keeper or accountant to do book keeping for your business
- In case you need to hire a staff, you can also outsource the recruitment services form a HR agency
- You do not need to deliver the product yourself. You can also employ the services of a courier services especially if the clients live in a different geographical area.
- In case of computer hitches, just hire a computer expert to fix it.
- When you feel that you need management advice on the business, feel free to hire a management consultant.
You do not have to struggle with what you do not know; just let the experts handle it. It always seems expensive to hire business process experts but I assure you that the value they bring to the business is far much higher. A good example is if you spend USD 1000 on marketing per month and then it returns sales revenue of USD 20,000. Don’t you think it’s worth it?
All you need to do is have a budget ready for the initiatives that you have and select a competent consultant to deliver. Ensure you set reasonable targets and use it as the basis of hiring the consultant.
If you are interested in hiring a consultant for any of the processes in your business, you can visit the BPO Center