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Outsourcing in a Recession

Written on 03 Apr 2009, 12:22 PM - Last updated on 03 Apr 2009, 12:42 PM

Even with Gordon Brown's G20 result, small and medium businesses will not see much support in the near future, if at all.  It is therefore essential that every business looks at what it needs to be doing, in order to survive, let alone grow, in these hard times.  And this is all about cutting costs and getting in new business - something that sometimes seems like a paradox to those business who decide to cut marketing (which will get them more business) or reducing training (which will motivate and retain their good staff).

Outsourcing seems to have been seen by most SMEs (and other organisations) as something that only larger companies do in order to reduce their overheads.  However, many don't recognise that they are actually doing it themselves, already.  Many businesses outsource their book-keeping function and almost every one of them has an accountant to do their annual accounts.  If it has an IT network, an organisation... Read more