Friday, December 26, 2008

What is outsourcing

What is outsourcing? Outsourcing is a company's activity of engaging another organisation to do their business process or part of their business process.

Below are some examples of why outsourcing can be a good decision.

1. More often than not, companies that take on outsourcing projects and jobs already have the facilities and the manpower to do the business process on behalf of their client's companies. This means that the client do not need to buy the necessary facilities and hire the necessary staffs or personnels in order to get the job done. This translates to huge savings for the companies that engage the outsourcers.

2. By outsourcing some of the tasks, companies can focus their business on more important matters. This can ensure that efforts are effectively channeled to make the business more competitive. Instead of being a jack of all trade, companies should focus on their main core business and let some of the other side tasks be managed by experts of these areas.

3. Outsourcing is one way of getting highly-productive manpower in a cheaper rate. Why is that so? This is because the wages of skilled professionals in certain companies are lower than in other countries. This is due to the cost of living being lower in certain countries. This results in skills professionals from certain countries having a lower market rate salary.

4. By outsourcing certain functions and tasks, a company can be able to save a lot of office space. This is because facilities required for these tasks need not be housed within the office.

Tuesday, December 16, 2008

Is Home Business Suitable for You?

A home business is a business that operates inside the home of the business owner. Usually is a small business. Since home business is operating inside a house, the business owner does not stuck in traffic jam everyday to go to office. The business owner runs home business by himself, no workers is needed. He gets all the income and profits gained in a home business. Usually a home business can earn about few thousands or more each month. Is it attracted you to start a home business? No traffic jams, no workers, and high profit, relax at home, more free time to spend with family.

Many websites are promoting different types of home businesses, such as affiliate programs, multi-level marketing (MLM); resell rights of particular products and many more. Some websites are even stating no experience needed, easy to start, guaranteed system, earning more than you expected and other attracting words to attract more prospects. The system is very fantastic and easy, so it attracted many new leads to join. After some time, some people cheer with joys of his success but some fail to gain any profit and yet getting more and more credit card bills. They success because they suitable to run a home business but the others not.

Is Home Business Suitable for You?

A home business is a business that operates inside the home of the business owner. Usually is a small business. Since home business is operating inside a house, the business owner does not stuck in traffic jam everyday to go to office. The business owner runs home business by himself, no workers is needed. He gets all the income and profits gained in a home business. Usually a home business can earn about few thousands or more each month. Is it attracted you to start a home business? No traffic jams, no workers, and high profit, relax at home, more free time to spend with family.

Many websites are promoting different types of home businesses, such as affiliate programs, multi-level marketing (MLM); resell rights of particular products and many more. Some websites are even stating no experience needed, easy to start, guaranteed system, earning more than you expected and other attracting words to attract more prospects. The system is very fantastic and easy, so it attracted many new leads to join. After some time, some people cheer with joys of his success but some fail to gain any profit and yet getting more and more credit card bills. They success because they suitable to run a home business but the others not.

Sunday, December 14, 2008

Customer Service For the New Business Owner

You finally took the plunge and started your new business and no doubt have already realized it is your customers who will determine your success or failure since you seem to spend every waking moment thinking of ways to bring them in. Keeping customers happy and coming back is your number one priority and is absolutely essential to the long-term success of the business. The best way to do this is with outstanding customer service and to get you started, here are some of the best customer service ideas you can use to keep those hard-won customers happy and coming back.

* Respect - Treat everyone with respect. If someone were even considering buying from you, why would you not treat him or her with respect? Customers can spend their money anywhere and if they feel mistreated it will certainly be the last time you hear from them.

* Honesty - Along with respect for your customer comes honesty. Be honest in everything you say or do. This means never promising what you cannot deliver. For example, if you are a contractor and promise someone you will arrive at 9:00 the next morning, make certain you are there when you promised. If you know you cannot make it at that time, why would you ever say you could?

* Over Deliver - Go beyond what you promise. Offer a no hassle - no questions asked policy and mean it. Find ways to offer something for free. For example, if you sell watches, offer free batteries for life. You will not only gain a happy customer, you will be happy too since they will probably buy something else every time they come in for their free battery. Try to come up with ways to offer more than your customer expects such as coupons, free gifts, and faster service.

* Educate - An informed and educated customer is a loyal customer. If you take the time to teach your customers how to properly use whatever it is you sell, you will go a long way towards making yourself indispensable and an expert in the eyes of your customers.

* Complaints - You have surely heard the saying the customer is always right but do you really believe it? You will never "win" an argument with a customer, they will just take their business elsewhere and you will ultimately be on the losing end. The good news here is if handled properly, a complaint can turn a dissatisfied customer into a loyal customer for life.