Dear Reader,
Sometimes you feel like knowing more about offshore & outsourcing & you don’t find anyone to ask for it? Being the CEO of outsourcing company, many of times people like you, ask me this question in email or on phone- “Please tell me the way you operate the business & how to proceed further?”
Let me break the problem into different chunks & solve it.
Lets understand – different offshore business methods:
We work using 3 offshore business methods:
1. Fixed Price Model: You tell us requirements, we estimate the efforts, you approve it, we work on it and you pay fixed money. You hold all intellectual property. Generally, online bidding falls under this model, where a buyer wants the lowest fixed price from the bids of sellers.
2. Monthly Price Model: You have lots of work, which you want to get it done regularly. You hire a person fully dedicated to you. You pay monthly salary. Again, you hold all intellectual property.
3. Partnership Model: You have the idea, but not much money. You want to get it implement it. In this case, we will evaluate the idea, develop it jointly and...