In this podcast episode, Derek is joined by Nick Sinclair of Outsourced Accountant. He came to the Philippines and built a back office and then pivoted into BPO that offers accounting niche. In the discussion, Nick talk more broadly about the opportunities of outsourcing and his thoughts potential for the future.
Key Points:
Australia is one of the most kind of protectionist states in many ways and it is an island it's kind of in the middle of nowhere, it's very limited workforce migration mobility and so as a result salaries are very high and kind of margins of pinch from every angle.
The niche is prime for outsourcing because of technology, because of the dynamics of what that industry is and that's why it's one of the fastest growing.
Resources:
https://outsourceaccelerator.com/115
http://www.nicksinclair.com.au/