outsourcing

6 factors to determine whether you should outsource

Times are gone when outsourcing was reserved for large companies and multinationals. Today, businesses of all sizes are joining the wagon, and all for the benefits, it offers. Giving out some functions to a third-party service provider leaves you with enough time to focus on the core business aspect-growth. Plus, you can leverage the vendor’s vast resources and expertise, putting you ahead of the competition. Here are pros and cons to consider when thinking about outsourcing. However, outsourcing also poses some downsides such as losing control over business functions among others.