Even small companies are outsourcing




Mike Scanlin and Margo Redfern have saved lots of money — and paperwork — by hiring freelancers abroad. NEW YORK (CNNMoney) Why hire American if others can do it for less? Corporate giants have been asking that question for years, but now many small businesses are too. Outsourcing abroad has already saved Mike Scanlin half a million dollars. In 2009, the software engineer-turned-venture capitalist started building Born to Sell, an online investment tool. Hiring programmers in nearby Silicon Valley would have cost him $600,000 over the course of a year.

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