What is Outsourcing

Outsourcing is the business practice of hiring a party outside a company to perform services and create goods that traditionally were performed in-house by the company's own employees and staff. Outsourcing is a practice usually undertaken by companies as a cost-cutting measure. As such, it can affect a wide range of jobs, ranging from customer support to manufacturing to the back office.

Sometimes a company experiences growth at a rate that it cannot support with its own, internal staff. To keep up the pace, the firm can choose to hire a VA, to deploy as needed and where needed in its operations without interrupting its business flow. Additionally, a company might have processes that only take place for a short time, making it much more efficient to hire a temporary, outsourced team of workers for completion. If the company implements a new process it can outsource the work to trained workers, instead of investing the time, money and effort to train and maintain internal workers.

Outsourcing can be used for any position whatsoever, but today we see companies using it for non-fundamental roles, those whose function is to provide support to the central infrastructure of the company or aid in the day-to-day operations of the company.

The biggest reason why they procrastinate and not pull the trigger with outsourcing,is because they really don’t have a clue what tasks they would outsource in the first place!