Which Is Best – Hiring A Freelancer Or Employing Someone?

English: The RedBalloon office – an example of an open plan ‘Bullpen’-style office. (Photo credit: Wikipedia)

There comes a time in the life of many small businesses that more hands are needed on deck.  It could be after many years establishing yourself in the local area or it could be after just a few short weeks of unbelievable activity and as problematic as it might seem in some ways, it’s a good problem to have – generally speaking, it means you’re expanding in all the right ways!

But one of the main issues that does come with this problem is knowing whether you should hire a freelancer or employ someone directly.  Both options have their positives, but they both have their negatives, too and so you have to understand how both could impact on your small business to be confident you’re making the right decision.

How A Bridging Loan Could Help Your Business

Banknotes, money, cash (Photo credit: HowardLake)

Almost every business needs a little help every now and again. If you’re having trouble meeting your financial obligations in the short term, a bridging loan could be ideal for your purposes.

And as we’ll discuss, a bridging loan isn’t just a good thing to consider if your business is in dire financial straits – a company experiencing robust financial growth might be able to make use of a short term cash injection in order to expand or invest.

Do You Have A Marketing Problem, Or A Product Problem?

Empty Market Stalls (Photo credit: daniel.d.slee)

Few things in business are harder than having no customers. It’s especially difficult when you don’t know what it is you’re doing wrong.

It takes a lot of moving parts to make a business thrive, and the fault could lie with any one of them. Broadly though, bosses of backsliding businesses find the problem or series of problems lies in one of two areas.

Is Changing The Direction Of My Small Business The Right Thing To Do?

Which Way (Photo credit: oatsy40)

It’s never easy to make such a radical move as changing the purpose of your company. But occasionally, the proper response to dwindling returns and a low level of interest from your target market, is to offer something different that will bring you back into the black.

Choosing to revolutionise your product can be as big a decision as setting up the company in the first place, and this blog post can’t possibly tell you how to do it, or whether to do it at all. We can, however, help you make the decision for yourself, with the help of colleagues your customer base, and professional guidance from services specialising in new business advice.