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Should You Outsource?

It’s the old question that entrepreneurs always ask themselves, especially in the early stages of their small businesses. Should certain tasks or items be outsourced to professionals outside the company? Is it worth it to outsource?

Sometimes, outsourcing is necessary, especially if nobody at the business possesses the necessary skills. Other times, outsourcing is a waste of money that can be better spent on other things. Read on for some things that are very often outsourced:
1. App Development
Want to create a mobile app to help customers stay up-to-date on your business’s events, promotions, and other information? Unless you’re a mobile developer or have someone on your team who is, you’ll probably need to outsource this task. Depending on your target market and the budget you have set, it might be a good idea to consider both domestic and international developers.
2. Shipping
Packaging items and mailing them out yourself can be so time-consuming, especially with all the other tasks you have to accomplish and consider. It’s also important for your brand that customers are serviced professionally and receive their products smoothly. If you are reaching the limit of your shipping capabilities, consider outsourcing this task to a third-party shipping company.
3. Accounting
While you may think you can handle your own finances, the confusion of all those numbers is only going to increase as your small business becomes more successful. Keep watch over your cash flow and revenue, but allow a second pair of eyes to examine the numbers, to ensure there are no errors. An accountant is also a great individual to answer questions about taxes, payroll, and other money-related things.

This article was originally published by Biz2Credit

Published: September 30, 2014

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Biz2Credit.com is an online, small business platform that matches entrepreneurs with credit solutions based on their business preferences in a safe and price-transparent environment. Biz2Credit is a market leader with more than 1,100 lenders, over $800 million in funding, and over 1.6 million SMB users in the U.S.

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