Traditional outsourcing fell 25 percent during the last quarter of 2016 compared to Q4 of 2015 according to an Information Services Group study. Some entrepreneurs fear that outsourcing could harm a company’s productivity. However, a Deloitte Survey on global outsourcing presents outsourcing not only as a way to boost productivity, but also as a source of innovation. This points to outsourcing as a trend that startups should buy into and it’s just a matter of how make it work for your company.
- Decide what’s a must have
A great rule of thumb is for a startup team to have a clear understanding of the company’s mission so resources can be preserved that work.
- Adopt an old-school mindset
Networking with other founders is invaluable. Asking other founders who they are using for a particular type of service is easy to ask and it can save you from a lot of headaches in the long run.
- Leverage existing service providers
A high-quality outsource service provider can offer resources in other areas aside from its specialty. Asking them whom they work with can initiate unexpected solutions as they work across all industries because operational foundations across many businesses are similar.