The challenging economic landscape we're navigating demands companies to continuously strive for competitiveness. This has spurred the quest for new resources and solutions beyond the confines of their office.
The term EBITDA, essentially the net profit of a company before amortization, depreciation, interest, and taxes, reflects what remains after accounting for purchase costs and fixed expenses (such as salaries and infrastructure). It drives us to maximize efficiency to ensure a positive outcome in this metric.
There are myriad ways to boost this profit: increasing revenue while maintaining costs, boosting revenue while cutting costs, sustaining revenue while reducing costs, or even reducing revenue while cutting costs further (though this is quite challenging).
When your costs soar, your pricing tends to follow suit, potentially surpassing that of your competitors. Consequently, this can leave your company lagging behind in the competitive market, especially in service-based industries.
Exorbitant operational costs may signal internal issues within the company that often go unnoticed, such as:
What advantages does outsourcing offer? The term outsourcing refers to the subcontracting of service provision to an external company. In other words, it occurs when a company uses third-party services to carry out tasks for which the company itself lacks the capability.
The most positive aspect of outsourcing is its ability to meet the demands of all types of companies. From a startup that is taking off and has little financial support, to an established company looking to reduce costs without compromising the quality of its services.
In this way, a consulting company like Sandav would provide internal IT services to a company that lacks the capacity to perform certain tasks. Although the service itself depends on the nature of both companies, different businesses enjoy the benefits that outsourcing brings, such as:
