Not only does this free up Latest Mailing Database your time, enabling you to focus on activities more suited to your skills, but you can save a fair bit of money than if you staffed up to carry out intermittent work internally. In the current economic situation, when every cent saved is valuable, Latest Mailing Database no business can afford to spend money where it is not necessary. There are many jobs carried out within every business that requires specialized Latest Mailing Database skills or training, but that are undertaken too rarely to justify Latest Mailing Database employing staff to accomplish. In such situations it is generally more economical to have the work done by Latest Mailing Database a third party than to hire part time or temporary staff, or even to try to do it yourself. What is Outsourcing? Outsourcing is Latest Mailing Database contracting a third party to carry our certain tasks for your business. The third party can be an individual, such as an accountant to look Latest Mailing Database after your finances, or a business, such as using a hiring agency to recruit new employees. Many small business owners carry out a multitude Latest Mailing Database of tasks, many of which they are not genuinely qualified to do. You could spend a great deal of time learning how to maintain your sole company car, for example, and then carry out an amateurish job that would likely result in your Latest Mailing Database vehicle running less efficiently that it would have had a professional carried out the work. Not only would it have been cheaper in the long run to have had a skilled mechanic do the work, but your time would have been better spent running your business than tinkering with your car - that's outsourcing! Another option would have been to employ a mechanic to maintain your car.