We are in the knowledge-based era and information plays a very important role to the decisions we make academically, medically or business-wise. In a fast-paced world, it is often difficult to consistently document important points, hence, large enterprises equip themselves with audio-visual aids for information recording that is later converted to written-form.

Transcription meaning

Transcription is simply the process of converting recorded speech into meaningful text. It involves systematically representing language in written form. Experts however suggest it goes beyond converting speech to readable text.

Transcription services can be outsourced and this comes with a lot of benefits that companies are beginning to realize.

Below we look at some of the advantages of outsourcing transcription services.

• Saves cost: Through outsourcing of transcription services, businesses can cut down on expenses and capital investments. Generally, this saves cost and increases business profitability.

• Businesses that outsource their transcription services have no need to recruit or hire additional manpower to handle their transcription services. This saves the business time and resources, they do not have to worry about additional staff compensation.

• Companies do not have to worry about extra expenses on maintenance of IT infrastructure when they outsource transcription services. This reduces the stress on the IT department.

• Highly skilled experts: Transcription services demand skilled experts in the field. Outsourcing to a reliable third party transcription service leaves you rest assured with quality service.

• Outsourcing transcription services frees up valuable time for the company to concentrate on other core business operations.

• Companies that outsource transcription services enjoy the opportunity of leveraging on its benefits like effective workforce, additional manpower, workflow systems and efficient tools.

Among these benefits include enjoying effective and standby customer support from outsourced transcription services providers.

Like the experts say, transcription goes beyond turning voice to written text. It may include translation. For example you will need to convert the speech of a foreign language speaker to text in order to understand the meaning. You may need to remove the pauses and non-verbal utterances so as to maintain accuracy. To get an accurate transcription at this point, you need to outsource to a native speaker of that foreign language.

Generally, you outsource transcription services depending on your needs and requirements, so you may want to hire someone who meets your requirements. More importantly, he or she should be able to retain the details. Transcription service outsourcing is spreading rapidly all over the world. If you are still considering whether or not you need to outsource, the benefits lined above should help you make a decision.

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams

Anywhere you choose to look, the meaning of bookkeeping remains the same. It refers to the accurate daily recording of business transactions. The term “accurate” is very vital as bookkeeping does not make sense if data is not recorded accurately. Some small business owners neglect the impact of effective bookkeeping for their businesses, unknowing to them that it is the life wire of any business. The success or failure of any business depends on the daily recorded transactions. As they portray the business happenings.

Contrary to what people think, bookkeeping can be quite complex, especially for business owners who have no commerce background. It is important for a business owner to decide whether or not to outsource his bookkeeping tasks. As a matter of fact, outsourcing the function is better so you do not have to toggle between recording transactions and performing other core business functions.

Generally, the services of a professional bookkeeper include; recording daily business transactions, processing receipts, invoice, payments etc, balancing the ledger and processing payroll.

Bookkeeping Approaches

Business bookkeeping can be handled in two ways. In-house with a part-time or full-time bookkeeper, or it can be outsourced.

Benefits you derive from outsourcing bookkeeping services

Businesses that decide to outsource their bookkeeping services for whatever reasons have the opportunity to tap into the numerous benefits that come along with outsourcing bookkeeping. Some of which we will identify below.

• Saves time

Through outsourcing of bookkeeping, valuable time that is needed to focus in growing other aspects of the business is freed up. In-house bookkeeping can be really stressful when you have to switch between that and the day-to-day running of the business.

• Saves cost

Money that would have been used to pay full-time or part-time employee wages and benefits are saved through outsourcing bookkeeping duties. Here, you only have to pay for what you need.

• Access to top technology

Normally, most small businesses cannot afford to pay for expensive bookkeeping software nor keep up with the changing laws and regulations. Outsourcing hands them access to these top tools and latest technology as well as legal knowledge required to obtain optimum results from their business. There is organized and high quality backup of your data and in the case where there is need for an IRS audit, you will be ready.

• Highly skilled personnel

Outsourcing bookkeeping services allows your books to be handled by highly skilled personnel who know best practices and is committed to handling the functions professionally and effectively. As a business owner, this makes your job much easier.

Outsourcing bookkeeping services will provide your business with a competitive advantage while delivering the best bookkeeping services your business will require.

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams

It’s the dream of every business owner to increase profits, isn’t it? Needless to ask, it is the sole reason for being in business — to make profit. And, the major way to increase profit is to gain a larger share of your target market or target audience, bearing in mind that your competitors are also going to share from this same target market/audience. Outsourcing is one of the viable tools for boosting your target market and target audience.

First Thing First – Define and Determine Your Target Audience

Before you can gain a larger share of your target audience, you need to define and determine your target audience or market. For instance, if you’re offering weight loss products and/or services, your target audience are those who need to lose weight and/or keep fit.

Your target market could be the global market or your location. In essence, you could target people in need of weight loss products all over the world, or just within your location. When you define and determine your target audience/target market, it becomes easier to device strategy for reaching them.

Win the Heart of Your Target Audience

You can’t just lunch your product and/or service to your target audience without first winning their hearts. Therefore, you should adopt the right strategy in reaching and winning the hearts of your target audience. There are different approaches to reaching your target audience and drawing their attention. One of such approaches is to start a blog. Blogging is one of the most powerful tools for online marketing. Using a blog, you can build followers for your product and/or service.

In essence, your blog will create awareness, inform and educate people about your niche or product, without sounding too promotional. Subsequently, when readers find your blog posts to be consistently valuable, informative and educative, they will yearn to know more about your business and what you offer. This would make them click the link to your ecommerce website.

Speed up Your Entrance Time to the Market

When you have found your target audience/market, it’s also important that you speed up your entry time to the market, bearing in mind that competition is stiff — first come, first served.

One of the best ways to speed up your entry time to the market in order to gain a larger share of the market is to outsource business tasks. You should focus on production processes, while using outsourcing company to handle more repetitive and time-consuming tasks such as accounting and customer service.

Ultimately, you will speed up your entry time to your target market and gain a larger segment of the market than your competitors.

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams

“No customer, no sales, no profit, and in fact no business!” You can’t consume your own products, you need customers who will patronize your business. Unfortunately, a lot of businesses pay lip service to their customers when it comes to quality customer support. Outsourcing customer service is a great way to ensure your valued customers receive first-rate customer service.

Here are some consistent benefits that are attracting more and more business owners to customer service outsourcing;

1: Customer Sati faction

A satisfied customer will go all the way with you and will stop at nothing in pointing others to your brand. And, there’s no better way to satisfy your customers than offer they top-rate customer service.

Customers hate it when they are kept waiting, or met with busy tone each time they want to reach your help desk. And, they won’t even think twice in looking for better service elsewhere.

If your budget is not robust enough to set up a standard help desk in-house, you are better off outsourcing customer service. The cost difference between setting up a standard call center in-house and using outsourced service is so huge!

2: Customer Loyalty

The first and second benefits are linked. A satisfied customer will become a loyal customer. When you use outsourcing to make sure your customers’ complaints are promptly resolved and they are completely satisfied, you won’t have to worry about losing those customers.

Help desk outsourcing providers commute from their own locations, mostly offshore. But, with their innovative call center tools, they can provide quality support to your customers no matter where they are located.

Since they don’t have any other assignment (unlike in-house customer reps) but to attend to your customers, the success rate of using outsourcing to provide customer support is high, leading to increased customer loyalty.

3: Huge Cost Savings

As mentioned earlier, you will save huge cost by taking advantage of already-set call centers to provide quality support to your valued customers. In fact, this aspect of financial stress will be taking off your shoulder while still providing your customers with quality support and help.

4: Round-the-Clock Customer Service

Most call centers offer 24/7 customer service on behalf of their clients. They are able to achieve this feat through rotational schedule where some customer reps will work in the morning and another set will take over from evening till morning.

Indeed, customer service outsourcing is quite rewarding.

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams

Marketing is at the hub of any business. It doesn’t matter how fantastic you think your product is, it will mean nothing if nobody buys it. Simply put, ‘no marketing, no sales and ultimately no profits.” Many businesses have found out the secret to boosting sales. That secret is nothing but outsourcing marketing.

What Aspects of Marketing can You Outsource?

You can outsource any marketing aspect – from promotional campaigns to full online marketing, sales, telemarketing and more. And, it doesn’t matter what goal you have in mind – to generate more sales, create/boost brand awareness, offer discounted sales or woo more customers, outsourcing will accomplish the goal.

How Can You Find the Most Qualified Outsourcing Marketing Expert?

However, when you outsource marketing, make sure you interview and hire professional marketers with tangible proofs. Such proofs include contact info of a business or company they’ve successfully marketed their brands.

You should also find out the vendor’s experience in marketing your type or brand/product. A marketing vendor who is versed with your type of brand and has experience marketing the brand will help you achieve the desired result.

So, What are the Benefits You’re Possibly Losing out on by not Outsourcing Marketing?

1: Huge Cost Savings

It’s no longer news that outsourcing is an effective business solution for cutting cost. So, it simply means when you push outsourcing by the side in your marketing, you are also pushing possible huge cost savings aside! The huge cost savings comes from using only a small budget to accomplish marketing through outsourcing, compared to hiring the marketing workforce in-house.

Besides, the agreed pricing is an inclusive price; meaning that the outsourcing marketer is likely to shoulder additional marketing expenses that is not part of the contract.

2: Faster time in Entering the Market with your Product

When you focus on other business aspects and allow qualified freelance marketers to handle your marketing, your product will enter the market faster than your competitors’.

As a result, you are able to gain a larger market segment than your competitor who is bringing in his products later. Your sales will skyrocket as a result, hence your revenues and profits.

3: Access to More Robust Marketing Tools

Also, outsourcing marketing helps to provide you access to more innovative marketing tools that you may not be able to afford as a small business. Freelance marketing experts are well equipped with state-of-the art marketing tools, including apps that can help you track outcome of your marketing campaigns.

There are also other benefits of outsourcing marketing.

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams

Telemarketing outsourcing services is an erroneously overlooked aspect of business operations. According to recent studies, many organizations had viewed it as something that could be handled by any employee who has the fundamental skills. This partial negligence comes as a result of having ready customer base by these companies. This had placed opting for telemarketing outsourcing services as something that is considered later when the need arises.

These days, the current trends of events have altered the traditional mode of business operations. No business operations can boast of having meaningful impact in attracting more customers without placing telemarketing outsourcing services as its priority. Every other company that had continued to neglect this aspect of running a business had always encountered great setbacks.

Vital virtues derived from Telemarketing services

When talking about what could be derived from telemarketing services, it comes with several functions including the following:

• Lead generation

Records have it that it is easier for you to generate greater leads when your clients have clearer perceptions of what your business is all about. Having the backup of experts who takes care of your telemarketing services makes it possible to seize a new market segment. This is objective is realized as your team of experts helps your organization to capture highly qualified leads.

• Promotions

There is a greener light with what Telemarketing can offer in terms of promotions than is obtainable with mass media advertisements. Several companies have used this medium to cut down on their budget for promoting their services to their customers. For instance, a company can achieve this feat by engaging a vendor in a developing country. Studies have revealed that better results are realized when an outbound call center services are recruited in India other than doing the same campaign in United States.

• Survey and market research

The use of survey and market research as veritable tools has proven to be very useful in understanding the exact needs of your customers. Meeting the customers’ exact requirements helps in no small measure to create wider brand awareness for them. In this regard, a company can project surveys via phone and social media campaigns to get the exact feels of their customers. It is therefore very essential to engage experts in telemarketing outsourcing services who uses analytics for market research to enable your organization understand her customers. This unique understanding helps you to attract more of these customers.

• Event promotion and appointment booking

During the time of event promotion and booking of appointments, you can rely on your well-experienced team. Their function would be to combine the promotion and as well as the booking of appointments at the same time. This would let you know the kind of attention that your event is going to gather. This will put you in the right track during your preparations.

Final thoughts

Telemarketing now plays a major role in business operations. Businesses need an influx of new customers regularly. Engaging an outsourcing company to handle all your telemarketing needs is vital to the progress of your organization. This is the only way to stay strong competitively.

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams

Scaling up your business operations is easier when you plan and engage an offshore provider. And this is done by outsourcing for professionals as your remote team. The market is oversaturated with many providers wanting to be hired. To be successful at making the right choice, you have to embark on a guided recruitment process like this one.

Of course, there are five top qualities to look for while trying to choose whom to hire as your future team leader. These qualities are listed below:

1. Aligned skills, knowledge and experience

Do not compromise on getting a provider who has the knowledge and technical skills. Any provider who is equipped with experience, skills and knowledge will save you time and resources and requires little or no training. Secondly, is would be very easy to manage them. They job is to get the whole process started seamlessly because they are conversant with all the terrains. They are highly recommendable because they understand the industry perfectly. Leaders of industries know that this is how to attract successes to their projects in a short while.

2. Skilled in problem-solving

Getting a problem-solver as part of your team gives you an edge over other competitors. They are the ones who readily add more value to your business. One good thing about them is that finding solutions to problems is what comes so natural to them. As such, they are never deterred by challenges; rather, they bring up solutions that would keep the company moving at accelerated speed. They provide the company with international best practices and frees up your time to concentrate on other core functions.

3. Communicative and transparent

It is quite easier to get along with a remote team that is compliant in communication. Having found easy expression with your local team will facilitate speedy execution of tasks and promotes alliance between the duos. Effective communication helps in tackling of challenges together.

4. Adaptable to change

The only constant thing is change. Finding partners who are adaptable to changing times is what you should be looking out to having as part of your remote team. The global business community is currently experiencing global pandemic, so your team should be the type that can handle the attending challenges. They should be the type that can brace up the challenges and face them squarely with much agility.

5. Professionally motivated workers

The best choice you will make in choosing your remote staff is by going for a team that is highly motivated by the love they have for their profession and personal ambitions. It is perfectly okay if their ambitions are connected to the overall success of your company. This will bring out the best in them as they work incessantly to achieving your set goals, which houses their aspirations as well.

Final thoughts

Ensuring that you look out for these five sterling qualities in your future remote team would guarantee your business success and opens vast opportunities for you. Nevertheless, it may appear a bit cumbersome especially when you are a newcomer at finding a suitable offshore service provider. Again, outsourcing your needs will be much beneficial.

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams

There are certain issues to be considered to maintain a healthy relationship with the foreign team. Firstly, to be successful in this regard will entail having new ways of trying to evaluate, organize, and inform workers.

Mostly, the main worries of remote workers are in various degrees. Some of which is fear of being forgotten. They fear they would not be properly motivated via promotions. There are several of the staff worries.

Having a healthy working relationship with remote workers entails lots of strategies. Managers of industries should not assume that they know all the managerial skills involved.

The following subheadings are amongst the few ways to manage remote workers:

Proper management

Managers should first of all institute a relationship with their remote workers based on total trust and confidence. Qualified and experienced managers should be employed to run the affairs of your organization.

Proper monitoring

When your remote staff is monitored through video devices such as Skype and other video-conferencing methods, they tend to be more dedicated to their service. They also have a sense of fulfillment as they knowing that their inputs are being monitored and appreciated.

Proper communication

Communication should be sustained on regular basis. It is a two-way thing when it comes to communication. It helps to get the exact feelings and challenges of your remote workers.

Ensure regular updates of information

Management should be careful not to allow any communication gap to exist between them and their remote workers. There should be regular evaluation and feedback on daily basis.

Evaluate cultural differences

When working with a remote staff, you would certainly face with cultural differences. Your company will have to take a review of such culture and the various ways to put such differences to your gains.

Set clear performance objectives

Management should be ready to set clear performance objectives. Both managers and employees are expected to understand and work towards the attainment of such set goals.

There should also be a system put in place for measuring how these stakeholders are working to uphold the company’s objectives. Therefore the setting up of your company’s priorities is very vital for the growth of your organization.

Continuous training and retraining of staffs

Put a mechanism that would ensure that both your in-house and remote team are regularly placed on training courses so that they would be conversant with newest technologies as it comes out.

Conclusion

Further help could be gotten from an outsourcing company who will aid your organization through several ways. Subsequently, it is recommended that there should be new information flow to replace the traditional form of communication. Besides, your organization should endeavour to understand all the weaknesses and strengths of your remote team so that proper augmentations would be made when deemed necessary.

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams

WHAT IS REMOTE SELLING?

What defines remote selling has to do with the selling of goods and services through communication gadgets from a remote location. This practice had been in existence for decades now, thanks to outsourcing companies scattered all over the globe.

HOW IS REMOTE SELLING BENEFICIAL FOR YOUR BUSINESS?

Remote selling brings lots of benefits. These are some of what remote selling had to offer:

Boosted Efficiency

Efficiency is enhanced with remote selling. What it does, is to give room for one to attend to other vital needs. Such needs may be to generate leads, close more deals and so forth. By having the desired spare-time at your disposal, you would be able to capitalize on it and get to meet with your prospects and directly engage a profitable conversation with them.

Decreased Cost

In a bid to increase revenue, one must find the means to zero down on costs. This is one of the gains of remote selling. It wipes away all the cost that otherwise would have spent on office rents, office equipment, and on infrastructure. However, this does not imply that there will not be any cost incurred during the sales. It is a system that offers your organization the option to choose the best platform for your remote teams to manage their efficiency and productivity.

Expanded Reach

One of the best methods of reaching out to prospects in remote places is through remote selling. This makes it possible for you to not only reach out to your local community but to larger prospects clustered around the world. Being equipped with a stable internet connection is what is needed in this case. Therefore, try to use the best technology available in other to scale up your operations. Useful tools like CRM software can help you. These tools will help in automating any repetitive manual tasks, thereby organizing your company’s communication system into a seamless process.

Employee Safety

In the face of the current scourge of Covid-19 pandemic, it is eminent to place your employees on a safer working environment. Employees now prefer jobs that have their tasks tackled right from their homes. Remote selling will give your in-house team enriching exposition as they work with other talents around the globe.

Final thoughts

There are lots of benefits attached to outsourcing your selling needs to remote teams. One of which is that it reduces costs and subsequently increases revenue for your company. Another benefit is that it promotes efficiency and productivity for your company. There is also a platform where your in-house team and remote selling teams share experiences.

Employees are at their optimal best when there is a reduction of stress, which is offered by having a remote selling team.

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams

The internet offers tons of ways to generate income. From selling on Craigslist to exploring the gig economy, there are wide ranges of options to make quick paycheck online. Also, you will find tons of ideal options for long-term income generation online.

However, some ideas for making money on the internet sound great. But, in reality, those ideas can take longer time and may not yield the kind of profit you think you can generate from them. Some of those ideas include the following;

1: MLM – Multi Level Marketing

One way or the other, you must have come across MLM ads. Perhaps a friend, relative, or someone you don’t even know has at one point posted ads for MLM programs. While many people see multi level marketing model as scam or pyramid scheme, those doing the advertisement think of it as a straightforward way to make additional money online.

The ill about this money-making venture is that the consultants for the companies who own the products make most of the money, while those who they recruit to recruit others earn just drizzles that won’t make any ends meet. The consultants earn commission for representing the company and still earn a percentage of the recruits’ supposedly earning, leaving the recruits with little or nothing to show for their efforts. Besides, some of the MLMs are both illegal and scams.

Here are the six signs of pyramid schemes as provided by the United States Securities and Exchange Commission;

• There is actually no genuine product sold
• The emphasis is on recruiting
• It is usually called easy money because they tell you it’s a good way to earn passive income
• Claims of high returns earning within a short period of time
• Commission structure is complex
• No proof of revenue coming from retail sales

2: Instagram Influencer

These days, influencer marketing is becoming popular. As a result, a becoming a social influencer can generate some income. Even if you have less than 10,000 followers or just a thousand followers who are devoted and consistent, many brands will be willing to work with you to maximize their money as they spread their marketing budget across mini-influencers rather than popular celebrities.

But, the thing about this online business model is that there’s no guarantee of earning money, especially if you are just coming out of the woods and jumping into influencer marketing.

3: Day Trading

While day trading is not unethical or illegal, it is a highly risky online venture. In this business model, participants purchase and sell stocks all through the day, hoping that the stocks they purchased will continue to go up or come down in value in quick successions, so that they may lock in quick profits. If you do not have the temperament, money or time for this online money-making venture, just don’t venture into it.

So, you should think twice about embracing these online money-making avenues.

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams