5 Great Tips to Outsourcing Your Small Business and Save Money

5 Tips to Outsourcing

There has previously been a negative stigma towards outsourcing, especially in the small business communities. Never the less, it should be considered as a vital resource in the success of any small business. Small businesses that outsource some of its non-core functions can add value to their bottom line. Looking at outsourcing in a small business function, here are some tips that could help that bottom line:

#1 Small Business Marketing and Financial Services Outsourcing

Having a clear marketing plan is essential to the continued growth of any small business. By outsourcing your small business marketing and financial services your company could save substantially. Look at options such as a for-hire CFO and an outside accounting team to help grow your small business. These choices could give your small business some high priced strategies without the high price tag.

#2 Small Business Human Resources Outsourcing

It can be costly to a small business to maintain a human resource department with all the constant changes in employee benefits and healthcare packages. Using an outsourced human resources firm can help your small business find the most affordable benefits and healthcare packages without the high overhead. Small businesses that choose to outsource their human resources must make sure that they hire an organization that can grow as their business grows.

#3 Small Business Legal Assistance Outsourcing

It is just not cost effective for a small business to have an in-house legal department. Most law firms that are contracted as outsourced for small businesses have the expertise to work with local, state, and federal laws.

#4 Small Business Technology Outsourcing

It used to be that outsourcing your IT needs meant that you were contracting with an overseas company. Increased costs and concerns for quality customer service has brought many IT outsourcing companies back onshore again. Because of competition, infrastructure problems, and skills quality, the costs on IT outsourcing has dropped significantly.

#5 Small Business Website Assistance

Many small businesses are not in a position to have their own website built within the company. There is huge competition and therefore great savings in outsourcing your website. When it comes to a well designed, easy to navigate website, complete with the appropriate search engine optimization tools and other marketing functions, you need professionals.

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gevans411 profile image

gevans411 4 years ago from Boston, MA

Interesting, seems like a lot of these points align strongly with the "4 hour work week" type of philosophy that is becoming more and more popular.

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