Most small and medium sized business owners struggle with trying to be all things to all people. Thus, there is no time or energy left over to spend on their key strengths and growing the business.
Perhaps it is time to conduct a cost-benefit analysis and see what the adage “it’s cheaper to do it all myself” is really costing you. We are not disputing the fact that you can’t do it, but are asking the question should you be doing it?
Cost-Benefit Analysis of Outsourcing
Advantages of Outsourcing
There are many advantages of outsourcing the non-core functions of your business. These advantages can be grouped in the following categories:
Stay Focused on your core Business
By not spending time on the details, you can focus on the reasons you went into business for yourself, and the key strengths you and your staff can be put to best use.
As your business grows, or your needs change, an outsourced partner can adapt the services being provided with no infrastructure costs incurred by you.