As the owner of a small- to medium-sized business, you may already considering outsourcing as part of your strategy for growing your business. One form of outsourcing you may be seriously considering is staff leasing, which has become increasingly popular in recent years. This strategy is somewhat of a cross between outsourcing and keeping things in-house because the leased employees work exclusively for you, though they work in an offsite location. There are several reasons why this form of outsourcing can be ideal for small- to medium-sized businesses like yours.
Staff Leasing Benefits for Small- to Medium-sized Businesses
Among the best reasons for small business owners to lease some of their staff are:
1. Focus – Most small business owners are pretty hands-on when it comes to running their business, but that doesn’t have to mean you should do everything yourself. In fact, it would ultimately be best for your business if you focused on the core aspects – the things you know best. This can be achieved either by hiring an in-house team to handle the non-core processes that are necessary for the smooth operation of your business or by leasing a team for this purpose. Later we will discuss why leasing is often deemed the better option.
2. Productivity – When you get the opportunity to focus on the things you do best and your employees (both in-house and outsourced) also get to do the same, you can expect the entire team to become significantly more productive. After all, you’re all able to focus your energies on the things you know you do very well and you’re not burdened with responsibilities that may not really be your strong point. Such focus will also enhance the sense of professionalism in your organization, since every member of the team knows exactly what he or she is doing.
3. Savings – Now, this is perhaps the number one reason why many business owners choose to lease staff rather than hire an in-house team if they want to focus on the core of their business. You see, keeping an in-house team requires you to provide office space, equipment, materials, and of course, salaries and bonuses. When you lease, you get to save on the overhead expenses and either save the money for rainy days or spend it on other important business-related expenses. You can save even more by leasing employees from an offshore location, particularly countries where the cost of labor is relatively low, but the quality of the workforce is high.
These are the three most significant reasons why staff leasing is deemed a viable solution for small- to medium-sized businesses. Of course, you’ll have to weigh your circumstances carefully and take some specific factors into account to determine if this solution is also viable for your business or not. Should you decide to take advantage of this form of outsourcing, don’t forget to go through a careful screening process to make sure you hire the right outsourcing company.