Tuesday, May 27, 2014

Do What You Do Best and Outsource the Rest

There's a trend among small business owners trying to keep up with competitors worldwide: forming global strategic partnerships and outsourcing certain peripheral aspects of their business.  Startups are hiring tech companies that offer more niches services like building websites and analyzing data for cheap and easy solutions.

As Gene Marks, Inc. columnist and owner of the Marks Group, a firm that provides technology and consulting services to small and medium-size businesses, says:
"One of the smartest things I've been seeing companies do is that they do what they do best [their core competency] and outsource the rest," Marks said. "Companies are now thinking more about partners they can work with to provide the type of technologies, services, and solutions they cannot do or don't have time to do."
Read the entire article:  Small Businesses Should Focus Only on What They Do Best

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