Many companies have already realized the many benefits of business process outsourcing (BPO). With the current global economic crisis, these benefits have become even more apparent. Time, energy and resources need to be conserved at home in the First World. It would be much cheaper to outsource many tasks to countries in the Third World, like India, China and the Philippines. This will increase productivity and efficiency while cutting down on costs. Companies that outsource business services then become more flexible and nimble.

Outsourced services include manufacturing, software development, web development, finance, accounting, human resources and customer service, among others.

With business process outsourcing, a company does not have to invest in costly assets or set up expensive work structures that will have fixed costs. It will not have to purchase expensive equipment that may have to be amortized for many years and may even become outdated and outgrown with rapid technological advances.

Outsourced business processes are paid for per service. This means a company can immediately adjust to changes that may require more or less work and pay for only exactly what is needed. This flexibility greatly enhances resource management and frees up much capital.

A company that uses business process outsourcing is also able to focus more on its own core competencies. Once a company has identified its most valuable activities for its core business, other secondary activities and processes can be outsourced. The company can then concentrate its key people’s energies and talents on what they do best.

Business process outsourcing, thus, enables a company to expand without sacrificing its agility and speed in responding to changes and opportunities. The usual bottlenecks that arise in bureaucratic operations are eliminated. Expansion is also made possible when more capital is freed up.

One drawback to business process outsourcing may be dependence. A company may become too dependent to its BPO service provider. This will not pose much of a problem, though, because there are numerous service providers to choose from in case the current one fails to meet expectations. Most BPO vendors have similar capabilities in terms of the services they offer. Most also have similar rates.

Companies should, however, beware of unscrupulous BPO vendors who fail to meet service level agreements. Oftentimes, problems arise when there are unclear issues left in the contract or when there are unforeseen changes in requirements within the contract period. Much care must, therefore, be taken in choosing the right BPO service provider.

Web Dot Com Website Development Philippines, Inc. offers various business process outsourcing services for companies around the globe who are outsourcing web development and other back office and front office business services. It has clients from the United States, the United Kingdom, Australia, Germany, the United Arab Emirates, Hong Kong, Korea, the British Virgin Islands and the Philippines.

Web Dot Com is a web hosting provider that offers domain name registration and low cost advanced web site development packages from its Manila office. Its services span advanced interactive database driven web site development, advanced portal development, heavy web based programming, web application development, content management systems, good website design, graphic design and multimedia components including flash animation development, e-commerce site solutions including a shopping cart using osCommerce, web site maintenance and support, search engine optimization, search engine marketing and social media marketing. Its programmers and web site developers are experts at php, mysql, JavaScript and other internet tools and languages.

Web Dot Com Website Development Philippines, Inc. is your One Stop Shop Internet and Contact Center Solutions Vendor for the Global Market. Make it your business process outsourcing partner.

Web Dot Com Website Development Philippines, Inc.
Address:
2nd Floor, BT&T Center
#20 E. Rodriguez Jr. Ave., Libis (C-5),
Quezon City, 1110 Philippines
E-mail: info@webdc.com.ph
Telephone numbers: (632) 634-4625; (632) 635-6104

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Help answer the question

1. Which retail business would be best to start and why: a) Specialty retail business or b) Mail order business?

2. Which type of business is more predictable and does not change often: Specialty retail or mail order?

3. Many people say that PASSION is important when it comes to starting a business because the owner will have to work long hour to make his or her business a success. I agree with that but can you explain to me why there are many people out there who started their successful businesses outside their PASSION?

4. How can I choose products and services to sell that fit my personality and are part of my values?

5. I took a Myers-Briggs personality test and the result of the test shows that my personality type is an ISFJ (Introverted, Sensing, Feeling, Judging). Would someone like me who possess this personality type can become successful in operating his or her retail business?

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How to get rich the smart way? Read what some creative people did:

1. Million Dollar Homepage

1000000 pixels, charge a dollar per pixel – that’s perhaps the dumbest idea for online business anyone could have possible come up with. Still, Alex Tew, a 21-year-old who came up with the idea, is now a millionaire. 

What is the idea? (from FAQ on the site)

The idea is simple: to try and make $1m (US) by selling 1,000,000 pixels for $1 each. Hence, ‘The Million Dollar Homepage”. The main motivation for doing this is to pay for my degree studies, because I don’t like the idea of graduating with a huge student debt. I know people who are paying off student loans 15-20 years after they graduated. Not a nice thought!
So, everyone is welcome to buy my pixels, which are available in 100-pixel ‘blocks’ (each measuring 10×10 pixels). You will see the homepage is divided into 10,000 of these 100-pixel blocks (hence there are 1,000,000 pixels in total). The reason for selling them in 100-pixel blocks is because anything smaller would be too small to display anything meaningful.
You can buy as many pixels as you like, as long as there are some available (see the live stats in the top right corner of the page). When you buy some pixels, you can then display an image/ad/logo of your choice in the space you have purchased. You can also have the image click through to your own website. However, no obscene or offensive images are allowed.
The pixels you buy will be displayed on the homepage permanently. The homepage will not change. Using some of the money I make from the site, I guarantee to keep it online for at least 5 years, but hopefully much longer. I want it to become a kind of internet time capsule. So, in the long run, I believe the pixels will offer good value. You will have a piece of internet history!

2. SantaMail

Ok, how’s that for a brilliant idea. Get a postal address at North Pole, Alaska, pretend you are Santa Claus and charge parents 10 bucks for every letter you send to their kids? Well, Byron Reese sent over 200000 letters since the start of the business in 2001, which makes him a couple million dollars richer.

About SantaMail from their site

Since 2002, Santa has been helping us write over 275,000 personalized Christmas letters. Santa makes sure that we use the finest heirloom-quality, acid-free linen paper so that his letters last a lifetime.

As Santa’s helpers, we help Santa print his letters and then mail them to him in North Pole, Alaska where he affixes a Christmas stamp on it and sends it on the way to your child. From there, the letter gets postmarked and mailed. (After December 16, he has us mail them directly from Austin, Texas so they reach the children in time!).

3. Doggles

Create goggles for dogs and sell them online? Boy, this IS the dumbest idea for a business. How in the world did they manage to become millionaires and have shops all over the world with that one? Beyond me. 

About Doggles from their site

We are famous for Doggles   goggles for dogs – the first and only eye protection designed and created just for dogs!  Seen on CNN, Regis and Kelly, The Today Show, Good Morning America and many others, they are quite a hit with everyone who has tried them! We are also an environmentally conscious organization, using as much “green” or recycled fabrics and materials in our products as possible, always keeping in mind that what is good for our planet is also good for our pets. Our standards are high, and you will see this in each and every one of our products. We are market leaders in the design and manufacture of tough and durable and yes, even “green”, dog toys. Please be sure to check our offerings in the toy category as you look through our site. Our outdoor line has won the praise of many an outdoor enthusiast as we continue to grow and improve the line. And of course, our fashion sense has never ended as we are always adding and improving to our fashion harness line. We have a wide range of products that are truly functional and have helped many pets over the years as we continue to innovate in the pet products field.  As always, keep an eye on us for more.

4. LaserMonks

LaserMonks.com is a for-profit subsidiary of the Cistercian Abbey of Our Lady of Spring Bank, an eight-monk monastery in the hills of Monroe County, 90 miles northwest of Madison. Yeah, real monks refilling your cartridges. Hallelujah! Their 2005 sales were $2.5 million! Praise the Lord.

5. AntennaBalls

You can’t sell antenna ball online. There is no way. And surely it wouldn’t make you rich. But this is exactly what Jason Wall did, and now he is now a millionaire.

6. FitDeck

Create a deck of cards featuring exercise routines, and sell it online for $18.95. Sounds like a disaster idea to me. But former Navy SEAL and fitness instructor Phil Black reported last year sales of $4.7 million. Surely beats what military pays.

7. PositivesDating.Com

How would you like to go on a date with an HIV positive person? Paul Graves and Brandon Koechlin thought that someone would, so they created a dating site for HIV positive folks last year. Projected 2006 sales are $110,000, and the two hope to have 50,000 members by their two-year mark.

8. Designer Diaper Bags

Christie Rein was tired of carrying diapers around in a freezer bag. The 34-year-old mother of three found herself constantly stuffing diapers for her infant son into freezer bags to keep them from getting scrunched up in her purse. Rein wanted something that was compact, sleek and stylish, so in November 2004, she sat down with her husband, Marcus, who helped her design a custom diaper bag that’s big enough to hold a travel pack of wipes and two to four diapers. With more than $180,000 in sales for 2005, Christie’s company, Diapees & Wipees, has bags in 22 different styles, available online and in 120 boutiques across the globe for $14.99.

9. PickyDomains

Hire another person to think of a cool domain name for you? No way people would pay for this. Actually, naming domain names for others turned out a thriving business, especially, when you make the entire process risk free. PickyDomains currently has a waiting list of people who want to PAY the service to come up with a snappy memorable domain name. PickyDomains is expected to hit six figures this year.

10. Lucky Wishbone Co.

Fake wishbones. Now, this stupid idea is just destined to flop. Who in the world needs FAKE PLASTIC wishbones? A lot of people, it turns out. Now producing 30,000 wishbones daily (they retail for 3 bucks a pop) Ken Ahroni, the company founder, expects 2006 sales to reach $1 million.

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Rudy Revak explains the bonus income you can receive in symmetry.

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