Outsourcing in business is essentially finding a third-party to handle some of the workload or complete specific tasks.

Outsourcing is often used by consultants, small business and even entrepreneurs as a way to handle more business and deliver on work that requires skills outside those of the core organization. It can be change on a project by project basis or from industry to industry.

This Smart Guide will take your through the process of making sure that you and your business are ready to either outsource different components of your regular operations, or setup an outsourcing framework to enable you to handle a bigger work load.

Either way, the result is an increase in efficiency and growth for your bottom line if handled properly.