A startup owner has to take varieties of aspects into account for the smooth functioning of the organization. Starting from ideation, development to marketing, there are various dimensions that the core team of a startup has to handle. On such occasions, a thought regarding outsourcing the product development is quite obvious to appear. But, it matters even more to have clarity on when to go for outsourcing the startup product development.
Is Outsourcing the Only Way for Startups?
Outsourcing product development is not like a standard de facto. The top companies also go for these services. Rather, startup owners need to understand how this outsourcing can be effective for their company. To make things simpler, below are the occasions when a startup should think of outsourcing.
1. When there is demand for superior technology for development
2. The company needs a larger team but doesn’t have the setup
3. A team of experienced contenders required for project-specific consultation
4. When there is customer support demand through the course of development
Also read: How To Choose The Best Technology Stack For Your Startup
Key Advantages Why Start-Ups Go for Outsourcing
It’s not that the start-ups simply opt for outsourcing product development because they don’t have other options. Rather, there are several benefits they can reap through outsourcing. Figured out here are some of the prominent benefits that the startups should make most of:
1. Making Things Productive
Productivity matters for startups the most. Outsourcing product development can certainly make the process faster and thus boost productivity. Facilitating the in-house development process involves various associated affairs, starting from the team’s recruitment to market research. Outsourcing to product development houses can relax the startup from all such hitches. Most importantly, it can assure you of quality as well.
2. No Hassle of Skill and Payout Assessment
No matter if you work with an in-house team or outsource, you have to compensate the people associated. Hiring an in-house team involves assessing education, skill, and other aspects and then deciding about the payment accordingly. Someone more experienced is obvious to demand more, which a start-up may always not provide.
But, upon outsourcing, there is scope to demand the best skill for your fixed price. Moreover, you can enquire through different sources about whether the company claiming something is worthy of it. All in all, the option for the best is more here than the mode of hiring an in-house team.
3. Inculcating the Team Spirit
Hiring a team and extracting the true team effort are two completely different aspects. Inculcation of teamwork mindset itself requires a qualified team leader and manager. Amidst a whole range of other affairs, it can be daunting for a startup to manage a team altogether. But, one doesn’t need to worry about these things upon hiring an offshore team. One doesn’t need to teach them teamwork as they already understand these things, and they also know how much it matters for them to handle things with perfection.
Also read: Software Development For Startups: Tips On Outsourcing Software Development Company
4. Dimension of Scalability
Nothing to be surprised about if the project requirements vary through its progression. This is why start-ups always keep the factor of scalability in mind throughout the course of development. Working with an in-house team, one may not be able to change the size of the team as and when required.
Sometimes you might not have substantial work for the entire team; still, you have to pay them. On some other occasions, you might lack a bigger team and resource, despite needing it immediately. Additionally, there come occasions when a key member of your existing opts to quit the company with short notice. There remain the concerns of accidents, health issues, etc. as well, of the team members.
However, there is no need for such worries when you go outsourcing the task. You have the complete freedom to reduce your team size, increase it, or keep it constant. Needless is to say that it’s a major benefit that every start-up thrives for.
5. Additional Needs of Testing and Bug Fixing
Product development is not the entire thing; being a start-up, one needs to address the other aspects of testing and bug fixing. There remain various micromanagement affairs for any flaw in which the concerned start-up remains responsible. Rather than hiring explicit teams for these, which demands extra efforts, it seems a better option to go for outsourcing.
With growing competitiveness, one simply can’t compromise with quality in any way. One can only expect perfection when all dimensions of an organization function smoothly. For a start-up, it may not always be possible to handle everything in the most streamlined fashion. Additionally, keeping the above benefits in mind, outsourcing certainly seems a better option for a startup for product development. At the same time, making the process productive eases down the task for the start-up in a significant fashion.
Mobio Solutions is a Startup Product Development Company that will guide you with strategic advice on the technology that fits best to your business solution. We work with startups and help to transform an idea into a successful product. We have successfully built and implemented more than 30 products for startups!