The Roundup: Dec 18, 2004 | ||||||||
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1. Editor's MusingsI'm back! My apologies for the delay in delivering this newsletter. As some may recall, I went on a boat trip around the Antarctic Peninsula. It was truly amazing. Words fail me when I try to describe this amazingly beautiful, remote continent. We saw penguins, orcas, seals, albatrosses, petrols and much more. My only regret is that I didn't take sufficient media for my digital camera. Here's the link:journeys-intl.com/destinations/polar/antarctica/ 2.Article: `Outsourcing and Your Business Copyright © 2004 Kate SmalleyOutsourcing is an established way of doing business today, allowing companies to maximize their budgets and resources and generate better products. Also referred to as subcontracting, outsourcing simply means acquiring a product or service rather than producing it in-house. Outsourcing is suitable for just about any industry. In the administrative field, for instance, a variety of activities can easily be farmed out to a subcontractor, including word processing, data entry, transcribing, research, contact management and event planning. Outsourcing is extremely common practice within human resource (HR) departments. In fact, two-thirds of HR departments outsource at least one activity, according to research by the Bureau of National Affairs, Inc. and the Society for Human Resource Management. The top five outsourced HR activities are employee assistance/counseling, flexible spending account administration, pre-retirement counseling, outplacement services and pension/retirement plan administration. Weighing the Outsourcing Option When deciding whether outsourcing is a viable option, a company should consider all of the issues involved. Should the projects be kept in-house because they’re critical and employees need to know how to do them themselves? Also, does the company have a sourcing plan, staff members to oversee contracts or a philosophy that supports the outsourcing initiative? If it does, outsourcing may be ideal for your business. The bottom line is every business is different and companies should carefully weigh the benefits of outsourcing. Benefits of Outsourcing Many companies that choose to outsource do so because they don’t have or can’t attract the people skills they need. Subcontracting gives them access to a much greater pool of resources. It also enables companies to cut cost by 10 to 30 percent, depending on the industry. They can purchase services on an as-needed basis, instead of maintaining a full-time employee. This allows them to avoid paying employee-related expenses such as salaries, unemployment taxes, paid vacation and sick leave, insurance which results in a lower overhead. In another aspect, outsourcing can help a company focus on its core business, creating a competitive advantage within its industry. Subcontracting also affords the business the chance to get the best job possible from the people it hires. By using a third party supplier, a company has more room to be critical of the kind of services provided. If the work is done in-house, company ties may interfere with the final product. Outsourcing also offers a wide variety of other benefits, including: · Faster setup of the function or service ========================================== Copyright 2004, Kate Smalley Connecticut Secretary Freelance Secretarial and Transcription Services www.connecticutsecretary.com kms@connecticutsecretary.com ================================================ 3. Product Recommendation: *** SBI Annual 2-for-1 Sale! ***It's become an annual event. Buy a SBI site and get one free. Give the second one as a gift to someone, or as a gift to yourself. I own three SBI sites. They are not my main source of income. My writing business pays the rent. My SBI sites paid for the trip to Antarctica. Nuff said. www.nightcats.com/cgi-bin/track/tracker.cgi?sbi4. Internet Sites -- reviewed by June Campbell *** Take a Flight with the Wrights
*** Dover Sampler
*** Santa's Gift Drop
*** Avoid Laptop Theft
5. Freebies and Good Dealsa. Get Free Practical Online Business Tips and Ideas, Internet Marketing Strategies that works and Online Success Guides deliver right to your hand. Power up your Online Business now: IntendedForSuccess.comb Did you know that subscribers to Bob Osgoodby's Free Ezine "Tip of the Day" get a Free Ad for their Business on his Web Page? Subscribe at: adv-marketing.com/business/subscribe2.htm Great Business and Computer Tips - Monday thru Friday Instructions to place your ad are in the Newsletter. c. Receive 250 Business Cards, Absolutely FREE! 6. Joke of the Week: Toy SaleWhile Christmas shopping at a toy store, a young dad joined a long line of shoppers waiting to buy a Mattel doll. He was surprised to see his friend also in line. Since the friend had no daughters, the young dad figured he must like the dolls himself. "I didn't know you were a collector!", he said. "I'm not," the friend replied. "I've never been able to resist a barbie queue!" To subscribe to this newsletter, visit this link. "How to Booklets"-- topics include business proposal writing, business plan writing, brochure writing,an independent contractor's agreement, a sample joint venture agreement and more. Click www.nightcats.com This Ezine is listed in The Free Directory of Ezines |
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