{"id":4641,"date":"2022-04-28T10:14:50","date_gmt":"2022-04-28T10:14:50","guid":{"rendered":"https:\/\/businessner.com\/?p=4641"},"modified":"2022-04-28T10:14:50","modified_gmt":"2022-04-28T10:14:50","slug":"why-outsourcing-is-the-perfect-solution-for-high-growth-start-ups","status":"publish","type":"post","link":"https:\/\/businessner.com\/why-outsourcing-is-the-perfect-solution-for-high-growth-start-ups\/","title":{"rendered":"Why Outsourcing is the Perfect Solution for High Growth Start-ups"},"content":{"rendered":"
Did you know that a staggering 90% of all start-ups fail, usually during the first five years of business?<\/p>\n
High-growth start-ups aim to be scalable, or in other words, to maintain considerable long-term growth under an ever-increasing (and usually overwhelming) amount of workload.<\/p>\n
This kind of tempo is hard to keep up with for a long time without it leading to inevitable burnout. Why? Well, because start-ups tend to want to do everything by themselves.<\/p>\n
Here’s the thing, though: you don’t have to do everything on your own.<\/p>\n
Outsourcing an expert third-party company to take care of your non-core business processes can drastically reduce your operating costs and allow you to focus on processes that are your main revenue source, among other things.<\/p>\n
So, what makes outsourcing a perfect solution for your start-up? Let’s take a look at a few reasons:<\/p>\n
If you’re running a start-up, you likely don’t have enough finances to hire separate people to take care of your accounting, HR, customer support, legal and other matters. It’s understandable that you want to redirect all of your resources into your main, more-pressing processes.<\/p>\n
By outsourcing these sectors, you can save money on employee training, tech support, employee benefits and office space.<\/p>\n
Start-up ecosystems are known to be stressful. Most often, the reason for this is the lack of an established hierarchy system and employees being assigned tasks they don’t really enjoy.<\/p>\n
Unsatisfactory working conditions lead to a higher employee turnover, which can get quite costly for a start-up.<\/p>\n
Did you know that replacing even hourly employees can cost your business thousands of dollars?<\/p>\n
As it is getting increasingly hard to find and retain a good employee, you might want to consider recruiting through outsourcing.<\/p>\n
Another thing that can make running a start-up really pricey, really fast, is having to invest in technology, equipment, software, information security and factors alike.<\/p>\n