Why Outsource to thePhilippines?

TABLE OF CONTENTS

What is outsourcing? 03

What are virtual assistants? 04

How small businesses benefit? 06

Benefits of outsourcing? 05

What can you delegate 07

What choose the Philippines? 09

With the help of outsourced virtual assistants, time-consuming

menial tasks can be delegated outside of your team, allowing you

to focus on activities that can grow your company and take it to

the next level.

"Small business,

augmented by a global

pool of human capital,

can compete directly

with the biggest players

in their space, and win." - David Walsh, Author of Source Control

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For entrepreneurs and small teams, it

can be nearly impossible to scale a

business when each day is filled with

mundane administrative work that

consumes hours of productivity.

What is outsourcing?Outsourcing is the practice of hiring an outside party to

perform duties that are traditionally completed in-house.¹

The process of outsourcing has

completely transformed the modern

business landscape and it shows no

signs of slowing down. In 2019, the

global market size for the

outsourcing industry was $92.5

billion USD² and is expected to

increase at a CAGR of 10% in 2020³.

Companies all over the world have

found themselves saving money and

time, all while making positive

economic contributions to the global

economy.

Don’t think that big businesses like

Amazon, Verizon, and Apple are the

only companies who can gain from

BPO. Often, small companies and

entrepreneurs reap the most

rewards from utilizing this business

strategy.   3

For small teams and solopreneurs,

most of the productive time during the

week is spent completing basic

administrative tasks. Of course, these

are necessary for all businesses to stay

afloat, but can be detrimental to

advancing new business strategy and

growth.

Outsourcing these important yet

draining duties to remote virtual

assistants gives small teams hours of

precious time back each day. Instead

of responding to customer inquiries,

and keeping up with social media

mentions and comments, your team

can focus on optimizing your company

to reach relevant KPIs.  Plus, when

your employees get to utilize their

unique skill-sets (instead of focusing

on work that anyone could do) you get

so much more value.

A virtual assistant is a third-party that provides business support from a remote location.

What is a virtual assistant?

4

The Difference Between Virtual Assistants and Freelancers

Virtual assistants, on the other hand, are

employees of outsourcing firms. They are

matched with each project according to their

experience level and managed directly to

ensure that their quality of work matches

client expectations. Their work is constantly monitored by their project managers to ensure that each hour is productive.

Many people confuse virtual assistants with freelancers. While both

individuals can perform work for your business offsite, there are many

variances between the two. 

Freelancers are independent contractors who take on clients at will.

Freelancers set their own rates, create their own processes, and are often

completely alone in a work-from-home setting. 

Cost Savings

A worker in the Philippines will

cost you 80% less than their

American counterparts. In the

United States, the average

minimum wage is $7.25 per

hour. A candidate in the job

market at seeking a minimum

wage position will typically

have little to no experience,

and depending on where

you’re located and the cost of

living, minimum wages can be

as much as $15.00 per hour.⁴

In the Philippines, the average

worker earns an hourly rate

equivalent to only $6.80 USD.⁵

What are the benefits of outsourcing?Virtual employees can result in massive increases in outputand cost effectiveness for your business.

Minimized ExpensesSince your outsourced virtual

assistants are employees of

another company, you'll never

have to worry about adding

additional employees to your

payroll, paying taxes, providing

benefits, paying for internet

connection, or any other

technical resources needed.

More Productivity As you eliminate basic tasks

from your daily schedule, you’ll

have hours of additional time

to focus on growing your

business.

5

Virtual assistants can make a bigsignificant impact on entrepreneurs

and small business owners. Let’s face it, most entrepreneurs and SMB owners go into business to

experience more freedom and autonomy. However, the truth is, it typically

means increased workloads and 50+ hour work weeks.

Unfortunately, most of these hours

are spent completing menial tasks like

responding to emails, contacting

business leads, and data entry. But if

that time was utilized for business or

strategy development, it could result

in incredible business growth.

Although administrative work is

essential for all businesses, small

teams may have more difficulty

staying on top of everything.

Inevitably, this can result in a backlog,

and more time is focused on 

playing catch-up... leaving innovative

ideas and projects lagging on the

back-burner.

Outsourcing things like customer

service, lead follow-up, incoming calls

and more can save your business

tens of hours each week - giving you

more time to focus on growing your

business. Now you and your team

will have more time to focus on

things like branding, and other

developmental improvements that

create opportunities to scale.

6

At Stealth Agents, our virtual assistants are able to help you with

customer service, inbound and outbound phone support,

administrative tasks like data entry and email organization, graphic

design, eCommerce store management, and more. After a  thorough

audit of your business, we work together to select an experienced

virtual assistant for your project, our team completes an in-depth

training, and your virtual assistant gets to work. Our clients receive

daily, weekly, and monthly updates on the status and relevant KPIs.

What kind of tasks canyou outsource?

87

Our Services

English Literacy The Philippines is secondonly to India in the world ofbusiness processoutsourcing. Consequently,English literacy isexceptionally high, asparents and students see itas a necessary skill to becompetitive in the jobmarket. 

Why outsource tothe Philippines?

Low Cost of LivingIn the Philippines, $1.00 USDis equivalent to a little morethan ₱50.00 Philippine Pesos.According to Salary Explorer,the average Filipino workerearns an average salary of₱54,600 Pesos per month,which is equivalent to $1,092USD per month. This meansthe average worker is making341.25 Pesos or $6.80 USDper hour.⁵

24/7 Support OpportunitiesThe Philippines time zone is 13 hoursahead of EST. Due to BPO's majorcontribution to the nation's GDP,accommodating U.S. business hoursis normalized. But the timedifference also gives you the optionto keep your business operatingwhile your competitors are stillsleeping. Imagine coming into theoffice and realizing that your virtualagents have already taken care oflarge parts of your to-do list,overnight. 9

Why outsource tothe Philippines?

Ready to maximizeyour company's

productivity?

SCHEDULE A FREECONSULTATION

REFERENCES Investopedia. (2019, June 25). Outsourcing Definition. Retrievedfrom https://www.investopedia.com/terms/o/outsourcing.asp.Statista. (2020, January). Global market size of outsourced services from 2000 to 2019.Retrieved from https://www.statista.com/statistics/189788/global-outsourcing-market-size/.Business Wire. (2020, February 11). Global Business Process Outsourcing Market2020-2024 | 10% CAGR Projection Through 2024 | Technavio. Retrieved fromhttps://www.businesswire.com/news/home/20200211005637/en/Global-Business-Process-Outsourcing-Market-2020-2024-10New York State (n.d.). New York State's Minimum Wage. Retrieved fromhttps://www.ny.gov/new-york-states-minimum-wage/new-york-states-minimum-wage.Salary Explorer (n.d.). Average Salary in the Philippines 2020. Retrieved fromhttp://www.salaryexplorer.com/salary-survey.php?loc=171&loctype=1

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