You can use outsourcing to grow firms, practices and other small businesses. We think of outsourcing when it comes to manufacturing but this exchange of labor is present across industries. Brands outsource their marketing to an ad agency. Tech companies specialize in making apps for others. The list goes on and yet, the concept is still underutilized. Why?

 

“Outsourcing is simply matching a skill to a need by looking outside of your physical plant or practice.”

 

Years ago, outsourcing was often confused with offshoring, which meant sending your work overseas, and the negative connotation lingers. Outsourcing is simply matching a skill to a need by looking outside of your physical plant or practice. Typically for new or growing firms and practices, the need isn’t large enough to warrant a new full or even part-time hire.

For a company to grow, outsourcing should be a part of the business plan. Using this concept, your business can save resources, work with experts and expand your workforce. In the 21st century, outsourcing has become a viable alternative to hiring in-house.

When it comes to your legal or medical practice, outsourcing to an entirely US-based company means that you are working with an individual or team that understands the various local, state and federal laws that your business must navigate on a daily basis, as well as the nuances present in language, including spelling, grammatical and formatting standards in writing and legal documentation.

 

“For a company to grow, outsourcing should be a part of the business plan.”

 

In the US, the business-to-business economy is growing. Meaning that there are more companies like yours growing through outsourcing. While it’s always a matter of what is best for your business, there is now the added benefit of positively impacting the US economy when you hire to local and national companies.

“In legal transcription, the work product summons the life experiences and learning of each assistant. These are folks who are contributing to local communities through their work in the legal system as well as the economic impact of their incomes. All of this shows in the quality of their work and dedication to clients,” says Vivian Saxe, founder of E-Typist, Inc., Ohio-based virtual legal assistant company. “This is why it is important for us to hire and prepare an American workforce. It is through these many levels of inclusion and diversity that we are all realizing the American Dream.”

 

“Outsourcing allows you to draw from a talent pool much wider than your local job market…”

 

But this isn’t a purely altruistic exchange. Outsourcing allows you to draw from a talent pool much wider than your local job market – one that’s the size of all 50 states – with their employer having already done the checks and training to qualify them for the work you need.

 

So, can your business grow from outsourcing? Absolutely!

 

Your business can absolutely grow through outsourcing. When properly utilized, it will cost less than “now hiring” posts, interviewing, background checks, training, insurance, payroll taxes and is simpler to expense than the various overhead expenses that come with adding even a part-time employee to your roster.

 

 

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