Tip #1: Keep it Separated Too many business owners mix and mingle their personal and professional finances. Even if you are a sole proprietor keep you business, and your personal. Set up separate checking accounts and if you need some funds from your small business, write yourself a check, or make a cash withdrawal. This […]
Ten tips from outsourcing experts and practitioners on how to save money on external consultants with do-it-yourself outsourcing.
You may not have signed a contract with your third-party IT services provider solely to cut costs. Maybe you were seeking specific skills or farming out non-core work to focus on strategic initiatives, or looking for a back door into an emerging economy.
A lot has been said on the topic of outsourcing work to others. There are the operational issues, the client management challenges, the trust and rapport factors, and so on.
When it comes to the outsourcing process, going it alone is one way to cut costs. But working with an experienced outsourcing advisor may save you money during the procurement process and down the road.
We are hearing from many sources that the world economic crisis has reached its bottom. Over the last 12 months, companies have examined each and every cost in their operation, looking for any expense to eliminate or decrease.