Outsourcing has always played a crucial role in operating successful businesses. When a company is in its initial stages, the main focus of an entrepreneur should be on its core operating activities as they are the ones that make or break the business. Providing the best-in-class products and services is the most important factor for the growth of the company. But, along with these activities, a company has to perform numerous supporting activities for the smooth functioning of the business. It is not considered viable for the company to perform all these activities on its own. This is where the concept of outsourcing comes into the picture. In this article, we will provide you with the concept of outsourcing along with the advantages and disadvantages of outsourcing for small businesses.