Guest article from qs.temptask.co.uk
Today it has never been quicker, simpler, or easier to outsource business functions with the rise in popularity of online outsourcing platforms such as Upwork, Fiverr, People Per Hour, and Freelancer.
The benefits in using online outsourcing platforms to small businesses and start ups with limited budgets and ad hoc needs, through to large corporations with individual requirements for specialist skills, are clear and reflect the growing move in the worldwide work culture toward more flexible working arrangements and immediate access to specialist skills in an on-demand culture.
From our own experiences at QS.TempTask.co.uk, we have listed what we have found to be the key benefits delivered by our own online outsourcing platform.
Online outsourcing provides flexible access to immediate skill gap requirements on an ‘as and when’ basis, without the need to engage skilled resources to fulfill an immediate and specialist function under a traditional, often costly and binding, model of ‘employment’.
The flexible engagement means that resources are only engaged for a specific task or tasks as the need arises, thereby you as the requester only incur cost for each particular task as opposed to the commitment cost of traditional employment, associated costs of non-productive working, and employment on-cost burdens.
Affordability and Best Value
Many online outsourcing platforms offer delivery of individual tasks required via a bidding model, whereby you will receive a selection of bids to deliver your requirements from providers with skill sets matched to your specific task needs.
These competitive bidding models provide you with choice based on the factors most important to you in selection, encourage market reflective competitive bids from providers in order to win your work, and ensure that you ultimately receive control over selection and achieving a best value solution.
As the engagement process is on a flexible, ad-hoc basis, you only pay for the services that you need, when you need them, and without commitment.
As engagements are often on a fixed price basis, cost certainty is also achieved as opposed to time related cost reimbursement mechanisms giving lack of budget and cost control and visibility.
Access Cutting Edge Technology and Innovation Without Investment
It is now easier than ever to obtain specialist, expert services using cutting edge technological advancement without directly investing in training and equipment for these specialist functions yourself, by engaging those already holding the relevant skills, equipment, and technology to deliver on your behalf through a flexible, ad-hoc, online outsourcing platform arrangement.
The time commitment and input required to gain these specialist skills can be lengthy and with associated high investment cost, so a simple, cost effective and time saving method to gain immediate access to these functions is via online outsourcing from those already possessing these qualities, skills, tools, and experience.
Many start-ups and small enterprises cannot afford the cost burden of holding specialist skill resources based on the possibility of needing this input sporadically. Indeed, many large companies and corporations also have specialist skills gaps within their resource bank.
An easy way to fill these resource deficiencies is to engage the required specialist skills on an ‘as and when’ basis via online outsourcing platforms.
Many registered suppliers with online outsourcing platforms are highly experienced, qualified, and skilled professionals, offering their services flexibly and on a nil-commitment basis to supplement your business only when needed.
Outsourcing the functions that you immediately need to an experienced specialist in the specific field required often means that your requirements are generally met faster, to a higher standard, and at a lower cost than trying to deliver these alone.
This allows your business to focus on what it does best, it’s core skills, supported by experienced professionals as and when the need arises.
At QS.TempTask.co.uk we provide an online outsourcing platform for delivery of niche sector Quantity Surveying and Estimating individual tasks within the United Kingdom construction industry.
Our fully online platform gives competitive bidding of individual task requirements by our panel of curated, registered professionals.
We provide all the tools that you need to deliver each task quickly, easily, and efficiently with our inbuilt communication, file sharing, and e-commerce facilities, virtually eliminating the administration burden of engaging your next professional services provider on a completely flexible, ad-hoc, nil-commitment basis.
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The gig economy has opened doors for almost anyone to enter the workforce. It’s expected to grow from $14 billion in 2014 to a $335 billion by 2025, with no signs of slowing. From ride sharing to coding, businesses and people exchange services and ideas in this new marketplace. Freelancing is not for everyone, but for those who thrive with flexibility and independence, the gig economy can be a dream come true for your career.
Some freelancers work independently, bidding on work or connecting directly with businesses or customers for side jobs, while others increasingly use platforms. Apps and websites such as Upwork, Freelancer, and Fiverr connect members with job posters. Gig searchers in some fields, such as freelance editing and coding, can even find remote and temporary work through traditional job boards such as Indeed and Craigslist.
Finding consistent work requires a lot of effort, at least initially. Since gigs are contract positions, freelancers need to build pipelines of work sources in order to stay busy. Those who are just looking for some extra money don’t have to be as diligent when it comes to structuring their work sources, but even part-time giggers can use pipeline management to funnel higher-quality (and better-paying) jobs their way.
Organization is the foundation
At a traditional job, workers usually focus on a few functions at most. Administrative tasks are handled by someone else. Paychecks show up on payday with taxes withheld. When you freelance, however, administrative tasks such as tax withholding fall on your shoulders. This requires management skills and prudent bookkeeping. Some freelancers find themselves in trouble when they file their taxes and find that they owe more than they expected. On the other hand, those who are new to running their own business may overlook valid deductible expenses. Because of the risk and complexity of running even a small gig-based business, most experts suggest consulting with an accountant. Resources and guidance are also available through the Small Business Association’s website.
Other skills necessary for success in the gig economy include:
- Communication. From garnering new clients to updating existing ones on the status of work, a successful freelancer communicates clearly and frequently. Those who are reticent may have trouble building pipelines.
- Estimating. When giving a bid for a job, you will be competing with others. If you overestimate, you will be undercut, but if you shoot too low, you will run the risk of losing money on the job.
- Negotiation. Knowing your skills, your field, and the marketplace empowers you to confidently negotiate prices and terms.
- Management. Every portion of the workflow is your responsibility as a freelancer. Even if you work through a company that provides structure, such as Uber or Lyft, it is still your responsibility alone to manage your business.
One place where management comes into play is in your choice of work environment. Many freelancers choose to work from home, with flexibility being one of the gig economy’s major draws. But flexible working does not equal lax work spaces. It’s crucial to your freelancing success to create a separate and professional home office setting.
Then, of course, a marketable skill is necessary. In-demand skills include:
- Network analysis
- Artificial intelligence
- Cloud computing
- SEO and marketing
- Personal services
- Driving and delivery
- Customer support
The gig economy presents exciting opportunities for today’s workers. Flexibility and options mean that a dream career is in reach for those who have the skills and temperament to organize and self-start. As long as some simple tips are followed, freelancing can provide income and a rewarding career.
Photo Credit: Pixabay