8 Ways Outsourcing Could Grow Your Business

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As a small business owner, you tend to have your hand in every pot. Yet, handing off various tasks of your business could free up time on your schedule to refocus your attention back to your core practices. As your business starts to grow, so should your team!

If you’re one of the many entrepreneurs who’ve started your business from the ground up, you may still think you should be involved with every aspect of your business. Yet, there’s a giant hub of trusted professionals that could take on your least favorite tasks without a sweat. Outsourcing to those who’ve mastered these tasks could potentially get each project done faster and better than your team at unbeatable prices.

With the constant evolution of the internet, there’s an endless amount of professionals available right at your fingertips. Not to mention the number of professionals that are choosing to be freelancers. Thanks to platforms like Upwork, Fiverr, and Skyword, freelancers are able to work from anywhere in the world at exceptional rates.

Did you know that 37% of businesses that outsource hire in accounting or IT to avoid hiring in-house? Or how outsourcing could save your business up to 60% in operational costs?

The global market for outsourcing was valued at $85.6 billion in 2018 and is projected to continue it’s growth dramatically. 

As you clicked on this article, you may be considering outsourcing tasks of your own. Follow Fundera’s flowchart to see if it may be the right choice to tap into your business savings account:

Could Your Business Reap the Benefits of Outsourcing?

8 Ways Outsourcing Could Grow Your Business

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