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When Should You Outsource vs. Do Work In-House?

 
  Sherry Rahbar, Partner, CFO Edge, LLC  
   
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  Article Summary  
Given outsourcing's potential benefits and "gig economy" trending, executives are more frequently looking at when they should outsource vs. do work in-house.

The use of third-party service providers, consultants and freelancers continues to rise. Indeed, Intuit research has projected that by 2020 independent contractors will make up 40 percent of the workforce.

There is no one-size-fits-all answer. Outsource vs. in-house decisions are informed by five potential benefits and four potential drawbacks.

Los Angeles and Southern California executives considering whether to outsource a function, what functions can be outsourced, and how to arrive at the right decision can benefit from talking with a CFO services provider.

A CFO services professional can help assess your business needs, perform an outsourcing cost/benefit analysis, and recommend the most efficient and cost-effective staffing strategy.

  Open as PDF Open the entire article as a downloadable PDF (No form completion is requested.)  
     
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