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How To Realistically Set Your Fees - Part 1
We all know there are 52 weeks in a year and 40 working hours in a week. Therefore, we can bill 2080 hours per year, right. Wrong. Too often this is the trap that many new service businesses fall into.
The first step in calculating your...
How to Refinance Your Home
Refinance Your Home - There are several reasons why you should consider
a refinance mortgage on your home loan. When you refinance your home, you can
cut your monthly mortgage payments. In addition, you can tap into your equity,
or your...
Identity Theft - Is your business at risk?
More and more business owners are purchasing document shredders then ever before. Why?... Identity theft for starters. A new law is going into effect in the summer of 2005 which states that if you employ anyone for any reason and have personal...
Real Estate Investors - Remember The Impound Cash
Those new to real estate investing often fail to take action because they don't have much cash. The truth is that the very best investors got their start when they had little or no money. When you start at the bottom you have to work harder and ...
The Secret Science Of Online Shopping
In theory you could create a retail web site with a limitless selection; an online store where every kind of merchandise known to man could be sold. Would people be interested in buying from such a huge enterprise?
Why do people buy online?
...
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How To Use Outsourcing To Beat Your Competition
Outsourcing is when you hire outside professionals or services to take on part of your business workload.You may want to outsource part of your work because you don't have the room, you need an expert, you have periodic busy periods, or you need more production to get orders out on time etc. You could outsource accounting, secretarial tasks , factory help, computer training, web design etc. Below are ways to use outsoursing to beat your competition.
By outsourcing part of your workload you can save time and spend more time concentrating on beating your competition.
-you won't have to take time training new employees
-you won't have to do time consuming tasks like adding on new equipment
-you won't have to learn a new software program or other equipment
-you won't have to interview employee candidates
-you won't have to fill out all the complicated employee paper work like tax forms, scheduling, retirement plans etc.
By outsourcing part of your workload you can save
money and spend more money on marketing or advertising to beat your competition.
-you won't have to buy extra office and other equipment
-you won't have to buy extra office or work space
-you won't have spend money on employee costs like; taxes, medical, vacation time, holidays, workers comp., unemployment costs etc. (these may vary by which country you do business)
There are many other ways outsourcing can help you beat your competition. Here are a few more:
-the extra help can help you complete and deliver orders faster
-you could expand your market share by becoming the middleman and offering your subcontractors services or products
-you could end up getting orders from your subcontractors
-it will allow your business to take on extra or large orders
About the Author
Tony Newton is the editor of the popular website http://www.PleaseThink.com With lots of motivational tips and business advice to help you gain the financial independance you rightfully deserve.
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