When to Outsource vs. When to Hire: A Guide for Small Business Owners | EP 57
Jun 29, 2023 ·
13m 43s
Description: As a small business owner, making the right decision between outsourcing and hiring is crucial. Join us in this episode as we provide a concise guide to help you...
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Description: As a small business owner, making the right decision between outsourcing and hiring is crucial. Join us in this episode as we provide a concise guide to help you navigate this dilemma effectively and discover when each option is the best choice for your business. Key Points:
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- Specialized Expertise: When to outsource tasks that require specific skill sets you lack in-house.
- Short-Term Projects: Why outsourcing is cost-effective for one-time or short-term assignments.
- Cost Savings: The financial benefits of outsourcing certain tasks.
- Flexibility: How outsourcing allows for workforce scalability based on business needs.
- Core Business Functions: When hiring full-time employees becomes essential for critical tasks.
- Long-Term Needs: The advantages of hiring for ongoing skill requirements.
- Cultural Fit: Importance of aligning employees with your company culture.
- Employee Development: Investing in professional growth through hiring.
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