Tips to Choose ‘Offshore Partners’

“I want to fulfill my customer expectations, beat the competition, and stay ahead in the game of development (which is changing at a fast pace).” – Isn’t that what every entrepreneur craves for a successful business?

Honestly, we couldn’t think of anything more important than this for any entrepreneur.

Customer satisfaction and staying ahead of your competition is what tops the priority list of every business. And, when that’s not successfully achieved, you feel let down – either by your in-house development team or the lack of understanding of the market.

Also, like any entrepreneur, you might even fear changing your IT team since that is a time and effort-consuming chore – a tiring process that might take weeks or even months to select the right development team for your firm.

Conversely, Offshoring Partner can make your life more hassle-free.

• An offshoring partner is your reliable, trustworthy, and highly dependable team, residing outside your company, responsible for deploying services as and when required.

Why Hire a Development offshoring Partner Smartly?

• For the sake of having peace of mind that the experts are handling your project.

• For ensuring access to advanced skill sets (which your in-house team) might lack.

• To ensure you are not tailoring your project to fit the existing skillset in your firm.

• To ensure the right and modern tools and technologies are applied to your project.

• Lastly, to enjoy enough time to focus peacefully on your core business operations.

Being an entrepreneur, you need peace of mind that all your development-related critical tasks are handled smoothly. Also, your core operation, i.e., focusing on expanding your business, is fulfilled.

These were just a few -more like general yet critical reasons- why an offshoring partner for your firm is a must.

Now, some other benefits, which will give you the confidence to do so.

Am I Going To Enjoy Any Benefit If I Hire an offshoring Partner?

Of course! You will. And, there is barely any reason why you should not go for it.

1. Cut Down the Risk, Be Responsive

You know how fluctuating this market is. And, to stay relevant, you need to be responsive – no matter what sort of risks come through.

Just take the COVID-19 pandemic, for instance. Did it force you to be more responsive, more relevant to the situation? Of course, it did. You were forced to change.

In such situations, rather than messing up with what you don’t know, it is better to switch to offshored partners who are proficient in meeting tight deadlines, adapting to change, and delivering outcomes based on market trends.

We believe that would be a more ‘sorted out’ approach. What do you think?

2. Fulfills ‘Quick Project Delivery’ Needs

Just imagine why you would go for extra help – when you have an in-house team?

There are multiple reasons; however, the most prominent one is to fulfill your projects much faster. And, making the right talent do that is just like the cherry on the cake.

Right Talent + Quick Quality Delivery = More Sorted Out Business

Also, let’s suppose your in-house team already has tons of projects to manage. And you need extra help for your business. Isn’t it a good idea to already own a team of experts who can save you from those emergencies at any moment?

We think it is; your business needs a pool of talented people. An offshoring partner can seem to play that role seamlessly.

3. Save Cost, Invest in Core Operations

You only realize how much you save when you have tried working with your offshoring partner.

• First, you get access to specialized experience.

• And, second, you don’t have to worry about the fixed costs.

Unlike an in-house development team, your offshoring partner would not ask for a fixed amount. Instead, it would depend on several other factors like the project’s complexity, deadlines, and the number of tasks involved.

It could even be fixed, but you need to discuss it with them before finalizing someone for your business for a particular project.

Also, how can we not talk about the training costs, which are totally absent here? Even consider the infrastructure cost that saves you a lot in this case.

However, one thing is confirmed: you get access to talented experts, highly skilled professionals, and someone who will not let you down. Plus, you get more funds to invest in your business.

“That Sounds Quite Helpful for My Business – But How Should I Find Someone Who Fits My Business Requirements?” You Would Ask!

We understand your concern! Especially with the access to talent nationwide, it can seem challenging to begin.

Don’t worry! Every entrepreneur feels that way. However, you might mostly be fearful about those ‘what if’ scenarios rolling in your head (which we are going to sort in a moment).

How to Rightly Select the Best offshoring Partner?

Mostly, most of them will have their well-designed sites ready. It is an excellent way to know about their previous clients and projects handled. But, we do not suggest entirely relying on that alone.

You need to understand a few other critical factors too, which are:

1. Be Crystal Clear About Your Business Requirements

Make a note of almost every critical point before reaching out to your would-be offshoring partner.

Ask yourself, ‘Am I absolutely clear about what I want from them?’ and once you know what you want, proceed with the process.

You will even need to clearly define the skills you want for your business processes, whether technical, general, or any other.

It would be better if thorough documentation for everything needed is prepared. In addition, it would help avoid any confusion.

Must Include: Software type to be built, for what functions, tech stack required, deadlines, certain affiliations needed, technical support, timings, and other possible requirements.

2. Market Research is a Must

That goes without saying! Understanding the market is important to ensure you deliver what’s needed by the end-users. So, your offshoring partner has to have a good reputation in the market.

Look for sites like Good Firms and Clutch for reviews to see the reputation of your shortlisted offshoring partners. Also, check their LinkedIn to see what others say about them.

Go ahead and narrow down your search to make your final decision.

Just ensure a complete background check before you finalize your offshoring partner.

3. Utilization of Agile Methodologies or Adjusting to the Market

You need to acquaint yourself with the market. That’s important for you to know what is to be delivered precisely.

The essential way to survive in the industry is to stay active and knowledgeable about the fluctuating market demand. That will help you make your offshoring team understand what exactly is needed. And, they will be able to deliver better.

To ensure your solutions (together with the efforts of your offshoring partner) stay in accordance with the objectives.

Also, here comes into play the Agile methodologies. That is indeed a must-have for a highly collaborative environment and the outcomes that matter to your business. Hence, make it a goal to hire a knowledgeable partner about the agile technologies prevailing in the market.

That would help you to adjust to fluctuating customer requirements easily.

4. Time to Prepare Request for Proposals

You have come halfway through now. It is the right time to evaluate everything you have done so far, including the list of partners.

Once that is done, write the RFP, i.e., Request for Proposal, and send it to the ones you shortlisted.

An RFP majorly includes services, duration, payments, quality, expectations, and all such factors that help them understand the job exactly. RFP might differ for different potential partners if services, deadlines, and tasks are different for each one.

Eventually, the purpose is to get the quote based on what’s mentioned in RFP. Also, the following:

• A chance for potential partners to talk about their skills, knowledge, and expertise.

• Give the best quote that must fit your budget.

• Ensure everything is transparent between both parties.

• Goals, expectations, deadlines, the duration for proper understanding.

• A beginning to develop a relationship for long-term business success.

Conclusion

Hey entrepreneurs! You just learned how to hire an offshoring partner. Now, it is time you try doing it.

Don’t worry if you have an in-house team. You can still hire an offshoring partner to scale up your business. As a result, your business is going to experience growth, efficiency, and productivity altogether.

Now, the question is – ‘Are you ready to leverage the benefits of offshoring?’

If yes, we would like to be your reliable development offshoring partner who understands how to bring value to your business.

Our dedicated development offshoring team is ready to scale up your business.

And, we are just a call away!

Let’s take the first step to build our highly reliable partnership right here

Let’s talk!!

Originally posted at Your Team In India. Click here to read more.