Optimize your company’s processes and costs with by outsourcing in Mexico
Do you know what outsourcing is and what its direct benefits are? We are sure you have heard this term before. However, for many people, it can cause confusion. In our article, we will talk about what outsourcing in Mexico involves, and the benefits for the companies or businesses that make use of this strategy.
What is outsourcing?
Talking about outsourcing is often a controversial topic. Outsourcing is nothing more than the subcontracting of employees or the subrogation of the workforce. Many companies, such as Telmex in Mexico, make use of subcontracted employees to perform the installation of their equipment in many homes.
This is done to pay a little their employees less, who are not directly hired within the company. By additionally focusing on the tasks of workers than have a contract. Subcontracted employees are not unionized and do not generate seniority. However, this does not mean that the company is exempt from responsibilities.
According to information on the website occ.com.mx, the SAT in 2018 made changes in the way subcontracting should be carried out. This was with the intention of protecting employees of companies that were not regularized. Additionally, in this update, the process to comply with all the rules by the companies was made known.
Benefits of Outsourcing in Mexico
Below we describe why Mexcentrix outsourcing services are really advantageous as a contracting model for many companies.
Significant cost reduction
Companies can reduce quite a few costs with this contracting model. Imagine that as an entrepreneur, you want to hire 10 professionals to perform inspection tasks that your area of supervision cannot afford to perform. These 10 employees will not be hired directly by you, so the labor can be paid cheaper. Usually, the staff is part of another company, which is in charge of fulfilling all the safety conditions of these employees.
Apart from all this, expenses are minimized by the human resources areas by not depending on them with a fixed salary.
By outsourcing, we avoid fines from the SAT
We already mentioned this, but it’s worth repeating. For the last two years, the SAT has made an emphasis on the strick regulations for companies that subcontract the services of personnel for different tasks. Just think about this: You are an entrepreneur who is going to hire 5 people to install modems and for each installation, you are going to pay 25 USD.
These payments can be made via deposit and justified as an extra expense but without the need to withhold taxes for the SAT, since these external suppliers do not belong to your company, but to another. In this case, the people who receive the profists are responsible to account to the tax authorities.
Continuous growth of your business
Many companies use this business model to consistently grow their business. If we assume that a business invests 10,000 USD in the payments of workers hired through outsourcing, but obtains profits of 75%; it will be able to reinvest the profits in hiring more personnel, progressing in a scalable way.
Let’s see it with an example: The first month, the company invests those 10,000 USD in labor that can be provided by an external supplier; from which it receives 75% in profits (after taxes). By the second month, the company will have 17,500 USD to invest in labor, which will give them a profit of 13,125 USD and will have 30,625 USD by the third month. Businesses can easily be scaled by outsourcing in Mexico.
Companies can look like specialists, without really being one
One of the biggest advantages of contracting external suppliers is that startups or established companies can offer services of which they may not be experts in. Company “A” may be able to offer its digital marketing services to thousands of clients, but the ones who will really take care of executing these tasks will be the external providers, or company “B”. This way company “A” will gain prestige as an expert in digital marketing, when in fact they may or may not be experts in that area.
Minimize expenses and investment in innovative equipment
Another great benefit of outsourcing is the fact that you don’t have to invest in buying big! No need to buy equipment to manufacture or offer innovative products to your customers. Why buy an expensive machine when many companies already have one?
In the case that you need to manufacture some industrial or artisan pieces; you can subcontract this service to a company that has the necessary machinery to take care of this. Of course, providing the quality and efficiency in the service that your clients expect.
It is not superfluous to tell you that you should pay special attention to the fact that your suppliers deliver quality and in the agreed times. You must also make a financial allocation to project the expected after-tax profits.
Why hire the services of an outsourcing company in Mexico?
Now that you know the benefits of outsourcing, perhaps you are wondering where to find specialized personnel. Mexcentrix’s team will be happy to guide you through more information. We have all the know-how and the profiles you need to carry out the process of outsourcing personnel in Mexico.
In case you need to hire a specialist, you will not depend on interviewing thousands of candidates; our outsourcing company will be able to do this for you.
But that’s not all. Did you know that there are outsourcing companies that can even help you set up your own company in Mexico? Or, instead , send machining directly from abroad to Mexico, where labor is much cheaper?
Hiring an outsourcing company will allow you this and much more. Scale your business quickly with the help of specialists, innovating, focusing on your responsibilities, and saving money.
We invite you to think about outsourcing as an alternative to your company or startup. We are sure that it will be very helpful to you.