Why Small Businesses in Singapore Should Choose Outsourcing

Learn here how outsourcing helps when your small business lacks budget, resources and sufficient number of employees.

The concerns of a small business are not small.

You need employees. You need infrastructure.

Not having these two things proportional to the tasks can risk your business growth.

How will you meet client’s deadline? How will you complete “Mission Critical Project” requiring high level of expertise?

It leads to frustration and chaos when the tasks are not completed or there is a shortage of staff for certain jobs. While you can’t afford to hire more employees or bring in expensive software/hardware, you can think about outsourcing your business operations.

Read Also: Why Businesses in Singapore Are Prone to Cyber Attacks

Outsourcing is a practice of shifting some or all of your business functions to an external, third party vendor. Simply put, you hire some other company to get your tasks done. Outsourcing saves you money and hassles as it eliminates the needs of hiring more employees and making major purchases.

Read below why outsourcing is a real business savior when you are going through the lean time due to limited budget and a fewer resources.

Outsourcing Saves You Money

This is the most obvious and proven benefit of outsourcing.

Outsourcing eliminates labor costs, equipment purchases and hiring/training related expenses.

For example, your tight budget doesn’t allow you to hire an digital marketing  team for your website or someone who can handle your payroll process. The new operations also require you space, PCs, software and tools. On the top of that, training is another obvious hassle to go through.

The solution is simple.

Shift these tasks to an external knowledgeable company.

This way, you can avoid the expenses related to hiring, purchases and above all monthly salary. Outsourcing will just cost the fraction of the expenses related to in-house team and ensure you better quality as well.

Outsourcing your work to nations like India can save you up to 60%!

Access to Expertise

Besides saving you money, outsourcing is an efficient way to access expertise and skills. The outsourced vendors have specific equipment and technical expertise to do your job, thereby ensuring you faster and better quality output.

Time Zone Advantage

There is a difference of time zone between your nation and the country you are outsourcing to. Now this factor has its own advantage. Your outsourced vendor does the work even during your off hours. So you don’t need to worry over your project completion when your employees go home. Assign your critical project to the outsourced vendor and they are likely send you back next morning. As an added bonus, your business operations run 24/7.

Let You Focus on Your Core Business Activities

With outsourcing, you don’t need to worry about those things that distract your focus off critical business tasks.

For example, an outsourced web development company will handle your website, without requiring you to cancel your important meeting or postpone customer support just to look into the issue. They will take care of entire operations, from developing to maintaining, so that you can focus on your business priority.

Read Also: How to Promote Your Business Online in Singapore for Better Productivity?

Efficient Risk Management

Outsourcing lets your share associated risks with your vendor by minimizing your burden. For example, by shifting the task to a knowledgeable vendor, you lower the risk involved in getting the same job done by your in-house staff, which may not have expertise in that field.

Or you can say that outsourced vendor is a specialist who can analyze and manage the risk factors better.

Read Also: 10 Marketing Mistakes Small Businesses in Singapore Must Avoid

Above listed benefits of outsourcing lead to enhanced operations and increased productivity. Make sure to work with a trusted and quality outsourced vendor. You like to choose the one who can handle your business operations efficiently. Therefore, CHECK the following points while hiring an outsourced company…

  • Services and Availability
  • Track Record
  • Testimonials from Current Clients
  • Customer Support
  • Experience
  • Infrastructure and Service Model

If you have any suggestions, please feel free to share in the comment box.

4 Gadgets You Should Gift to Your Kids

These gadgets not only aid your child’s learning, but also ensure you about their safety.

How do gadgets and tech toys affect your kids?

If you are like most parents, your answers just reflect the negatives of technology on the kids. For example, most parents complain that smartphones or gaming consoles distract their kids study. Then, some people must be worried over the shrinking social circle of their kids who are immersed in video games all day long. Their concern can be justified.

But it can’t be denied that gadgets can play vital role in their development, aid them in learning. The key is here to choose the right tech that combines fun and education. Luckily, we have done the homework for you to find such tech tools.

Digital Microscope:

Your little scientist will love it.

And why not as digital microscope is engaging and has far more powerful features than its traditional counterpart.

Digital microscope lets your kids discover the “world” hidden from their naked eyes. They can have a detail view of skin pores or discover the amber clouds forming inside THC crystals. Even digital microscope enables them to view fine scratches on a coin.

Digital Microscope

Generally, a digital microscope can magnify the objects up to 1000 times of their original sizes and is equipped with image sensor and eight super bright white LED lights for capturing detailed images. Plus, it is compatible with PC.

GPS Tracking Smartwatch:

Where are your kids? Have they reached home? Have they lost the way or in trouble?

In such scenarios, a GPS tracking smartwatch gives you a peace of mind. First of all, it lets you track the location of your kids. Secondly, you can call or send them alert. Smartwatches like GizmoPal 2 by LG even send you alert if your kids stray off the route set by you for school and home.

GPS Tracking Smartwatch

Read Also: Tips To Ensure Kid’s Safety On Social Media

Amazon Fire Kids Edition Tablet:

As the name suggests, this device has been especially designed for the kids. Affordable and packed with kids’ friendly content, it comes with a 2 years replacement warranty that covers accidental damage, without asking you any question. Besides, it is equipped with awesome parental controls such as setting usage limits, content access and creating educational goals.

Fire Kids Edition Tablet

As an added bonus, Amazon gives you one year free subscription to TV shows, apps, games and books that are age appropriated.

Electronic Kit:

Electronic kits are a fun way to learn the basics of electricity. Kids can understand the behaviour of the electric current by using circuits, motors and wires available with this kit. It is great for DIY, hobby and school projects. Most electronic kits are easy to use and require just a simple push to connect the components.

Electronic Kit

So these are the gadgets that are educational in nature, but engaging and fun enough to keep the kids coming back to them. If you think our list misses some important gadgets, please comment below to remind us.

How Property Apps are Making Home Buyers Life Easier in Singapore?

From saving you commission to letting you search property at the comfort of your place, property mobile apps are must have for home buyers in Singapore.

Buying a home become stressful if you don’t have the right mode to search.

From finding a broker, checking the location to manage the funds, buying a home is just stressful. The last thing you want to see if you end up with the right property. It’s a home, after all—one of the biggest financial decisions of your life.

This is why many homebuyers in Singapore are using property mobile apps to minimize stress and mad rush from the process. As the name suggests, these apps list houses for sale or rent along with prices, neighborhood and reviews. They have made property search easier, flexible and instant.The popularity of these apps in Singapore is on the rise just like restaurant apps and other essential mobile apps.

Let’s see how real estate mobile apps have made life easier of a homebuyer in Singapore.

1) You Don’t Need to Pay Agent Commissions:

Most people hire a broker or agent to find a property. In Singapore, a property agent usually charges 1-2% of the purchase price of the property. If you are a tenant, you will have to give at least half month rent as a commission to your agent. Needless to say this nominal percentage of purchasing price turns out to be thousands of SG dollars.

Luckily, mobile app is your virtual agent which doesn’t charge commission. Here buyers meet sellers without having to approach a broker. Just explore the property, see the rates, pick the one, pay the visit and finalize it. This way, property mobile apps help you save commissions on your home buying.

2) Search the Property at the Comfort of Your Place:

Mobile app lets you search right home at a right location at the comfort of their place, even when they are on the go. Zillow is a popular mobile app that features 3D tours of the property and locality, cutting down the necessity of actual site visits.

3) Plenty of User’s Reviews and Ratings to Help You Decide:

Generally, a property mobile app features user’s reviews and ratings on the property. By going through their views and experiences, you can have good idea about the locality and quality of the property.

4) Easy to Use and Convenient:

Searching property via mobile app is very simple and convenient.

Just download them on your smartphone and use them whenever you want. Real estate mobile apps like PropertyGuru, 99.Co, and the Edge Property App let the users find and book the property in Singapore within few swipes.

5) Extensive Selection to Choose From:

PropertyGuru gives you access to more than 210,000 properties in Singapore. iProperty has listed 40,000 properties across Singapore. 99.co offers you more than 120,000 properties to choose from.

With a real estate mobile app, you can virtually tour and assesscouples of properties in hours, if not hundreds.

Conclusion:

So this is how real estate mobile apps ease your property search in Singapore. You can easily search the properties anywhere, anytime as soon as you access the app. You don’t need to pay agent commission or waste time driving through town after town to find your dream house.

However, you should visit the actual site to get the real picture of the property once you choose it via a mobile app.