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The Benefits of Outsourcing for Small Businesses
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[QUOTE="King bell, post: 336872, member: 75687"] Small enterprises can enjoy advantages from outsourcing. Some important ones are: Cost savings: In some cases, it is cheaper to outsource certain tasks than to hire and train in-house staff. This spares small businesses additional rent for office space, purchase of equipment and employee benefits enabling them to allocate their resources more efficiently. Access to specialized expertise: Small businesses can gain access to a wide range of specialized skills and knowledge that might not be available internally through outsourcing. Among them may include IT, marketing accounting or customer service among others areas. Therefore, small companies acquire the services of professionals who have a lot of knowledge about what they do. Increased focus on core activities: Being a non-core activity, outsourcing enables owners of small businesses and their staffs to concentrate more on their main skills as well as strategic initiatives. What this means is that they need to delegate routine operations such as external providers who are focused on rising sales revenue by scaling business up or improvement products/service to achieve customer satisfaction. Enhanced flexibility and scalability: Outsourcing gives small enterprises more flexibility in response time towards changes in market situations or demands. They can easily scale down or upscale their outsourced services without any long-term obligations such as employees’ salaries or security contracts [/QUOTE]
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The Benefits of Outsourcing for Small Businesses
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