Habits of highly successful SMEs: Outsourcing

It is critically important for SMEs to identify ways of improving efficiency, including outsourcing if necessary. Learn best practice in the fifth part of our short course on habits of highly successful SMEs.

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This is an excerpt from Business Spectator’s new short course on Successful Habits. Click here toread the rest of the article, plus the remaining nine articles in the course.

When you don’t know what you don’t know – outsource

While it may be tempting as an SME to do everything, you can’t be an expert in all areas so you need to outsource.

Identify the core business activities that are essential to driving revenue and focus on these while outsourcing non-core services.

Benefits of outsourcing

Outsourcing allows you to improve efficiency and productivity and reduce labour and technology costs …

Click here to read the rest of the article, plus the remaining nine articles in the course.