The relationship between you, as a service provider, and your subcontractors is beneficial on both sides. The fact that you’re making your clients happy and your subcontractors are getting work is just the tip of the iceberg.
Growing Your Business with a Team
One of the most important lessons you learn as a home business owner is that you can’t grow your business alone. If you’re working alone and you can’t outsource projects to others, than all you have is a job. If you get sick, have an accident or just want to go to Disney World, you’re stuck, because you’re the only one who can run your business.
Additionally, if you’re the only one doing the client work in your business, you’re not going to have enough time to do the marketing necessary to bring in more clients. You need more clients to replace those that move on and to continue to grow.
When you hire a subcontractor, you can hand off portions of your projects, or even the whole project and take a management role, freeing up your time to grow your business, while still maintaining quality and timeliness.
Increasing Profits and Capacity
As you become more comfortable working with subcontractors, you’ll be able to add more people to your team. The more you help your clients, the more services they will hire you for and the more income you’ll be able to bring in.
Not to mention, you won’t be tied down by the number of hours you can work in a week. You may be able to only work 60 hours a week, but if you hire three subcontractors and each of them works 20 hours a week for you, you’ll be able to complete 120 hours of work per week.
Because more than one person is working on the project and each person is focusing on what he/she is good at, the project quality is better and the deadlines are easier to meet.
As your business grows, you can serve clients that you would have had to turn away if you were working by yourself and your subcontractors will have more opportunities to grow their businesses under your tutelage. A win-win for everyone.