))
Business Models: Outsourcing | The Ambition Show | Episode 31
Manage episode 419831638 series 2848148
Innhold levert av Ehren Muhammad. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Ehren Muhammad eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
What was once a misunderstood and looked down upon business practice has quickly become the standard. Outsourcing could be the operating model you need to start or grow your business.
Outsourcing describes when a business obtains a product or service from an outside provider, rather than handling it in-house. As a small business, outsourcing allows you to get more done and trust important tasks and processes to professionals, without having to actually grow your full-time team in a significant way.
The Pros and Cons of Outsourcing- PROS
- Keep Payroll low
- Easier Tax process
- Reduces operating expenses
- CONS
- Brain Drain
- Increase Unemployment Rate
- Investopedia article: https://www.investopedia.com/financial-edge/0312/4-ways-outsourcing-damages-industry.aspx
- Free up time for FTEs
- Outsourcing as a business
- Recruiting and Subcontracting
- Referrals
- Bring value to your network
- Earn income from affiliations
- I grew my team into an agency
- Outsourced SEO and Graphic Design services
WHAT TO READ “Idea to Execution: How to Optimize, Automate, and Outsource Everything in Your Business” by Ari Meisel and Nick Sonnenberg
STAY CONNECTED:
Visit: https://www.ambitionshow.com/podcast
Like: https://www.facebook.com/theambitionshowpodcast
Follow: https://www.instagram.com/theambitionshow/
Connect and Free Resources: https://www.ambitionshow.com/blog
39 episoder
Del
