Tobias Fellas
May 2, 2024
While there can be clear cost savings with offshore outsourcing and offshore staffing that can ultimately boost the bottom line and thereby the valuation, if it's not properly executed it can actually cause you to become less profitable than before engaging offshore staff.
Ultimately, a few key things play here, removing the revolving door of offshore staff whereby the providers can never seem to retain staff properly and the other key element here is properly integrating them into your business whereby training and management is limited.
Brett Goodyer from BVOPro discusses how getting these elements right can have a massive boost to profitability.
Felcorp Support is an independent outsourcing staff supplier. All staff are employees of Felcorp Support and are not affiliated or in partnership with any other business outside the Felcorp Group. We do not have any professional services licences or registrations and never purport to have any of these professional registrations.