Outsourcing Expenses (Book Excerpts)

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Curious about outsourcing expenses? Our book, “Outsourcing Through RentACoder” explains it all. Below are a few selected snippets that describe its importance and why you, as an outsourcer, should care. For details, head on over to this page and order the book. Then complement what you find here with the content in our growing outsourcing articles library (the book’s ‘online extension’).

Outsourcing Through RentACoder (now, vWorker) is a 418 page step-by-step user guide for entrepreneurs who want to reduce their workload and increase productivity at the same time.

Excerpts:

• If you’re reading this, we assume you have a fair inkling about what outsourcing is, but you’re not familiar with the specifics. Maybe you want to make sure it’s a feasible move before you try it for your own business… Maybe you want to discover how to decrease expenses and increase your bottom line… (page 16)
• We therefore introduce two types of outsourcing expenses in this section: direct costs and indirect costs. The first expense – direct costs – affects how much you can afford to outsource. (page 82)
• Financial risks address the costs of outsourcing. They can include a) the cost of a coder’s fee vs. the cost of in-house expenses, b) the cost of replacing one RentACoder (now, vWorker) contractor with another, and of course, c) the cost of outsourcing failure altogether. (page 98)
• Jobs that require things like special equipment or custom assembly are better left to in-house employees who’ve been trained to perform them. (They’re also less costly since they don’t require re-training expenses.) (page 106)
• Participants who breach its terms are financially liable for RentACoder’s expenses, including legal fees incurred from enforcing its terms. (page 117)
• Wherever your team comes from, you’ll need to add its expenses to those outsourcing costs we talked about earlier. (page 131)
• This part of the outsourcing contract explains that a contractor is not an employee – but a contractor who’s responsible for his/her own taxes, expenses, and other non-employee related obligations. (page 156)
• Remember – in outsourcing and at RentACoder, the coder is not an employee, but a contracted worker who’s responsible for his/her own taxes, expenses, and other non-employee related obligations. (page 164)
• Quotes from competent coders cover the expenses described above, and therefore suggest a more professional candidate to work with. (page 218)
• A buyer may underestimate how long his/her project will take to complete for instance, and thus incur a larger expense than anticipated. (page 284)

Order Outsourcing Through RentACoder:

Outsourcing Through RentACoder (now, vWorker) is a 418 page, 7.44″ x 9.68″ paperback book, fully illustrated and filled with everything you could possibly need to successfully outsource your tasks the first time.

Inside, you’ll find a slew of outsourcing know-how, over a dozen online checklists, worksheets, and more. It also introduces an outsourcing roadmap exclusive to the RentACoder (now, vWorker) website. Order it here.