Outsourcing Scams, Who to Trust With Your Business?
Outsourcing is a viable business model, unfortunately this opens up opportunity for outsourcing scams. Knowing who to trust with your business venture is a key element for success.
There are many reasons why companies outsource their work, but the main purpose is to increase ROI.
Why Should I Outsource?
The number one reason for outsourcing is quite obvious, that is saving money, but time can also be a factor. After all, time is money, right?
Outsourcing is an excellent option when it comes to cost effective productivity, but outsourcing scams can cost you both time and money, so who do you trust?
There are many times when hiring an employee is just not feasible, especially when it comes to one time, or occasional tasks. Growing your business requires teamwork, and ousourcing teams can help you in a positive way.
Some of these tasks may include website construction and management, or BPO Services.
Some of the most common in the website creation and management areas are;
- Content creation and management
- Creative Design for your illustrations and even you logo
- Professional Audio and Video for your website, advertising, and promotions
- Media, and social media monitoring so you will know what is working best for you
- Market, and other essential business research activities
- Background Checks, and other investigations to avoid outsourcing scams
There are many other things like Engineering Services, Data Management, and Transcription Services that are often outsourced, so who do you trust with your sensitive business information?
Outsourcing scammers often focus around these services, and it may not be for the reasons you think.
Avoid Outsourcing Scams
In order to avoid getting scammed, one must consider the reasons why you would be a target for these scammers.
Other than just stealing your time and money with inadequate services, there are other issues involved.
We all know about ID theft, and we take careful measures to protect ourselves against credit card and bank fraud through the theft of our personal information, but what about data breaches of our business?
I am sure we take the same safeguard measures when it comes to protecting our business finances, but protecting our business data is also important.
Even if your business does not include “trade secrets”, there are many other things that can be compromised.
Mailing lists, and personal information of customers and business associates are hot items when it comes to scammers. These are often compromised and sold to other unscrupulous entities, or they can be used by the scammers themselves.
Data Theft by Outsourcing Scammers
Believe it or not, money is not always the motive for data theft. A growing trend seems to be data breaches for political “social justice”, or competitor sabotage. This opens up a new market for outsourcing scammers to sell your business information.
Avoiding outsourcing scams with proper investigations of the outsourcers you hire is essential. All of the text links above go to trusted outsourcing sites. If you have any questions, or need assistance, please comment below.