Subcontracting is a lucrative opportunity to scale your business up without incurring the overheads associated with it. A freelancer who executes all projects by herself may only be able to take on fifty or sixty hours of work each week.
On the other hand, subcontracting these projects to other third party vendors can help her execute a larger number of projects. So while the margins in each of these projects may go down, it is possible to make this up with higher volumes.
But subcontracting can be tricky business. Clients work with freelancers who they trust and can rely upon to get work done.…Continue reading