Outsourcing is a business practice in which a company hires a third-party to perform tasks, handle operations or provide services for the company.
The outside company, which is known as the service provider or a third-party provider, arranges for its own workers or computer systems to perform the tasks or services either on site at the hiring company's own facilities or at external locations.
Companies today can outsource a number of tasks or services. They often outsource information technology services, including programming and application development, as well as technical support. They frequently outsource customer service and call service functions. They can outsource other types of work as well, including manufacturing processes, human resources tasks and financial functions such as bookkeeping and payroll processing. Companies can outsource entire divisions, such as its entire IT department, or just parts of a particular department.
So If you have your own business you can't do everything, so the better choice you have is outsourcing, What can you outsource?
Payroll.
Social Media Marketing.
Accounting.
SEO Specialist.
Customer Service Representative.
Personal Assistant.
QA Specialist.
Recruitment.
SEM Specialist.
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