Personal offshoring
Personal Offshoring or Smallsourcing[1] is a business model where individual consumers or small businesses (often sole proprietorships) directly outsource their work. It is a form of Offshoring. According to the Wall Street Journal, "[t]he approach relies on the same model that drives corporate outsourcing: labor arbitrage, or benefiting from the wage differential between U.S. workers and those in developing countries."[2] It can potentially be a dangerous business model if not managed appropriately.[citation needed] Problems can include language barriers and communications issues due to differences in time zones.[3]
References
- ^ "Outsourcing for Small Businesses". Outsourcing for Small Businesses. Retrieved 2008-08-17.
- ^ Gamerman, Ellen (2007-06-02). "Outsourcing Your Life". Outsourcing Your Life. Retrieved 2008-10-18.
- ^ "My Personal Offshoring Story". My Personal Offshoring Story. Retrieved 2008-08-17.
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