![Dedicated Team vs Fixed Price vs Time and Materials: What to Choose for Your Project](https://themindstudios.com/blog/content/images/size/w600/2018/12/dedicated-team-cover-min.jpg)
In this article, we compare the dedicated team, fixed price, and time and materials outsourcing models, analyze each in detail, and provide tips on how to choose the appropriate model for your startup project. In addition, we describe the advantages and disadvantages of outsourcing and common problems that companies face when outsourcing. The term outsourcing refers to any situation in which a person or company provides services (performs tasks), or produces products for another company. Outsour