More than 35 percent of small businesses outsource at least one business process. But the smaller a business is, the less likely it is to outsource.

That’s a mistake though. The benefits of outsourcing far outweigh the costs.

Let’s look at 5 advantages of outsourcing for small businesses.

1. Cost Savings for Your Business

It might seem counter-intuitive but outsourcing can save your business quite a bit of money. Yes, you have to pay the cost of outsourcing but it’s considerably less than doing the work in-house.

If you hire employees, you’ll need to pay their salary, insurance, and various other associated costs. Compared to the monthly cost of outsourcing that work, you’ll spend a lot more.

2. Better Efficiency Than Doing the Work In-House

Working with outsourcing services means you get to leverage the efficiencies they get from focusing on one particular type of work. They have the infrastructure and resources in place since they provide the same service to multiple customers.

Doing it yourself means you have to build that infrastructure from scratch. And you likely won’t get the economies of scale the outsourcer has.

3. The Scalability Benefits of Outsourcing

Working with an outsourcing service lets you scale up or down as needed. If you’re launching a new product or working on a short-term project of some sort, you can increase the number of hours or number of personnel dedicated to your company.

Once your needs go back to normal, it’s easy to scale back down again. If you hire employees when your needs grow, it takes longer to scale up and it’s a lot harder to scale back down again afterward.

4. Lets You Concentrate On Your Core Business

Running a small business requires lots of different types of work. Chances are you don’t know a lot about things like IT support, payroll, and accounting.

But even if you do know something about those things, the time you spend doing them is time you don’t spend on your company’s core business.

Outsourcing to a payroll service, managed IT provider, and other experts frees you up to do what’s most important to your bottom line.

5. Leverage Other People’s Expertise

Small business owners wear many hats. As we just mentioned, you’ve got accounting, IT, payroll, website maintenance, and many other tasks that need to get done.

Even if you know how to do some of them, you’re probably not an expert. And it’s extremely unlikely you know how to do all the tasks required to run your business.

Instead of spending your time learning new roles, outsourcing lets you leverage the expertise of the service provider. Their business focuses on those tasks much like yours focuses on your core offerings.

Why not take advantage of their knowledge and skills?

Don’t Try to Do It All Yourself

As you can see, the benefits of outsourcing can make a big difference in your small business. Don’t try to do everything yourself — start outsourcing the things that take you away from your core business.

Browse the rest of our website for more helpful articles about running a small business.