Offshoring Myths: Busted

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Offshoring Myths Busted
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• Offshoring has been a common practice in the
  business world for a long time, but it's
  something that has become accessible to smaller
  businesses in recent years. There are plenty of
  passionate views as to why people think its
  either a great idea, or a terrible process. Weve
  been working with offshore team members for over
  10 years and think that its wonderful! once
  youve got your processes nailed.
• In this blog post, we will draw from our
  experience and talk through some of the myths and
  compare them to our reality.

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• Offshoring is unsafe - This is a common myth that
  has been spread around by those who do not
  understand the concept of offshoring. By
  outsourcing to an offshore company, you can be
  assured that your data and information will be
  safe from hackers as it isnt stored in one
  place. There are many MS office setups that can
  help you implement higher security for your data.
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• Offshoring hurts local jobs - This type of
  thinking is old-fashioned and doesnt consider
  the global economy. Offshoring creates jobs as it
  grows the economy. It helps business reduce costs
  and attain greater disposable income to grow and
  intern create more onshore jobs. 
• Offshoring is too expensive - This may have been
  true in the past, but offshoring has become more
  affordable over time. You can now get
  high-quality work done at a fraction of the cost.
  There are several websites that help you connect
  with outsourcing companies. These companies
  already have the infrastructure and talent pool
  set up.

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• Offshoring is not scalable - This myth has been
  used by some companies to discourage offshoring,
  but it really isnt true. In fact, many
  outsourcing and offshoring experts have stated
  that scaling your business with a global team can
  help you grow faster than ever before.
• Offshore workers are underpaid - This myth is
  often used to discourage offshoring, but the
  truth is that an average Indian/Philippine worker
  averages up to 15/hour while an Australian
  worker average up to 30/hour.

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• Offshore workers are unqualified - This myth has
  also been debunked by experts who have stated
  that many offshore companies employ highly
  educated and skilled professionals. There are
  several controls in place that ensures that the
  resources have globally recognised
  qualification. 
• Only big businesses outsource - This myth is also
  untrue. Small businesses can outsource and
  offshore their work to get the same benefits as
  large businesses. There are even dedicated
  freelance resources available that are highly
  cost effective. 

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• The only aim of outsourcing is to cut costs - You
  can outsource to improve your processes, increase
  your revenue, and scale your business. For
  several business its easier to get technical
  expertise overseas and its a big reason for
  outsourcing. 
• Outsourcing is not meant for small businesses -
  small businesses can outsource their work just
  like large enterprises. The only difference is
  that they will have a smaller team compared to
  big companies with dedicated teams focusing on
  each task individually.

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• Outsourcing is only for low-skilled work - This
  myth has been debunked by many experts who have
  stated that the type of work you outsource
  depends on your goals and needs, not the skill
  level required to complete a task. For highly
  technical works including IT support it is a
  necessity to outsource.
• By debunking these myths, we hope that you will
  be encouraged to build your global team. We also
  manage a team of offshore bookkeepers that help
  us provide excellent service to our portfolio of
  over 200 businesses Australia-wide. Contact us
  today for more information about our outsourced
  offshore bookkeeping services.