Outsourcing is a great way to reduce a company’s overhead costs as well as increase productivity. Whether you seek custom motor manufacturers or specialty parts abroad, it’s important to know how to set your business up for success. Michael Bloom, president of Sinotech, is certified by the U.S. Small Business Administration as a Global Trade Counselor and by NASBITE International as a Certified Global Business Professional (CGBP). He has published more than 50 magazine articles and conference papers and has been quoted often in various media outlets on issues concerning outsourcing. Below, he offers five tips to help a business ensure success…
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