This exceptional guide takes readers, step-by-step, through an outsourcing transaction - analyzing the benefits, selecting a vendor, structuring the deal, managing the relationship - to provide them with an organized, methodical approach to the often intimidating prospect of relinquishing absolute control of every aspect of a company's business. Examines issues from both the customer's and vendor's perspectives. Covers such topics as finances, human resources, licensing and intellectual property rights. A variety of forms, checklists and sample documents equips readers with all the essential tools to make a profitable deal.