Building in-house or bringing in outside help isn't an either-or decision.

At some point every growing organization asks: do we hire IT staff or bring in a partner? The answer depends on your size, your stack, and what you actually need done.
The case for hiring in-house
An internal IT person lives inside your business every day. They know your people, your quirks, and your history. For organizations with constant hands-on needs, hardware, onboarding, day-to-day support at scale, there is no substitute for someone in the building.
The challenge is breadth. One person cannot be deep in security, migrations, SharePoint architecture, licensing, and software development at once. Generalists keep the lights on; specialty projects tend to stall or get done halfway.
The case for a consulting partner
A partner brings pattern recognition from many environments. A migration or governance build that an internal generalist does once every few years is something a specialist team does continuously, which shows in both speed and quality. You also buy exactly the seniority you need, only for as long as you need it.
The trade-off is that partners are not in the building. The good ones compensate with clear communication, documentation, and a defined handover, if a partner cannot explain their work in plain language, that is a warning sign.
The hybrid most organizations land on
Keep day-to-day support close, internal staff or a responsive helpdesk, and bring in specialists for the work that benefits from depth: migrations, governance, tenant cleanups, IT strategy, and custom development. Virtual CIO or CTO advisory fills the leadership layer without a six-figure executive hire.
How to decide
Ask what is actually on the list. If it is recurring support volume, hire. If it is a defined project with a start and an end, partner. If it is "we do not know what our IT should look like in three years," that is an advisory conversation, and the cheapest mistake to avoid is hiring a full-time role to answer a part-time question.