Startups and the gig economy

December 17, 2017
By Nicholas Beames

As a start up, one of the biggest challenges is cash flow. You need a resource or skill (or two) but you can’t always afford to employ someone full time to provide it. The gig economy has become the answer to your problems - well, some of them at least! Why hire a salaried employee when you can outsource to a freelancer? Pay by the hour, for the work you need done, and nothing more. Monitor quality and output, have the flexibility to increase or decrease the work … it’s the perfect solution to ensure your cash is going exactly where you want it to.Of course, as you start to scale up and become more profitable, your resourcing needs and options might change. But one thing won’t - the benefits and advantages of gig economy flexibility when it comes to getting work done.