Often the hardest decision for a small business owner is when to hire another employee.
Hiring a freelancer or an independent contractor can be a highly effective way to grow your small business.
Perhaps the best aspect is that it allows you to delegate certain responsibilities based on the amount of work you have available, even if you cannot justify a full time employee. If you have a repetitive task in your daily routine that is not the best use of your valuable time, you can hire a freelancer to assist you, even if it’s an hour a day.
This frees you up to focus on growing the business.
Additionally, depending on where you source your labor, their hourly rate could be significantly lower than what you would pay for an in-house employee. Plus, you’re not paying for additional employment costs such as office space, equipment, or benefits.
Furthermore, you can choose from such a wide talent pool that you can find experts in the specific tasks that you require. Whether these experts are at a lower rate than an in-house employee (which is often the case,) or even a higher rate, hiring a high quality freelancer can save you significant time and money in the long run.