Everywhere you look these days, you hear stories of businesses trying to cut costs so that they can ride out these turbulent economic times. One friend recently told us that her company took out every third lightbulb in her office so they’d save money on electricity (We’re not kidding!).
As an entrepreneur, living lean is nothing new. In fact, it’s your motto when trying to build your dream venture. It certainly is ours. But with time as our most valuable resource, one of the challenges that so many of us continue to face is finding cost-effective ways to delegate time consuming tasks without breaking the bank. We’re all looking for that extra set of hands, but few of us are ready—in this market—to jump right into a full-time hire.
Luckily, there are a lot of other ways to find the help you need. Creativity counts, so as you’re doing your search, consider the following:
Cost-effective Staffing Solutions
Part-time, Temp, or Project-based
Hiring someone on an as-needed basis, whether for a few hours a week, for a specific project, or to fill in the holes until you’re ready to make that ongoing commitment is a great place to start when hiring. It allows you to ramp up or cut back your costs as your client needs dictate.
Virtual Work
In order to save money on office space, consider bringing someone on to work virtually. Who doesn’t have a laptop and a cell phone these days?
Unpaid Intern
Author: Cari Sommer
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