‘The Potential Boom for Consultants’ by Michael Newman
Michael Newman’s latest ‘e-Wealth Daily’ article is titled “The Potential Boom for Consultants”. [‘e-Wealth Daily’ Article]
Michael Newman’s latest ‘e-Wealth Daily’ article:
The Potential Boom for Consultants
According to recent statistics, there are over 11 and a half million people across the country who are unemployed and actively seeking work. 11.5 million! That tells us two things:
the first is that there are a lot of people out there looking for work. The second is that there isn’t a lot of full-time work available out there.
Of course, this shouldn’t come as a huge surprise. It’s been well documented that companies are making big-time layoffs and a number of other small businesses are either going under or are heavily scaling back their operations to match new budgetary restraints.
Even as the amount of full-time work available dwindles, there are opportunities that exist that can help you make money. In fact, recent statistics show that, of those 11 million looking for
work, eight million have taken on a part-time job. You see, just because full-time jobs are cut back, it doesn’t necessarily mean that they still don’t have to be done — it just means that they
have to be done differently. The new way for companies to get the job done is efficiently and cheaply, which means hiring part-time workers, contractors, consultants or freelance
employees to handle the jobs that were hardest hit by downsizings.
One of the options you may want to look into as a part-time, at-home worker, or even if you’re just looking for a new income source, is to start a consulting business. As was
mentioned, many businesses are looking to cut jobs in order to save money.
Since the job still needs to be done, they are much more likely to outsource such jobs to contractors or hire the help of consultants. This is because there are a number of costs that are
eliminated when consultants or contract workers are hired. For starters, they don’t provide contracted workers with health benefits, match retirement savings, or pay them when they’re
not busy. Basically, there is no extra or wasted money being spent: they are paying for exactly what they need without the other attached costs that come with hiring a full-time employee.
This provides you an opening if you’ve got the kind of marketable skill that a business is looking for. It really doesn’t matter what your skill is, as long as it is applicable to some industry or business, somehow. Perhaps you could work in data entry, accounting, supervision, or anything at all. Basically, if you’ve lost your job, it means there is an opening. Try to fill it as a private contractor or consultant.
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