WHY SMALL BUSINESSES SHOULD OUTSOURCE THINGS THAT ARE NOT THEIR CORE COMPETENCY TO AN EXPERT – REASON THREE

Reduce Operating Costs

Companies that try to do everything themselves may well incur higher operating costs for non core areas such as accounting and marketing, which are then passed on to the customer. An outside expert’s lower cost structure, which may be the result of a greater economy of scale or other advantages based on specialization, reduces a company’s operating costs which in turn increases its competitive advantage.

Thanks to Next Level for this series of compelling reasons why it makes sense for small businesses to outsource during recession and beyond. For more great tips, check out Next Level's blog, site or FB page.. Find the pros you need and list your own business also on the OED Community.