|Onshore Technologies office|
CNN Money published a feature on rural sourcing, “Forget India, outsource to Arkansas.”
Dubbed “ruralsourcing,” “rural outsourcing” and “onshoring,” the practice relies on two simple premises: Smaller towns need jobs, and they offer a cheaper cost of living than urban centers. So businesses that outsource work to these areas can expect to pay less — rates are often as much as 25% to 50% lower — than if they were hiring urbanites with comparable skills.
Three companies were mentioned in the recent coverage: Rural Sourcing, Inc., Cross USA, and Onshore Technology. Their websites offer some resources that could be relevant to any small town business or economic development group exploring this type project.
- Cross USA has several white papers on rural sourcing on their news page.
- Cross USA’s John Beesley has a LinkedIn group for Alternatives to Off-Shore.
- Rural Sourcing, Inc., offers a presentation (in PDF), though it would be better with some context or speaker’s notes.
- Onshore Technology keeps up a running discussion of onshoring news on their Facebook page. (which is also where I got the photo for this post.)
Local economic developers: consider how you can leverage your state and national contacts to help your local businesses reach those larger markets.
- About the Author
- Latest by this Author
Becky started Small Biz Survival in 2006 to share rural business and community building stories and ideas with other small town business people. She and her husband have a small cattle ranch and are lifelong entrepreneurs. Becky is an international speaker on small business and rural topics.