I came across this article that lists top outsourcing advantages. It’s pretty long so here are a few snippets that you might find interesting:
Outsourcing is the business practice of contracting with an outside party to take care of certain tasks instead of hiring new employees or assigning those tasks to existing staff. It’s a popular way for businesses to lower operational costs and streamline operations while still handling important functions.
Outsourced tasks may be occasional, such as hiring an accountant to do your taxes once a year. They may also be a regular part of business operations, such as contracting with a cleaning firm rather than hiring janitors as employees.
The Advantages of Outsourcing
The businesses you outsource to may be independent consultants or other large corporations. No matter the size of the business you work with, contracting out operational tasks can provide a variety of benefits.
From sole proprietors to large corporations, businesses of every size can use outsourcing to help their company grow and expand while keeping expenses as low as possible.
Focus on Core Activities
The back-office operations of a company tend to expand during periods of rapid growth. This expansion can tie up your human and financial resources at the expense of the core activities that made your company successful in the first place.
For example, let’s say your company lands a large contract that will significantly increase the volume of purchasing in a short period of time. By outsourcing purchasing responsibilities, you free up personnel to focus on the contract itself.
Maintain Lower Costs
Sometimes the expense of purchasing equipment or needing a new location can be prohibitive. In these cases, it’s more cost-effective to outsource than to expand operations internally.
If the growth of your business results in an increased need for office space, try outsourcing simple operations such as telemarketing or data entry rather than moving to a new location. It might cost far less than the price of expanding, and it is both more efficient and less expensive than relocating.
If you’re interested, you may find the full article here and let me know what you think. You can also direct any questions to my email firstname.lastname@example.org, or call me on 0488 548 854 if you want to discuss!