6 tips for small businesses considering outsourcing

6 tips for small businesses considering outsourcingvia ITworld Small Business http://www.itworld.com http://ift.tt/28UxA4v As most (if not all) small business owners know, you can’t do or manage everything. And some tasks (HR and accounting spring to mind) are often better left to the experts.

Of course, not every small or midsized business can afford to outsource functions, though in many cases the benefits outweigh the upfront cost. But whether you are planning to outsource or are just thinking about it, it pays to do your homework and due diligence before giving over part of your business to a third-party. Here are six things to consider before you choose a business right partner.

  1. Understand your core competencies and limitations. “Outsource functions that are time-consuming and can easily be performed by someone outside the organization,” says Sara Slettebo, president, ReMilNet, which helps businesses improve efficiency and effectiveness. For example, “ReMilNet has outsourced [its] HR functions (payroll, w-2, taxes, benefits, etc.) since 2008. With employees working in several states, it is more cost effective to have an external staff available to prepare, process and file our state documentation than manage it internally,” she says. “As a result, our filings are compliant and submitted on time, we stay abreast of new policies that impact our employees in each state and all our records are available online in a secure environment. This has been the most beneficial outsourcing decision we have made.”

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Small Business IT via ITworld Small Business http://www.itworld.com June 22, 2016 at 05:50AM