“Often, when companies add up the savings they will gain by outsourcing, they forget to account for additional expenses that can make outsourcing a pricier option,” says Rita Gunther McGrath, an associate professor at Columbia Business School and co-author of The Entrepreneurial Mindset. Also in the article, McGrath recommends engaging the help of an attorney to ensure that important details that can affect costs — like specifying a fixed exchange rate if the vendor is overseas — don’t get overlooked. The entire article by Darren Dahl can be found at Inc. Magazine.