Pros and cons of outsourcing – Are they worth the risk?

Pros and cons of outsourcing – Are they worth the risk?

Daven Michaels

Daven Michaels

New York Times Bestselling Author, 30-year business veteran, and Executive Chairman of CurrentC Group.

There are a few pros and cons of outsourcing however the pros outweigh the cons. Thus it is beneficial to outsource certain services to other companies. When you hear the word outsourcing, the first thing that you think of is how you can save costs. This is the first and the widely known merit of outsourcing. There are a few other pros and they include the following;

Save on time. This goes hand in hand with saving costs. Outsourcing services to outsourcing companies will save you vital time. In the long run you will have saved a lot of time. Cost saving is the other main pro of outsourcing services to offshore or home grown companies. The cost of providing the technical services yourself might be too high but outsourcing the services reduces the cost to manageable amounts.

It shifts your focus to the main objective of the business. When you outsource services to another company, you can be able to focus on the main function of the company. For instance if you are running a manufacturing company, you can choose to outsource payroll services or any other services to a different company. As a result you can be able to concentrate on improving the quality of your goods and increasing customer satisfaction.

Outsourcing services implies that you will be getting the best services. Offering quality services that leads to customer satisfaction and that in turn leads to more sales which in turn increase the profits. Therefore your business will run efficiently. When the customers are satisfied, they will give you a positive feedback which will increase your rank on the Better Business Bureau. Hence outsourcing any type of services is very important for the success of your business.

There are a few cons of outsourcing. Some of the cons include the following; confidentiality issues. Outsourcing services means that you will have to hand over information to the company so that they can be able to serve you more efficiently. When you hand over confident information to them hence the information is no longer confident as a third party has come in to the picture. The main concern lies in outsourcing accounting services. Another con is that you lose direct control of the services outsourced. These are the main pros and cons of outsourcing. But the pros are more than the cons hence outsourcing is advisable to companies that want to focus on their core business.

Daven Michaels is an award-winning outsourcer and author of the book, ‘Outsource This!’ Daven has been honored more than any other individual or outsourcing organization. You can get more information on outsourcing by visiting www.OutsourcingOutsourcing.Com.

23 thoughts on “Pros and cons of outsourcing – Are they worth the risk?”

  1. Another Great Information… This is a nice opportunity…. for new ones, Grab it guys.. It will be a big help for you… Keep up the Good Work Daven..

    Reply
  2. Well, it’s a matter of experience. Once you have experienced to be fooled by those Cons then the next you encounter one, you know what to do. But definitely for 123 Employee, of which Daven owns, all of the people are trustworthy and EXPERIENCED when it comes to SEO and Telemarketing tasks.

    Reply
  3. You’re right Amery! Experience really matters. I am very happy with my VA from 123 Employee… I took the risk and I am very thankful of what he had done to my business.

    Reply
  4. Great comparison Daven!
    Outsourcing helps in a lot of things. I think it’s purpose is for you to get rid of the little things in your business and focus on the more sensitive ones. I guess confidentiality is not much of an issue.
    I better check your breed of virtual assistants. It’s nice to have an outsourcing company backing you up, especially if it is US managed.

    Reply
  5. My husband has been using an outsourced employee for more than a year now and we have been happy with her services.
    Now that I am starting my own business, I better get one from your outsourcing company.
    I am looking forward for that.

    Shanice

    Reply
  6. Great blog! I like the content about outsourcing. It has been hard to relaunch my online business due to lack of time. There’s just so many things to do with so little time. I guess it’s time to get help.

    Reply
  7. With 123Employee the Cons of Outsourcing will be eliminated. Confidentiality of company’s information will remain confidential since they are all trustworthy like what Amery said.

    In addition they are all dedicated and professional, so I believe outsourcing with 123Employee there will be no risk involved.

    Reply
  8. wow! Thank you for sharing this blog, Daven..
    This is really a great opportunity for people who wanted to work in Outsourcing Industry..

    Reply
  9. I found so many interesting stuffs in your blog especially its discussion. It was a beneficial workout for me to go through your web page. It definitely stretches the limits with the mind when you go through very good info and make an effort to interpret it properly.

    Reply
  10. Indeed you are a geat outsourcing guro Daven.For me the gangs of 123Employee are truly dependable and amazing!! Thanks a lot Daven:)

    Reply
  11. My husband has been using an outsourced employee for more than a year now and we have been happy with her services.
    Now that I am starting my own business, I better get one from your outsourcing company.
    I am looking forward for that.

    Reply
  12. Very true, Daven! Thank you for producing great and well trained people. I will be expanding my business and I will surely hire another one 123employee….Keep it up you guys!

    Reply
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