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Outsourcing Benefits: Seven Ways They Help Grow Small Companies

  Arthur F. Rothberg, Managing Director, CFO Edge, LLC  
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  Article Summary  
In a recent article, we suggested basing an outsourcing decision on determination of the most efficient and cost-effective solution for performing business tasks.

Growing companies interested in conserving valuable capital - and investing it elsewhere for greater ROI - can realize a number of significant financial and operational benefits by contracting with an outsourced services provider on the right tasks.

This article looks at outsourcing benefits that can occur in areas like core competencies, efficiencies, overhead, human resources, staffing flexibility, the competitive playing field, and ramp-up times for new projects and initiatives.

In the right circumstances, the benefits of outsourcing can reduce costs and - because of the accompanying expertise and experience of engaged professionals - generate significant ROI.

Business leaders who view outsourcing as the most efficient and cost-effective way to perform certain business tasks may discover that outsourcing is the key to unlocking hidden profits, accelerating growth and reducing costs.

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