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Business Marketing Ideas - Business startups and ideas
Business How To

What is Outsourcing

People can and do make money outsourcing and hopefully my post will give you an inside look at what is outsourcing, how it really works and what it can do for you.

What is Outsourcing and how can you use it in your business?what is outsourcing

In a nutshell, Outsourcing is hiring workers outside your business to carry out the various tasks you need for your business. Outsourcing is the real key to running an efficient business. Outsourcing is ideal for Internet Marketers, as we have so many projects and ideas running at any given time, and by passing the smaller tasks and projects over, we can free up time and increase our productivity.

Outsourcing can really increase maximum earning potential. By hiring staff / workers, you can streamline your processes and really make sure that every aspect of your business is covered.

If you’re anything like me, the excitement of a new idea can sometimes completely take over existing projects, and you will probably end up with hundreds of micro projects started but not finished.

Outsourcing Tasks

You can Outsource pretty much any aspect of your business.  I have outsourced everything from SEO, Web design, Sales Copy, Data Entry, Graphics, Logo’s, Headers, Banners Articles, and much more… This has helped me focus more on processes, develop my ideas and has given me precious time to really concentrate on the task in hand.

Can having tasks outsourced work for everyone? The simple answer is yes, it can and will definately help you increase your earnings from the point and time you put this method of outsourcing into place.

Is Outsourcing Expensive?

Quite simply, it doesn’t have to be. Outsourcing comes in all different forms and there are many resources on the internet now to help you find the perfect member of staff.  Sites such as fiverr have revolutionised the process of  sourcing workers for hire, and allows you to dip your toes in and try it out for just five dollars. This is the ideal start to outsourcing your business micro tasks and projects, and I can recommmend it as the best starting point for anyone new to having work outsourced.

Important Things to remember

You must remember that you really need to ask yourself ‘what is Outsourcing?’ and ‘what will I use it for?’ using a third party to carry out tasks for you is no different to employing staff, and you need to be aware that you will need to ensure that you are clear and concise as to what each project entails. Note down the main points clearly, and agree the outcome of the task in hand before you agree to hire. Also bear in mind that many outsource workers are offshore, and there may be language barriers, so hire appropriately if written material is being produced.

Don’t forget to check out Outsourcing Services for over 80 resources you can use for your business. I hope you are more familiar with ‘what is Outsourcing?’ and how it can help your online business.

April 17, 2012by Caroline Baxter
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Business Blog

Starting a Business

Are You Starting A Business ?Starting A Business

If you’re thinking of starting a business, you need to read this post.

Quitting the 9-5 is everyone’s dream, and I’m happy to say I quit the 9-5 over 12 years ago. Having said that, I am now busier than ever and have made Internet Marketing my main source of income and success. As an entrepreneur, I have gained experience in the Offline and Online business circuits, and I love sharing my experiences and helping others starting a business get up and off the ground.

Starting a Business Online

With so many ways to make money online, it can seem daunting when you try and business opportunities in 2011 is no exception to that. It’s true, you really can make money online – Internet Marketing is a very lucrative field, but you won’t make a cent without alot of hard work and commitment.

I see lots of people selling ‘fast dollar$’ – ‘Make $478,639 in 3 days’ ‘I made $30,678 in my first month’ ‘make 100,000 in one click’ I can tell you right now, it’s not going to happen. There are thousands of products out there claiming to be the next big thing, promising huge income, showing you the secret to making millions of dollars just by using a piece of software or by clicking your mouse.

Think about it – if you had found a way to make a million in just a few days or even a few months, would you sell that for $47?

Well, this is best business advice you’ll get this year, so read on, or check out my other post here – Top 10 questions to ask yourself when starting a business

How to start a business

The key to starting a successful business online is to Plan.

So many people fail because they don’t see internet marketing as a business. They fail to take notice of the common pitfalls and traps that apply to EVERY business, whether you are running a small store or creating the next technical gadget!

Once you’ve decided to start a business, I would always recommend writing a business plan. It doesn’t have to be a professional 25 page marathon, just a simple what where why and how. Below are things to consider including in your plan for online or offline domination…

 

  • What Market Am I Going Into?
  • Who Are My Customers?
  • Where Can I Find Them
  • Who are my competitors?
  • What can I do better than them?
  • What Am I Going To Sell?
  • How Much Will I Sell At?
  • How Will I Promote?
  • How Much Will I Need To Start Up? (seed money)
  • What Will I Spend My Seed Money On?
  • How much money do I need to make?
  • How long will this take?
  • What are the risks involved?
  • How can I avoid them?

 

Having helped prepare professional business plans for all types of business start ups when I was doing offline business consultancy, I guarantee the points I have listed above will really help you see a light at the end of the tunnel and will also help you stick to your long term plans and goals.

This is just a few of the points you will need to consider when you decide to start a business, and the list is not exhaustive. Sometimes a little cashflow sheet of all the anticipated in’s and out’s of your business is a good idea, especially if you are going to outsource some aspects of the business. There are many free resources online to help you start a business, but I would think that just answering the above questions and writing them down carefully will help you produce a business plan that rocks!

Good luck and please share important points you consider for starting a business below.

April 17, 2012by Caroline Baxter
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