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Outsourcing is an arrangement in which one company providesservices for another company that could also be or usuallyhave been provided in-house. Outsourcing is a trend that isbecoming more common in information technology and otherindustries for services that have usually been regarded asintrinsic to managing a business. In some cases, the entireinformation management of a company is outsourced, includingplanning and business analysis as well as the installation,management, and servicing of the network and workstations.

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What is Outsourcing?

What are the reasons for Outsourcing?

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Transfer of risk

Cost saving

Saves timeTechnology know-how

Focus on core processes

How to do Outsourcing?

Start with the basics

• You have to have a website; even if it’s simple to startyou need a hub to send people to for more information.

Tools to Simplify

• Invest in tools you’re going to use presently. If you tryto buy the latest and greatest shiny tool you can burnthrough a lot of money quickly.

Online Marketing Training

• Invest only in training that you actually need and thatyou’ll take action to implement and training will bestsupport in the marketing methods you will use.

Get the Support You Need

• If you’re wasting a lot of time doing mundane tasksthat could be done by an assistant, you are wastingtime that you could be spending on income generatingactivities, so take the virtual assistance.

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