As a business owner, you make many decisions on a daily basis. The most important decisions have a direct impact on your company's bottom line, company operations and employees. No matter the size of your business, you are sometimes presented with the choice to hire a specialist for a given department or to outsource the responsibilities. As you make the decision, it is a good idea to take into consideration the pros and cons. Since many businesses are still making the transition into the digital world, they have to figure out if they should hire a tech specialist or outsource the job.
When to Hire
If you are wondering whether you should hire a tech specialist or not, take a moment to consider the pros and cons. When you hire a specialist, he or she becomes a part of your team. This means that you screened his background, interviewed them, and reviewed their skill set.
When you find the professional who checks off all the boxes, you have the opportunity to add one more person to your staff who will contribute to the company's bottom line and success. They are exclusive to your company, and they can grow with your business. The cons of adding one more member to your staff is all the overhead that goes along with a new hire. Salary, insurance and benefits are some of the costs you will incur for the duration of their employment because they are specialists in a specific skill.
When to Outsource
On the other hand, when you outsource the responsibilities of a tech specialist, you are not incurring all the additional overhead costs, but you are receiving the benefits for a flat fee. Plus, not every staffing company out there can find you someone who will fit the bill for your company, and that's when outsourcing comes into the picture. Outsourcing means you do not need to worry about finding a professional who will be a cultural and skill set fit. The responsibilities and tasks are given to your point of contact. That person ensures the work is completed in a reasonable time frame and of the desired quality.
Shying away from outsourcing is understandable. As you begin to explore the benefits, though, you will find that it makes financial sense in the long-run. From there, find the option that fits with your company's needs.
Do challenges like these beset your business? Reach out to The JMA Group for assistance and business consulting to help get through the rough patches!