Working with Freelancers can provide many benefits to small businesses. We discuss some of these benefits below:
Working with Freelancers can provide many benefits to small businesses. We discuss some of these benefits below:
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Created 08/09/12
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1
Financial
Although the initial costs (hourly/daily rate) of freelance trainers may seem expensive, this has to be set against the fact that there are no costs of in house benefit packages, no pensions commitment, no payment for holidays or sick time etc.
Also, the cost is fixed, purely for the term of the contract, and can be budgeted into the overall project. Once the project (and contract) are completed, there are no ongoing employment costs or costs of redundancy etc.
2
Skills
If the current staff do not have necessary skills then a freelancer could plug that skills gap.
3
Focus on the project
Unlike permanent employees, freelancers don't have multiple projects to work on. They will now be concerned with day to day 'office politics'.
4
Commitment
You will get full commitment throughout the project, as a freelancer will tend to avoid all distractions and try to complete the project ahead of milestones where possible. After all, there is normally no 'overtime' pay for the freelancer and therefore no advantage in making the work last any longer than necessary
5
Project planning
You will be able to plan your projects better because the freelancers will not have holidays or other commitments planned during this time.
6
Desire to work
Since freelancers don't have any permanent employment they are much more enthusiastic to work hard.
7
Up to Date Skills/Qualifications
Freelancers are more likely to have up to date skills and techniques because they are constantly trying to improve their experience and CV so that they can get more freelance work.
8
Work force motivational factors
Bringing in a Freelancer might help motivate your staff because it shows that your company is willing to bring in experts to help train the staff force.
9
Wide ranging experience and fresh ideas
Freelancers work across a wide variety of roles and companies so they can bring a new perspective and new ways of working to your business and its current employees.
10
It can be hard to over/under pay them
If you pay freelancers by they hour means it is much harder to under or over pay for a project. However, this also means your freelancer will need to fill out timesheets and there needs to be an effective way to transfer timesheets back and forth between yourself and the freelancer. For this you should look at small business accounting software which allows you to track the time spent on each project and generate flexible timesheet reports.
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