7 reasons why nearshore is great for Startups

Everyone who currently tries to assemble a proper, high-quality software development team knows how hard it can be. Either it is a lack of qualified, talented professionals available or the difficulty of making them choose you, it is truly a herculean task. In fact, it can easily get to that point where you feel like it’s utterly impossible. 

But not when you have a nearshore partner who has the great professionals your startup needs, almost ready to start working with you. And, of course, if you choose the right country (like Portugal, yes!) and partner,  it means you won’t have the slightest decrease in labour quality. Having the best professionals quickly and without any of those HR headaches is a reality.
Of course, startups could hire local or national outsourcing companies to hire and assemble those IT teams. But will it be any easier, faster, on budget and with the much-needed quality? 

Time is one of the most important assets of today’s world. Everyone needs more time, and everyone needs to use it wisely. Companies have to effectively use each resource – but startups depend on that.   

Choosing a nearshore software development team will radically cut the time invested in finding, recruiting and training the best professionals for each position. It certainly feels amazing when a competent nearshoring company nearby does all that hard work for you. 

When choosing a nearshore company to partner with, startups should go on to favour the ones who genuinely care about their partners and show extended knowledge about their business. A nearshoring company should be able to deliver the best-customised solutions for each client’s needs. 

This means that the startup benefits from the advanced knowledge of the nearshore team. Their new nearshore software development team will analyse factors such as business objectives, company size, target audience, type of technology available, amongst others. After that, they suggest the best solution to foster sustainable innovation and progress. And it starts taking us to the huge 4th benefit.

Startups are great and full of high-quality and disruptive professionals. However, like anything new and revolutionary, they are like teenagers still figuring out the best way of becoming themselves. And a nearshore company might perfectly be that cool older cousin who’s always there ready to lend a helping hand and showing how to make the best out of life. 

Nearshore companies offer their experience and talent, not only in the same industry but in many others as well. That’s what we do at e.near. For those who are open to fully take that advantage, it might be game-changing. Once the partnership is established, the startup has privileged access to a source of expertise and experience that can, in fact, improve the startup business. 

It is known that one of the causes for the failure of many startups is running out of capital before reaching a sustainable cash flow.  At first glance, it would seem that the option offering the best cost efficiency is to build an in-house software development team. But in fact, it’s not. That’s because hiring and training high-quality IT professionals is nowhere near being cheap. And hiring national professionals for a low-cost price might seem amazing, but it doesn’t come without great risks (and higher costs, for sure).

As said before, nearshoring is cost-effective because it makes management improve and communications faster – reducing those costs. But, on another level, just take everyday overhead expenses that come along with the hiring of each new employee, for instance. Startups, just like any other company, will have to cover those – and those will probably keep growing over time. Opting for a nearshore solution will save you those costs too. 

Besides that, nearshore offers a certain quality guarantee – this being true for both the professionalism and talent of the professionals and the nearshore company also monitoring the project itself, offering its knowledge and expertise. Nearshoring comes as the win-win solution of having great professionals without ruining the budget over time.

We know how important work culture is. And how valuable it is for startups.  Having a company culture positively affects the well being of employees.  It also smooths the way each project runs. Despite that, according to Forbes, it even impacts productivity itself. 

Our amazing professionals know that. They are trained to, first of all, adapt themselves to the culture of the company they’re working for.   Then, they try to absorb as much of it as possible. By doing this, they know they can fit perfectly into each situation. Startups are not only free to communicate, but also to involve those team members in every type of activity. This means that our teams can and should be inserted in the decision-making processes, and even in team-building activities. In fact, Deloitte wrote that not being present at the office has no impact on this. They stated that “COVID-19 has banished the idea that physical co-location of resources is necessary to develop a trusting relationship in the workplace.” But our clients already knew it for a long time now.

It is known that one of the causes for the failure of many startups is running out of capital before reaching a sustainable cash flow.  At first glance, it would seem that the option offering the best cost efficiency is to build an in-house software development team. But in fact, it’s not. That’s because hiring and training high-quality IT professionals is nowhere near being cheap. And hiring national professionals for a low-cost price might seem amazing, but it doesn’t come without great risks (and higher costs, for sure).

As said before, nearshoring is cost-effective because it makes management improve and communications faster – reducing those costs. But, on another level, just take everyday overhead expenses that come along with the hiring of each new employee, for instance. Startups, just like any other company, will have to cover those – and those will probably keep growing over time. Opting for a nearshore solution will save you those costs too. 

Besides that, nearshore offers a certain quality guarantee – this being true for both the professionalism and talent of the professionals and the nearshore company also monitoring the project itself, offering its knowledge and expertise. Nearshoring comes as the win-win solution of having great professionals without ruining the budget over time.