There comes a time in any business enterprise when workload increases. And, as business grows, there’s no way you can continue to keep up with the workload alone. Even so, employment is a minefield not every entrepreneur can face. Your takings may not yet be at the level where it’s an option. If that’s the case, freelance workers could be the answer. More and more companies, especially startups, are taking advantage of this option. And, with so many people looking for flexible working, there will be many candidates. If you’re not convinced this is the way to go, we’re going to take a look at the benefits.
MONEY SAVING
The most notable benefit to freelance workers is their money saving ability. When you sign an official colleague contract, you usually commit to a set salary or hourly rate. For many startups, that isn’t an option. If you’re still not reaching the sales figures, you may not be able to afford this. Or, perhaps sales are too patchy to be able to commit to a set amount like this. When employing somebody, you also have a commitment to provide holiday pay and pension contributions. All of which can tie up too much money in the early days. But, freelance workers save money in more ways than you might realize. For one, you will pay them per job. You can decide how much work to pass on based on your current income. You’ll also avoid extra costs, like holiday pay. And, you won’t need to worry about renting a workspace here, either.
INCREASED REACH
Another benefit to freelance workers and one that’s rarely considered is the extra reach they can provide your business. When workers are freelance, they can operate from any country. This could make a massive difference to your business. With someone overseas, you can set up work meetings you wouldn’t have been able to otherwise. They can also help you trade in a new area. It’s even possible to work with freelancers who speak a different language. All you would need to do is contact a leading provider of translation services like The Translation People. They could ensure that you and your chosen freelancer can communicate without worry. Plus, they can translate documents, to ensure there are no crossed wires between the two of you.
LESS COMMITMENT
In those early days, nothing is certain for your business. The last thing you want is a sudden drop in sales when you have wages to pay. With freelance workers, this wouldn’t be a concern. You can stop providing work the moment you notice business dwindling. Of course, you still want to extend common decency to the people doing jobs for you. Try to give them notice of work stopping well in advance if you can. But, there won’t be any legal obligation to give a month or more of notice which you can’t afford. This lower commitment can take a huge weight off your shoulders until you’re sure business is steady.
