Using someone outside of a firm to provide services is an outsourcing practice that usually occurs as a cost-saving measure for businesses. In today’s rapidly changing business environment, outsourcing has become a very valuable tool offering several benefits. A challenging part of outsourcing is finding the right partner. You can outsource two ways. If your project is smaller, you can hire a freelancer; if you want something more predictable, you can hire an agency. Yet, the majority depends on the type of project, length, and budget.