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How to Outsource Tasks so you can Focus on What you do Best

How to Outsource Tasks so you can Focus on What you do Best

May 8, 2019

If you’re like most small-business owners, you’re notoriously overworked and understaffed. It’s understandable – you’re trying to get a venture off the ground, and you’re mostly bootstrapping the process.

You’re not alone in this!

Many small business owners start the same way. Fortunately, there are some easy steps you can take to ensure you’re not taking on more than you can chew, or that you’re finding people to handle the things that you can’t or won’t. This is where outsourcing comes in.

Here’s what you need to know about how (and when) to outsource:

Why Outsourcing Works

There are dozens of benefits of outsourcing. Before we discuss those, though, let’s talk about what outsourcing is: outsourcing is the practice of contracting out business functions and processes to a third-party provider.

The benefits of outsourcing can be massive. They include but aren’t limited to cost savings, efficiency gains, and an increased competitive advantage. Outsourcing may also allow you to increase your reach and connect with a larger variety of audiences and customers.

The drawbacks of outsourcing, though, is a loss of control and the ownership of a product by someone else. There may also be issues with confidentiality and security as well as service delivery, which may fall behind the time frame or be below expectation.

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Kyle McMurry