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SMSF outsourcing risks are greatly reduced and manpower is focused on areas which generate more growth and profit for your firm. Source: https://ncscorp.com.au/outsourcing-smsf-processing/
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1. Cost Efficiency Advantage • The availability of young and skilled manpower in countries like India, where the cost of living is lower compared to Australia, • offers an opportunity for cost- • efficient acquisition ofskilled • labour.
2. More Focus is on Core Activities • Tasks that are not central to profit generation, competitive success or directly affecting business growth should be outsourced to direct your staff’s time and concentration to more profitable tasks.
3. Capital Expenditure is Greatly Reduced • Outsourcing major tasks to an agent that take care of IT setup and software, this reduces capital expenditure.
4. The Advantage of Different Time Zones • The firm may hand in its work late in the noon and by the following day; the work is ready for delivery to the clients with no time lost.
5. Efficient Delivery of Yakka • Firms have many clients with different needs and thus require an efficient working system to deliver their services.
Published By: Navkar Consultancy Services • www.ncscorp.com.au