Small businesses often require their employees to wear many hats in terms of the duties that must be performed on a regular basis.
If your business is a “David” competing against the “Goliaths” in your industry, outsourcing your IT requirements can be a significant step that levels the playing field while also lowering the barriers to entry.
* Outsourcing IT enables resources to be focused on competing and generating revenues – Businesses with unlimited resources are few and far between, meaning that most businesses are faced with prioritizing where time and money will be allocated. Outsourcing can free up resources which can then be directed toward revenue generating activities.
* The ability to ramp up projects quickly – In certain circumstances, business opportunities may only be available for a narrow window of time, which can be missed if training in-house staff in advance of ramping up a new project adds costs and delays implementation. These impediments can be eliminated by outsourcing IT to a firm with a broad base of experience and capabilities, resulting projects that start quickly and efficiently.
* Operational efficiencies can lower unit costs – One of the advantages possessed by big companies is the lowering of unit costs due to economies of scale. Small businesses that keep duties such as research, back office work, product development, etc. in-house typically have a larger cost structure which can narrow profit margins and hinder competitive pricing. Outsourcing specific types of IT work can enable small businesses to capitalize on the benefits of economies of scale via their provider.
Many of the advantages which were once the sole province of larger companies are now available to smaller competitors. By strategically outsourcing IT duties, small companies can level the playing field with competitive pricing, faster project development and operational efficiencies that can help the “Davids” of the business world to compete against the “Goliaths”.