Tag: outsourcing
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Advice for seasonal businesses
Many businesses – such as those in the farming or tourist sectors and retailers selling Christmas merchandise – do the majority of their trading during a short period each year. The challenges faced by seasonal businesses are unique. This guide outlines a range of advice for seasonal businesses starting with cashflow planning, which is particularly important…
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Outsourcing
Outsourcing is when you contract out a business function – a particular task, role or process – to a third party over a substantial period of time. This third-party organisation takes control of the function and becomes responsible for its success. Outsourcing may save you money, help you be more flexible and manage growth effectively.…