Monday 21 March 2016

Freelancers are the Most Promising Workforce for SMBs (Small and Medium Businesses)

Due to the boom in the world of freelancing and contract based jobs, there are some visible changes in the way of hiring by the companies. The Small or medium sized businesses are leaving their rigidity for expanding their workforce based on the full-time employees only. According the statistical report published on Forbes, 20% of the workforce is going to be made by freelancers at the end of 2020! While at the end of 1995 it was only 11.3%! So, the involvement of the freelancers as the rising cadre of SMB’s workforce is clearly visible in the statistics. Every action has its equal and opposite reaction! As a result to that, the statistics scores 80% for the part-timers and full-timers as workforce in 2020, while the score was more than 90% in 1995.

The SMBs has tapped into the freelancing world for the supplement of in-house flair, and it is a very good sign for these businesses. But they need to know the proper way to excel in this venture, here is how:

• Consult talented freelancers for your small businesses

To start a sound technical foundation the small and medium businesses need to attract rich talents. There is no better choice than freelance professionals who can offer their flair without geographic limitations. Contract hires and freelancing can successfully boost the business for the SMBs.

Hire a Freelancer

• Reach the freelancers using the right tool

Small businesses should not avoid the importance of utilizing some online marketplaces for hiring freelancers as these can play a vital role in recruiting freelance talents to your small business, especially in terms of total time to hire and minimizing the overheads.

• Get ready for the upcoming workforce

With the globalization of the workforce freelancers are going to make a deep impact to the growth of the SMBs in coming future. It is a great opportunity for the SMBs to hire talented people regardless of location.
For hiring full time employees companies need to pay huge attention in terms of economic calculations including employees’ salaries, parking costs, rents, etc. Freelancers come up with more flexible and easy adaptable solutions for the sake of your business. In addition to having traditional workforce, hiring freelancers can speed up the process of success of your business.

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