Outsourcing is a word that is becoming more and more widely used. However, what is the true definition of outsourcing?
Definition: Outsourcing is the action of obtaining a service from an external provider. It can additionally be known and referred to as contracting out.
For example, you may choose to do a task yourself (for example, cleaning the house), or you may choose to outsource it to another person or company. Outsourcing can therefore refer to any service from any provide. Many businesses will outsource similar work, such as bookkeeping and diary management. However, many tasks you outsource will be specific to your business and it’s needs.
To get some inspiration on what tasks you can outsource, visit our outsourcing inspiration page by clicking here.