Canada ranks the second-best country in the G20 to do business. With a highly educated workforce, stable and peaceful political environment, and most importantly, transparent policies and strong infrastructure, it all seems lucrative to take the chance to start a business. Nevertheless, and similar to many OECDs (Organisation for Economic Co-operation and Development) member countries, AKA developed nations, it is costly to run a business due many factors, for instance: High taxation, High minimum wages, and Costly running bills. Overall operating expenses. 

There is no doubt that every minute an office runs costs money. From electricity bills for running computers to gas expenses for warming up employees during the famous cold days of the Great White North, the workspace cost is a reality all businesses need to face and economize efficiently, especially during recession and depression stages of business cycle. Covid pandemic for instance. 

Space is a financial cost in many first world countries. A rent per square foot of class (A) office space in Toronto charges around 23.32 Canadian dollars. (Statistica)

One of the main hurdles for startups and mid-size businesses is to lease proper office space to generate impressive productivity without spending a big share of the budget. 

Counting all the odds of prices in big cities, it requires a Ca$700 minimum to rent an office anywhere in Canada.

Hiring by itself is a long process. It takes at least two months between job posting, talent search, shortlisting, and conducting interviews to evaluate and employ the candidate. The whole process charges up to $3,000, by the Society of Human Resource Management (SHRM). On the other hand, with every hire comes the chance of bad hires and turnover. For this reason, many business solutions advocates suggest outsourcing, especially when it comes to non-core business activities.

You might have typed, “why should I outsource to a BPO company?” For google to lead you here.

Probably you want a human answer rather than a long stuffed article to convince you to

take such a step. Before deciding on the outsourcing business process, ask yourself the following questions. 

Does my company need to reduce/control operational costs?

  Do I need to put more time into the company's core business?

      Do administrative/ technical operations within my organization

require a qualified specialist?

If you answered the above questions with yes, you are already midway.

Business Process Outsourcing industry is a big trend, for reasons.

1. Cost, Cost, Cost:

Nothing talks stronger than money; you do not have to be an accountant to know that reducing operating expenses lead to higher profit.

For businesses, cost management is an operational pillar that defines and determines the continuity and the success of projects.

Business Process Outsourcing companies realize the significance of cost-

efficient services in their business plans. Hence, they make sure that every service, in their menu, has an affordable and strategic price for clients.

2. Quality

Have you ever tried to make French fries? Most of us have, but few or none

made them again. Why? Because they did not taste the same as the ones in

restaurants.

You may be again asking why?

Simply because restaurants have the machinery and the experts, that developed hours of experience in choosing, peeling, cutting, and frying potatoes to get the tastiest, crunchiest fries, ordinary people like me, and maybe you cannot make.

Everyone can make fries, but not everyone has the tacit knowledge to do so. That is why companies subcontract.

3. Flexibility:

Service Outsourcing has provided businesses worldwide the flexibility needed in

times of instability, for instance, Covid Pandemic. As a result, the forecast

shows that 24.5% of all organizations have decided to increase outsourcing

efforts in 2021. (N-ix)

Outsourcing has always been businesses' savior in times of crisis. The world did

not have to face a pandemic for companies to outsource.

Companies learned the hard way the importance tool externalization offers, business resilience. Big names such as Apple, CISCO and IBM, survived the 2008 recession due to thinking out of the box and holding a pioneering position in what comes next as the service outsourcing era.

Deciding to outsource services is challenging with concerns regarding service delivery, lack of coordination, management issues, and lack of customer focus. Nevertheless, choosing to subcontract with a BPO company offers a solution for the outsourcing disadvantages.

In other words, by contracting with a BPO service provider, you can gain the benefits of outsourcing while avoiding the risk attached.

For instance, noodesk has a client-centric organizational culture that emphasizes the importance of client satisfaction. Therefore, its expert's main target is set to meet the quality expectation of clients with agility, clear communication, and control.

Time is not only money, but it is everything. Respecting time frames is a

Competitive edge. Noodesk services are delivered beforehand to ensure meeting deadlines while putting the client's B plans into consideration.