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NO to Markups and YES to Transparency: The Virtual Colony Way

The reason the offshoring and outsourcing industry thrives and continues to flourish is because it provides services that help any business scale save on costs. Aside from that, the industry offers a variety of services that lighten up the load of any business that will otherwise time and resources when you can avail them in a much less costly way. 

With an abundance of offshoring and outsourcing companies in the Philippines, how do you know which one to partner up with?

Primarily, wanting to outsource your rather mundane tasks saves not only your time and money but also you get to focus on your company’s core functions. And with that in mind, choosing the right offshoring partner takes a lot of consideration. That’s where transparency comes into play. Like any other business owner, you prefer an offshore partner that bares it all and present you with a comprehensive proposal, showing a complete breakdown of all costs involved. Hidden charges are not a fun surprise when you are running a business. It sure does sets you back and definitely defeats the purpose of saving on costs. And what exactly are markups? 

*”Markup (or price spread) is the difference between the selling price of a good or service and cost. It is often expressed as a percentage over the cost. A markup is added into the total cost incurred by the producer of a good or service in order to cover the costs of doing business and create a profit. The total cost reflects the total amount of both fixed and variable expenses to produce and distribute a product.[1] Markup can be expressed as a fixed amount or as a percentage of the total cost or selling price.”

What if you can avail an offshore team without any markups and with complete transparency? Wouldn’t that be ideal?

Virtual Colony is an offshoring outsourcing company that offers exactly that. You might think that is too good to be true, oh but it is!

Virtual Colony’s values are:

While we specialize in the insurance process industry, we would also aim to provide value to various offshoring and outsourcing businesses by providing them quality talents to expand their team.

That being said, quality doesn’t always mean expensive. Virtual Colony is a company that supports any business scale and presents them with a business model that fits their needs. The company believes that by being transparent and straightforward with the costs of labour and other necessities for your offshore team and detailing you with all the breakdown of all your costs will assure you of the quality of the services we provide.  Moreover, we also have an all-inclusive blueprint from recruitment to execution

And here is the company’s *cost structure:

Virtual Colony offers a simple cost structure that is easy to manage and provides a detailed breakdown of your offshore costs. The company also has an outline of services and their corresponding charges according to the assistance that you require. In other words, you don’t have to worry about hidden charges as the company values transparency to ensure that you have a smooth sailing partnership together. 

*Sources