Running a business can be a very complex task, and if your investment is on the line it can also be a nerve-wracking one. Rest assured that by adapting to readily available technology you can make the process much easier on yourself. It’s those tertiary aspects of running a business that can be handled off-site quite effectively and for a lower cost than hiring all in-house services. Some examples include your IT departments, the use of IS software, your finance and accounting groups, and that of your sales force. These are mostly service oriented departments that can work anywhere in the world, and sometimes at a fraction of the traditional costs we have been accustomed too.
Running Tertiary Aspects of Your Business
Some companies are looking towards the internet and online job boards when hiring for financial related tasks. This could involve the daily accounting and book keeping, or perhaps even the full build out of a confidential business plan. With the legal ease of online non-disclosure agreements, the use of online app shares, and having international mobile phones attached to us at all times, we have become location independent. Even if you live abroad, with all the telecommunications options available to you know, there are many ways to make cheap calls to USA and beyond.
Finance and accounting aren’t the only areas to outsource. IT departments are being outsourced to lower cost countries as well. Why pay for additional office space and the build out of offices and cubicles when you have already spent so much on the hardware and software to allow them to work off site. The old mentality that employees need to be watched over in order to perform is simply not a true statement. What better employees to have use your virtual technology than the one’s capable of setting up and training on it themselves.
The same can be said for the software utilized by employees. Most information systems are cloud based at their core, as such, you no longer need to be at your home base in order to access them. In fact, you generally only need to have a wireless internet connection available. For some this means working while on vacation, and for others it simply means they have more options available to them from which to be productive. This can include full ERP systems, point-of-sale systems, or even the management of a virtual workforce.