News

Outsourcing some tasks can keep you focused on your business

Outsourcing can save money, but that’s not the only reason to do it. As many companies discovered during the outsourcing mania of the early 1990s, outsourcing too much can be an even bigger mistake than not outsourcing any work at all. The flat economy led many companies into huge layoffs, and they subsequently outsourced functions that were better kept in-house. Wise outsourcing, however, can provide a number of long-term benefits:

Control capital costs: Outsourcing converts fixed costs into variable costs, releases capital for investment elsewhere in your business, and allows you to avoid large expenditures in the early stages of your business. Outsourcing can also make your company more attractive to investors, because you’re able to pump more capital directly into revenue-producing activities.

AllBusiness.com

Full Story: http://sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2005/12/21/BUGTMGB0I51.DTL&type=business

News Catrgory Sponspor:


Dorsey & Whitney - An International business law firm, applying a business perspective to clients' needs in Missoula, Montana and beyond.

Leave a Comment

You must be logged in to post a comment.