The freelance industry is slowly and steadily growing and there are now a number of professionals working in the freelance economy prompting more businesses to pick interest in hiring top freelancers.
We all know how important it is for a startup Founder to hire the right people. But when financial resources are limited, it can be hard to tell whether you should hire a salaried employee or freelancer.
To cut down on costs and still get top talent, your best bet is to hire freelancers. With freelancers, there is no need to pay for time spent away from their keyboards. In addition, you’ll be relieved of the need to provide benefits or insurance because freelancers are considered independent contractors and not salaried employees. You do not have to invest in their training or equipment, since they come with their own tools before they begin working.
The startup life involves getting things turned around quickly, and freelancers are well-suited to this. They offer creative, flexible work, and can make decisions faster than a larger company might be able to. Freelancers sometimes also find that startups appeal to them because they can come in at a ground level and contribute to the culture of a fledgling company.
Founders often focus on one thing and do everything when their business is small. Not because they want to, but because they have to. As momentum builds, founders need a way to scale themselves and the business so they can achieve growth without spending all of their time on the business itself.
Did I mention that it’s now getting easier to work with freelancers thanks to new business tools? In the past, it was difficult to understand pricing and fair value for work performed. Now, with new platforms, it's made scaling your business and hiring talent easier than ever.
With a freelance team, you get to reduce expenses and enjoy the freedom that comes with hiring freelancers. This practice has proven to be successful for startups and businesses alike.