The Pros And Cons Of Outsourcing

I came across this article that lists the pros and cons of outsourcing. Here are a few snippets that you might find interesting:

With outsourcing growth expected in the years to come, there may never be a better time to learn more about this topic. Before you move forward, it’s imperative to compare the pros and cons of outsourcing. And it's also very important to understand the effect outsourcing can have on company culture.

Advantages Of Outsourcing

Knowing the benefits of outsourcing will help you decide if this is something that could work for your business. Here are three reasons to give this a try:

1. You Don’t Have To Hire More Employees

When you outsource, you can pay your help as a contractor. This allows you to avoid bringing an employee into the company, which saves you money on everything from benefits to training.

2. Access To A Larger Talent Pool

When hiring an employee, you may only have access to a small, local talent pool. This often means you have to compromise. Many companies have found that outsourcing gives them access to talent in other parts of the world. If you need specialized help, it often makes sense to expand your search.

Cons Of Outsourcing

Despite the many benefits of outsourcing, you don’t want to go down this path until you compare these to the potential drawbacks:

1. Lack Of Control

Although you can provide direction in regard to what you need to accomplish, you give up some control when you outsource.

There are many reasons for this, including the fact that you are often hiring a contractor instead of an employee. And since the person is not working on-site, it can be difficult to maintain the level of control you desire.

2. Communication Issues

This doesn’t always come into play, but it’s one of the biggest potential drawbacks. Here are several questions to ask:

? What time zone does the person live in and how does this match up with your business hours?

If you’re interested, you may find the full article here and let me know what you think. You can also direct any questions to my email [email protected], or call me on 0488 548 854 if you want to discuss!

Thanks,

Jess