Loading...
Answers
MenuHow can I get data entry help for a newly started BPO company?
This question has no further details.
Answers
I would find talent on UpWork. If you post one job and include your Skype or Email the response will be overwhelming. I am not sure you are going to want some high quality candidates -- I'd create a Google Form with a series of questions to properly vet the candidates coming through. You can then put your top five candidates on a one week trial period measuring the quality and speed of their work to determine if you would like to continue working with them.
The answer in itself is simple, what you need is positioning.
Consider what areas within BPO plethora of services you are interested in or what are you really good at. Does that carry good profit margins? Is there an area you think within this niche that can be improved or rethought - to offer?
Do you have a website? is the website's funnel well thought out? Are you trying to position yourself a the niche leader through content such as tutorials, how tos, educational content, etc? Most large companies and even startups with 'huge' funding focus on content as their core driver of traffic. It shouldn't be considered a luxury but a key part of your marketing efforts. Because of the nature of your service, content is king for you. If you would like some help, www.Unthink.me is known globally as the most helpful marketing agency and we help small and new businesses through content :)
I would strongly consider automation where possible. It used to be cost prohibitive, especially in early days of the company, but now there are many out of the box solutions that can help.
Some of these exist on the major cloud providers like AWS Textract. Others are via API for products like Smartsheet. For bigger companies UiPath is a great solution.
Happy to help optimize as you want to scale and increase efficiency beyond humans.
I believe that this link will be helpful for you: https://www.bpodataentryhelp.com/
Besides if you do have any questions give me a call: https://clarity.fm/joy-brotonath
Related Questions
-
Should I charge for a pilot project?
Generally speaking, Yes. I say this for a couple primary reasons. 1) If you do not place value in your product, why should the customer? And if you are not charging for it you are not placing value on it. 2) the customer will be more "invested" in the success of something that has cost them something. If it was free and it fails, "who cares"? if it cost them resources they may be more interested in making it work. There could be overriding factors, but this is where I start with a question of this nature.MF
-
What happens to a convertible note if the company fails?
Convertible notes are by no means "earned." They are often easier to raise for early-stage companies who don't want to or can't raise an equity round. Equity rounds almost always require a simultaneous close of either the whole round or a defined "first close" representing a significant share of the raised amount. Where there are many participants in the round comprised mostly of small seed funds and/or angel investors, shepherding everyone to a closing date can be very difficult. If a company raises money on a note and the company fails, the investors are creditors, getting money back prior to any shareholder and any creditor that doesn't have security or statutory preference. In almost every case, convertible note holders in these situations would be lucky to get pennies back on the dollar. It would be highly unusual of / unheard of for a convertible note to come with personal guarantees. Happy to talk to you about the particulars of your situation and explain more to you based on what you're wanting to know.TW
-
What is the best way to write a cover letter to an early-stage startup?
Better than a cover letter is to actually proactively DO something to help them. It'll show them not only that you've researched them, but you're passionate about the startup and worth bringing on. A man got a job at Square early on for just making them a marketing video on his own (back before they had one). Since you're a web designer, design a stellar 1-pager that's targeting their message to a particular niche. Something they could use on social media or something. If they're like most startups, they're not interested in reading cover letters. They're interested in passionate individuals who can add value to the organization.AS
-
As a startup, is it better to find a way to pay for services (i.e. design) or trade equity for it?
Before I get to your question, let me give you a tip: always aim settle questions of payment before the work happens. It is ten times easier to agree on a price beforehand, and having done that doesn't stop you from changing it by mutual agreement later. The problem with paying cash is pretty obvious: you don't have a lot of it. The problems with paying equity are subtler. The first one is that early-stage equity is extremely hard to value. A second is that equity transactions require a lot of paperwork. Third is that entrepreneurs tend to value their equity much higher than other people would; if not, they wouldn't be starting the company. And fourth, people like designers are rarely expert in valuing businesses or the customs of of startup equity valuation. In the past, I've both given and received equity compensation, and it's a lot more of a pain than I expected. In the future, what I think I'd try is convertible debt. That is, I'd talk with the designer and agree on a fair-market wage. E.g. 100 hours x $100/hr = $10k. The next time we take investment, the $10k turns into stock at whatever price we agree with our investors, plus a discount because he was in before the investors. Note, though, that this will increase your legal costs and your deal complexity, so I'd personally only do this for a pretty significant amount of work. And I'd only do it for somebody I trusted and respected enough to have them around for the life of my business.WP
-
Business partner I want to bring on will invest more money than me, but will be less involved in operations, how do I split the company?
Cash money should be treated separately than sweat equity. There are practical reasons for this namely that sweat equity should always be granted in conjunction with a vesting agreement (standard in tech is 4 year but in other sectors, 3 is often the standard) but that cash money should not be subjected to vesting. Typically, if you're at the idea stage, the valuation of the actual cash going in (again for software) is anywhere between $300,000 and $1m (pre-money). If you're operating in any other type of industry, valuations would be much lower at the earliest stage. The best way to calculate sweat equity (in my experience) is to use this calculator as a guide: http://foundrs.com/. If you message me privately (via Clarity) with some more info on what the business is, I can tell you whether I would be helpful to you in a call.TW
the startups.com platform
Copyright © 2025 Startups.com. All rights reserved.