Outsourcing is something that all businesses can benefit from. But when should you outsource and when you should take on a task yourself? Here are just a few of the key times to consider outsourcing.
When it’s beyond your expertise
There are some jobs that you may simply not have the expertise to handle. While you may be able to teach yourself the required skills in some cases, this could still take a lot of time and energy.
Manufacturers for instance will often specialise in certain areas and outsource parts and other processes. You may specialise in casing for machinery but may require another company to handle electronics assembly. Without spending years studying electronics, there’s no way you can do this task yourself.
Legal support is another task that is commonly outsourced because it requires specialist expertise. Lawyers can help to explain business laws and may be able to help with tasks such as writing legal contracts, applying for trademarks or defending you against a lawsuit.
You don’t want to be outsourcing tasks that are your speciality. If you can competently handle a task, save yourself the money by doing it yourself.
When it saves you money
Another great time to outsource is when it could possibly save you money. Outsourcing does cost money, but there can be times when you make a return from it.
One example could be outsourcing a delivery service for your online store. Hiring your own team of delivery drivers and buying vehicles is likely to cost a huge amount compared to outsourcing a delivery service.
It’s also often more economical to outsource one-off tasks to save you from purchasing equipment and resources. If you need to print off and mail newsletters but don’t own a printer, you’ll save a lot of money by hiring a printing and mailing company to handle it the task for you.
Always do the math beforehand so that you can be certain that you’re going to save money. Don’t outsource something that you can do cheaper yourself if you can achieve the same level of quality doing it.
When it saves you a lot of time
There are many tasks which take up a lot of time. By outsourcing these tasks, it gives you more time to focus on more pressing things.
A lot of companies outsource office cleaning because it takes up a lot of time – even if it is something you and your employees can do yourself. It allows your team to focus on their core responsibilities, while a team of professional cleaners can then focus on keeping your office tidy.
Similarly, you may want to outsource a task like answering the phone if you’re constantly being barraged by calls and can’t focus on other tasks. A phonecall answering company can take all calls for you, so that you’re no longer having other tasks interrupted.
Of course, there’s no point outsourcing a task like answering phone calls if you rarely receive phone calls. You’re much better off handling these tasks yourself if they only cost you a small amount of time.
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