How can outsourcing work benefit your business?

So, you’re wondering how outsourcing work can benefit your business. You wouldn’t be the only one. Outsourcing work can be one of the best things you can do for your business.

Running your own business can be arduous and time-consuming. You don’t always have the time to seek out new business opportunities on top of your day-to-day responsibilities. This is when outsourcing comes in.

What is outsourcing?

Outsourcing is when you hire a third party to handle operations or perform a service on your behalf. That could be any range of services or tasks. For example, here at Hudson Outsourcing, we help our clients through the tendering process. From sourcing the tenders, to submitting a winning bid on your behalf. We can take care of the whole process.

So, how exactly can outsourcing work benefit your business? Well, this blog will cover some of the advantages if you outsource work. If you’re on the fence, this could help you make up your mind when deciding whether to outsource work.

3 advantages of outsourcing work to outsourcing companies

1. It saves you money and time

Outsourcing work can save you a fair amount of money. It means you don’t have to hire a full-time employee, saving you on expenses such as training and benefits. You may only need them to do the task every so often. Therefore, outsourcing can help save expenses as a full-time employee is not needed.

Outsourcing saves you time as mentioned above, you can continue focusing on the core functions of the business. You don’t have to take time out of your busy day. Especially as the average bid takes 23 hours to complete end-to-end. You may not have the time to do this on top of your daily commitments. That’s exactly why outsourcing can be a great solution without you having to sacrifice anything.

2. Access to experts

Often, when outsourcing work to a company, you gain access to experts in that field. Outsourcing companies are experts that can offer specialised support as it’s their full-time job.

For example, our Bid Writers have over 60 years of collective experience and an 87% success rate. This will increase your chances of success when applying for tenders compared to a first-time applicant. Access to skilled resources means you can be assured a higher quality of the outsourced tasks. This, overall, increases efficiency.

3. Promotes growth

Outsourcing work can promote growth within your business. Particularly if you’re looking for Bid Writers to complete tenders. Securing business contracts can allow you to grow your business. If you are successful tendering for contracts, you’ll gain more experience. More experience means you can tender for bigger contracts. That means you can grow your business.

In conclusion

So, now you know how outsourcing work can benefit your business. It saves you time and money, allows you to gain access to experts all while helping you promote growth. Overall, it can give you a significant return on investment which is important for any business.

Here at Hudson, we believe in helping businesses, no matter the size, grow and succeed for tomorrow.

Need help searching for bids?

You may be wondering where you can find new contracts for your business. There’s no shortage of websites offering multi-sector tendering opportunities and leads. Ideally, you should be searching for a sector-specific site that posts all unique, public and private sector opportunities.

At Hudson Discover, we house 11 sector-specific RFP-tracking portals.  One centralized and easy-to-navigate portal can help you save time, streamlining the process.

These consist of:

• Creative RFPs & Bids
• Healthcare RFPs & Bids
• Facilities RFPs & Bids
• Construction RFPs & Bids
• Technology RFPs & Bids
• Logistics RFPs & Bids
• Research RFPs & Bids
• Consultancy RFPs & Bids
• HR RFPs & Bids
• Finance RFPs & Bids
• Hospitality RFPs & Bids

Once signed up, you’ll have access to your own dedicated Account Manager. They’ll be able to answer any questions you may have about public sector contracts. You’ll also get an email alert when new and relevant contracts are uploaded to your sector.

A subscription to one of our industry-specific portals will include:

• Unlimited portal access. You can browse your industry’s portal to your heart’s content. See the hundreds of opportunities that are available, intuitively categorized and easily accessible.
• A daily email bulletin. When you sign up to a portal, you can choose the specific areas in which you’d like to tender. Then, a daily bulletin is created for you. It includes all the relevant opportunities that have been posted to the portal that day, straight to your inbox.
• A dedicated Account Manager. They’ll handle any questions or queries you may have about the portal.
• A free 20-minutes phone consultation with a Bid Writer. Our expert bid consultants will chat with you for 20-minutes about anything RFP related.

What opportunities can I expect from a bid search on one of the above portals?

We host all kinds of tenders in both the public and private sectors. These are inclusive of, but aren’t limited to:

• Open RFPs
• Restricted procedures
• Competitive dialogs
• Negotiated bidding procedures
• Innovation partnerships
• Single supplier contracts
• Framework agreements
• Dynamic Purchasing Systems

Now you know how to accurately perform a tender search, you may be wondering how to write a bid. Well, luckily for you, our sister company, Hudson Succeed, are experts in bid writing.

They have over 60 years of bid writing experience and an 87% success rate. Whether you’re completely new to bidding or aren’t seeing results – they can help. There are four bid writing packages available:

• RFP Writing

Once you’ve found a tender you’d like to go for, send it over to us. One of our Bid Writers will write the tender response for you. They’ll provide a full Tender Writing breakdown and even submit it on your behalf.

• RFP Mentor

RFP Mentor can give your bid response a once over before you submit. The Bid Writing Team will analyse your response, notifying you of any errors prior to submission.

• RFP Ready

A 4-week program for those who have never tendered before. The program will develop your branded corporate literature and case studies. Our team will advise you on what bidding opportunities you should go for and guide you through your bidding response.

• RFP Improvement

The RFP Improvement package can help those who have bid before but aren’t seeing results. Our Bid Writers will assess your previous responses and work with you to develop improved content.

Get in touch to find out how we can help your business grow.