Strategic Outsourcing Solutions

Type: Consulting/Outsourcing.

Nowadays it is very easy to start almost any type of business even if you have little or no capital, skills, or experience. It is even easier for virtual services such as writing, graphic designing, and web development due to the abundance of cheap freelancers available on platforms like Fiverr.

Outsourcing is simply the use of outside resources to perform activities that would be traditionally handled by internal staff.
In this case, you can advertise yourself as an expert in a certain field, and whenever a client pays you for some work, all you have to do is find a freelancer willing to do the same job for a cheaper price and then outsource the work to them.

Key Service/s for Sale
Outsourced professional services in writing, graphic designing, web development, and more

Technology Considerations
Utilization of online freelancing platforms (e.g., Fiverr and Upwork), Working Internet, A laptop, desktop or smartphone.

Market for the Services
Businesses and individuals seeking cost-effective and high-quality professional services

Key Inputs into the Business
Marketing skills, client relationship management, and understanding of outsourcing platforms

Service Delivery Process Client engagement, project assessment, outsourcing to freelancers, quality control – Using sites like UpWork and Fiver makes this very easy because they quality check the work done and the clients

Quality Considerations
Ensuring deliverables meet or exceed client expectations

Cost of Investment
Low to moderate (initial marketing and relationship-building costs Marketing yourself on social media meaning boosting of posts which would be 10,000 a month across Facebook, Instagram and twitter If you have a good following then this is not a must.
Subscription on Fiver per month is 5 dollars which is 785 KSH

Required Operational Infrastructure
Computer, internet connection, communication tools

Most Suitable or Viable Location
Operable from anywhere with a stable internet connection

Potential Sources of Investment Capital
Self-funding, partnerships with freelancers, marketing collaborations

Requirements for Effective Management
Client acquisition strategy, project management, quality assurance

Role of Mobile Phone and ICT
Crucial for communication, project tracking, and managing client relationships

Statutory Regulations and Licenses
Adherence to business registration and legal requirements

Pricing
Competitive pricing based on market rates, ensuring a profitable margin.
Profitability
High-profit potential due to cost-effective outsourcing, with the ability to handle multiple projects simultaneously. For example, if a client pays you Ksh. 5,000 to design a logo, and you can find someone on Fiverr who does it for just Ksh.500. Your profit margin at the end of the day will be Ksh.4,500.