- #Best business plan software for contracting full
- #Best business plan software for contracting professional
The business owner typically oversees the work while it's in process, checks it for quality and accuracy when it's completed, and then presents it to the client. The subcontractor generally handles the day-to-day work of the engagement, whether that means writing press releases, coding HTML, drafting blueprints or preparing tax returns. Typically, the owner or principal of the business meets with the client to develop a solution to the client's problem, recommends a plan of action and estimates the cost of the job.
#Best business plan software for contracting professional
Unlike outsourcing and off-shoring, which typically make headlines when big corporations shift manufacturing or back-office operations overseas to reduce costs, subcontracting is more common among small professional services firms such as public relations and advertising agencies, accounting firms, interior design firms and consulting practices. Of course, subcontracting isn't for everyone. "The bad news is that I need to spend time managing, monitoring and reviewing another person's work." " frees up my time to concentrate on other projects and to bill out more hours," Taylor says. This year, Brad Taylor, a Springfield, New Jersey, CPA, whose one-man business provides tax, accounting, bookkeeping, payroll and consulting services to his clients, hired a part-time accountant to help him shoulder the load during tax time. For some companies, hiring subcontractors can be a stop-gap measure to handle big projects or get through busy periods for others, it's a long-term strategy designed to create a scalable organization at minimal cost. In some cases, the firms are looking to bring in professionals with additional expertise in others, the firms need a skilled pair of hands to help them keep up with seasonal demand.
Like Tamosaitis' Vorticom public relations and marketing agency, many small businesses are subcontracting work to individual service providers and other small firms in order to leverage their in-house capabilities without adding extra overhead. "When this occurs, we seek talented public relations professionals who meet the criteria the client demands." The result: an award-winning PR campaign that got their client placement in W Magazine and on The Today Show."Often a client wants a PR professional with a particular background," Tamosaitis says. Armed with a campaign showcasing Momints as the "caviar of mints" and dozens of mint-filled containers designed to look like Chinese take-out boxes, Marquez marched off to call on editors nationwide.
#Best business plan software for contracting full
Through a colleague's referral, Tamosaitis found Carolyn Marquez, a PR professional with a database full of contacts in the fashion and lifestyle media. When New York City public relations consultant Nancy Tamosaitis wanted to pitch Yosha! Enterprises' Momints to the beauty and lifestyle press, she knew she needed to bring in reinforcements.