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Home » A Business Owner’s Guide to Hiring Freelancers

A Business Owner’s Guide to Hiring Freelancers

June 21, 2022 By The Fortunate Investor | This article may contain affiliate links. For more information visit our Disclosure

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A Business Owner's Guide to Hiring FreelancersDid you know that an astounding 36% of US workers are now part of the gig (freelance) economy? If you own a company, this means you have a huge amount of choice when it comes to engaging the services of independent contractors.

But what factors should you take into account when hiring freelancers? Although the talent pool is large, not every worker will meet your high standards.

Fear not; this short guide will explain how to find the best freelance workers who can add value to your company.

Let’s dive in and learn more.

Create a Detailed Job Listing

When looking for freelance services, it’s essential to provide job applicants with as much information as possible. Include the precise tasks you’ll require them to carry out and any specific software types you’ll expect freelancers to use. You should also mention the timeframe in which the job should be completed and the pay rate.

This makes it more likely only the people who are interested and have the requisite skills will apply, so you won’t have to spend time reading through unsuitable applications.

Have a Screening Process

To get the cream of the freelance talent in your sector, it’s a good idea to have a detailed screening process. This could involve carrying out reference checks and asking candidates to complete skills assessments.

For example, if you are looking for the best virtual assistants, you could include typing speed tests and grammar checks as part of the application process. You can then have more confidence when hiring people who pass your assessments.

Be Willing to Pay For Quality

When considering your freelance options, it can be tempting to choose candidates who charge less for their services. But this can be a false economy, as if the contractor does a poor job, you may need to pay for another freelancer to redo the work.

Instead, it may be better to pay a bit more at the start to work with a freelancer who provides a top-class service the first time around.

Formalize Your Agreement

A vital element when you hire freelancers is having a written agreement in place. This should explain aspects such as which services are required, any stipulations as to how the job should be completed, and the remuneration amount and when it will be paid.

This can help you avoid any disputes about the quality of the freelance services being provided at a later date.

Take Your Time When Hiring Freelancers

Hiring freelancers doesn’t have to be challenging, and you can simplify the process by taking some straightforward steps. Make sure you provide as much information as possible in your job post and have a meticulous vetting process before bringing a contractor on board. It’s also important to be willing to pay higher fees for the finest workers and to have a clear contract in place.

These tips can help you find top-quality freelancers that can help keep your business moving forwards.

Before you leave to hire a freelancer, be sure to read more of our great articles.

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The Fortunate Investor
The Fortunate Investor at FortunateInvestor.com
The Fortunate Investor is the finance half of the husband and wife duo behind this website. Michael's finance and investment advice is rooted in an MBA and 20 years experience as an entrepreneur, banker, and manager in the financial services industry.
Latest posts by The Fortunate Investor (see all)
  • The Bitcoin vs Gold Debate: Which is a Better Investment? - June 26, 2022
  • A Business Owner’s Guide to Hiring Freelancers - June 21, 2022
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