Let’s face it, figuring out whether or not your company should pack up some part of production and ship it overseas, across borders, or just to another company down the street, can be a difficult choice to make. After all, most outsourcing means that you will have to make tough decisions about the future of your workforce, your financial situation, and whether or not the jobs being outsourced are important enough to keep nearby.
So why has outsourcing become such a popular thing for businesses to do? Well, we will go into this in more detail later on, but for now let’s just consider the two main points.
Lower costs
And
Higher profits.
However, despite the obvious positives, there are a number of negatives associated with outsourcing portions of your business. Once again, we will go into more detail in just a few paragraphs, but here are a couple of points to think about
