Many businesses begin with very few employees and, as such, are incapable of completing larger projects. Instead of resigning your business to fight for pennies, learn to use the strengths of other businesses to propel yours to the next level. It’s possible, if you’re really savvy, to even use the strengths of other businesses as your primary business.
Ben Jones, Founder of One World Trading, is our featured guest in this Episode of The Small Business Trends Radio. Ben walks us through the endless opportunities of sub-contracting.
Here’s a sampling from the show:
- A sub-contract — is an agreement between two companies providing services or products. One is a prime contractor that has negotiated an established agreement with a customer which is already in place. The sub-contractor then receives all or part of the responsibilities according to the agreement.
- One strong advantage — of hiring sub-contractors is the ability to take a job you may not have been able to perform otherwise. For example, if a job requires a particular specialist and you do not employ one, hiring a sub-contractor allows you to take the job, provide the specialist, perform the service and make some money.
- Where is the best fit — for the sub-contracting concept? Anywhere that you see a need for a service or product – that you can negotiate fulfillment for.
Learn how you can utilize the concept of sub-contracting to substantially increase your earnings now by listening to Ben’s full interview by clicking the red and yellow player below.
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