Apart from the superior quality of the products and services your business offers, the team of employees you build for your business is arguably the most crucial ingredient for success. Their ability to carry out day-to-day operations, ultimately, facilitates growth. However, due to limited resources, especially for most startups and growing companies, it is challenging for business owners to hire staff to fill all necessary positions. This could leave the business understaffed, and you, the business owner, is forced to divide your time between strategic planning, important business operations and back-office tasks. Fortunately, in this digital age, companies are now leveraging the power of the internet and advanced communications channels to set up virtual teams, or outsourcing their talent needs to TheOfficeSquad. This is now the go-to solution for organizations in need of talent, but cannot afford or do not need a full-time employee(s). Read on to learn how virtual talent can help you scale your company.
Cost-efficient Way of Getting Talent
One of the biggest challenges with traditional hiring is the costs involved. The costs of recruiting and maintaining an in-office team can be very high. Some of these costs include:
- Office space
- Furniture and office equipment, such as computers and printers
- Utilities, such as Wi-Fi and electricity
On the other hand, setting up a virtual team with TheOfficeSquad is not only fast and easy, but allows you to save on such costs, which can be redirected to other important areas of the business. According to research, you can save $11,000 or more every year with a virtual team.
Takes the Focus from Time to Output
For on-site teams, most employees are required to be in the office for 8 hours each day. However, the amount of time they spend in the office does not necessarily translate to productivity. With virtual employees, the focus is placed not necessarily on their 9am to 5pm presence, but rather, output and quality of work, which is much more important for business success.
Access the Global Talent Pool
One of the main challenges with the traditional office setup is employees have to live within commuting distance to the office. Virtual teams can perform their functions from any corner of the world, allowing you to tap into the vast global talent pool.
Scaling Is Easy
As the business grows, operations need to be increased proportionately, which usually requires you to bring more people into your team. Even if you anticipate the growth of your business, getting the right person to bring on board in time can be challenging. Aside from the challenge of recruiting, you will also need to prepare a workstation for them. With virtual talent, there are no office or equipment needs to address. This makes it easy to bring in new members when the need arises.
Are Virtual Teams Worth It?
Virtual teams not only allow you to scale operations, but they allow you to do so in a cost-effective manner while affording you, the business owner, more agility, which is crucial for the success of a company. At TheOfficeSquad, we understand the challenges of growing a business. This is why we offer various business support memberships, including The Full Flight with COO services to help you with operations, allowing you to focus on overall strategy and growth. Contact us today to make your business more efficient – 702-649-3495.