What is Outsourcing?

Outsourcing is contracting out of a company's non-core activities, delegating operations and daily management of a business process to an external service provider. It is when a company outsource to vendor outside of their own. Disregarding if you agree or choose to keep it in-house or outsource, you need basic business functions. This is where outsourcing comes in handy.

The idea behind the concept of outsourcing is most always cost. Moreover, offshore outsourcing does not necessarily mean on a large-scale basis. Many small or medium business owners are gaining from outsourcing their tedious day-to-day tasks to people in other countries. Indeed, offshore outsourcing is a simple idea which means engaging part-time, full-time, permanent or temporary staff from outside of one's own country.