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Whereas before, outsourcing has been the domain of large organizations, it has now effectively taken its place alongside the enterprising entrepreneur. In fact, despite its history and original design, it seems to have befitted the small business even more so. And though it’s steadily rising in popularity, many are still wary. The skeptics that I know, however, are those who have had wild success with it because they have taken the time to criticize the model and thus, enabled themselves to work around its misgivings. In this article, we examine in brief some of those outsourcing pros and cons in hopes perhaps to convince the dubious and to tame down the overly enthusiastic. As Dave Walsh, author of Source Control, had said:
Without a smart system around it, outsourcing can steal more time than it saves…
Why do companies outsource? Here’s just a few reasons for outsourcing:
On the flip side of the coin, what are the disadvantages of outsourcing?
The risks of outsourcing might be a shorter list compared to its benefits, but they are not without impact. However, don’t make the mistake of thinking that these are actual reasons not to outsource. These are just the risks. If you invest the time to design a strategy that will mitigate those risks or create a contingency plan for when those risks do become a reality, then the benefits associated with outsourcing is well going to make it worth your valuable in-house resources.