Imagine you’re currently participating in the Y Combinator startup programme. You have been putting a lot of effort into your product idea for a few months now, but you have now recognised that you need to change course. You are positive that in order to convince investors that your idea is worthwhile, you must create this brand-new, industry-disrupting product or service.
You now have just one month to create something entirely new and pitch it to venture capitalists at Demo Day. However, you require assistance because you lack technical knowledge for this specific function or product. There is a solution, so don't panic: engage an offshore development team.
Why Is It Necessary for Your Startup to Hire Offshore Developers?
In comparison to in-house development, about 72% of businesses favour outsourcing software development, according to a global outsourcing survey by Deloitte. However, why do businesses prefer Hire an offshore development team? Here are a few of the explanations that would help you resolve that query.
1. Cost-efficient
One of the main things that kills startups is cost. Approximately 46% of businesses fail because they run out of money, according to a Quartz research. It's quite improbable that firms who recruit offshore development teams would experience the same fate.
It's because outsourcing eliminates overhead expenses like payroll, office rent, vacations, insurance benefits, and hiring fees, among others.
2. Time savings and increased output
Hiring an offshore development team enhances overall production while also saving time. Given that startups are created in an environment of intense competition, time is a key consideration.
With a specialised development team in place, you won't need to spend any time on project management procedures or other HR tasks like employee retention because the vendor firm will handle everything.
3. Gain access to more talent sources
You have access to a broader talent pool when you outsource, which is one of its main benefits. In developed nations like the US and Western Europe, it might be challenging to locate developers of high calibre. It's because the biggest software companies have already hired the best coders, providing them with benefits, substantial salaries, alluring perks, job security, and a comfortable lifestyle.
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Flexibility
Regarding the in-house team, flexibility is a major concern. It's because it's challenging for the business to scale its workforce and alter its technology stack to better suit the nature and stage of the project.
How To Hire An Offshore Development Team?
1. Set your needs and objectives.
To decide how to outsource your project, you must first know what you want. Although it should be evident, many people don't take this step as seriously as they should.
What sort of application are you planning to create? What kind of developers do you require? What abilities must they possess? What kind of infrastructure is needed for the project? How long will it take to reach the market? What standards are there for quality? How will the product be tested? What is the suggested budget? How do you prepare for unforeseen circumstances?
2. Establish Your Budget
Of course, if their wage rates don't fit your budget, you can't recruit an overseas coder. Make sure the agency specifies the services and infrastructure that are included in the total expenses of the project as well as those that are not. Utilising the outstaffing agency's superior infrastructure, which the customer lacks, is one of the main reasons businesses outsource.
Therefore, the cost of utilising the agency's infrastructure must be included in the final cost. Be careful since, while you shouldn't choose the lowest agency, price does not always equate to quality. An agency's proposal for funding must be commensurate with both the value and the services it offers.
3. Contact Your Favourite Developers
It's time to choose the remote vendors you believe would be a good fit for your project once you've decided how to outsource it, where you want to outsource it to, and what it would look like. If it's an agency, look for a portfolio of previous projects they've worked on on their website. Request the resumes and personal portfolios of the individual freelancers.
4. Review the skill set
A test will be the best way to learn more about the skills of the developers you are recruiting. There are various tools and various methods for conducting assessments. However, they all seek to answer the question of whether the developer is worth their salt.
With ProCoders, Who Can You Hire?
Offshore development companies have access to programmers with a wide range of technical backgrounds and skill levels. They will be able to locate Node experts for you in a flash. You name it: JavaScript, Python, ReactJS, Flutter, ReactNative, Ruby, DOM, PHP, HTML, WordPress, and more!
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