Outsourcing
News and Articles About Outsourcing
How to Specialize Without Locking Your Startup Out of the Market
5 Tips for Outsourcing Product Development
Be Known for Not Skimping on Customer Service
Why Relying on Gig Workers to Fill Your Skills Gap is Lazy
Building and Leading an Offshore Team Across the World's Time Zones
Is the Gig Economy Sustainable?
Kylie Jenner Learns a Harsh Business Lesson That You Already Know
When Should You Outsource Work? How Do You Stay Motivated? Click Play and Learn.
Entrepreneurs Who Speak for Themselves Don't Need to Hire PR
Remember the War-torn Balkans? Entrepreneurship There Is Now on the Rise.
The Marketing Help You Need, But Can't Afford
Every Entrepreneur Should Outsource These 3 Key Tasks
20 Online Invoice Solutions That Offer More Than Just Invoicing
7 Questions to Ask Freelancers Before You Send Them Work
Outsourcing is a cost-saving practice used by companies where a company relies on an external source to get a company need met, whether it be in business processes, information technology, manufacturing or material supplies.
Types of outsourcing: There are various types of outsourcing -- from highly specialized knowledge to highly repetitive tasks -- that companies use, such as IT outsourcing, customer service outsourcing, or business process outsourcing, which includes typically internal office functions such as human resources and accounting.
To watch out for: Most individuals outsourced by companies are considered independent contractors; however, the IRS has strict rules about who is considered an independent contractor versus an employee -- the latter of which the employer is responsible for paying social security taxes and employee benefits, so be sure to check the federal government’s “The Employer’s Supplemental Tax Guide” or “Independent Contractor or Employee?” for guidelines.
Helpful outsourcing resources: “Outsourcing”; “How to Build a Better Business with Outsourcing”; “The Pros and Cons of Sourcing.”