Banking on the outsourcing bandwagon many new age entrepreneurs are doing away with non core functions from the very beginning. And some while expanding their business in new places also did not invest for non-core functions. For Donald Marvin, who owns an Irish bio science company goes for complete outsourcing while setting up a branch in North America for the accounts division. Indigen North America now will have an outside company who will handle its general accounting, invoicing, other payables, receivables, general ledger and taxes etc.
If you wonder if this is a trend in the offing here's this for you. Marvin feels that outsourcing has made his business more efficient and, thereby, more competitive.
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