inhouseBy Carol Roth
In today's lackluster business environment, small businesses are focused more than ever on ways to improve their companies. This has led to a trend of in-sourcing- bringing back functions in house that used to be outsourced.
Here are three reasons that you may want to look at in-sourcing business activities.
Cost: The top reason that many businesses are now in-sourcing is cost. Many entrepreneurs that previously were looking to save time are now looking to save money. This may mean firing your bookkeeper and instead, purchasing software like Quickbooks to streamline your accounting and invoicing. It also means evaluating savings for other business functions. A company I work with, Fellowes, has a nifty tool called the Savings Analyzer at savingsanalyzer.fellowes.com that lets you see how much you can save on in-sourcing functions like records storage, document shredding, presentation binding and finishing. Hunter Rich, a VP and General Manager at Fellowes, says that smallRead More »from Three Reasons that You May Want to Consider In-sourcing