As a business owner, you know just how many moving pieces it takes to complete a project. You can choose to do it all yourself, but let’s face it, nobody has the time or all the expertise required to properly pull that off.
You can hire multiple individuals with different specialties and skills or an all-in-one team with all the necessary expertise under one roof. In the pursuit of offering excellence and simplicity to her clients, Sophie Zollmann launched her all-in-one team. Hiring an all-in-one team has many benefits compared to hiring individual contractors, especially for complex projects. Here are my top five reasons why an all-in-one team stands head and shoulders above hiring individuals.
An all-in-one team can save money by eliminating redundancy and cutting down on costs associated with individual employees or contractors. You pay a flat monthly fee with a scope of work clearly identified. This means you don’t have to worry about tracking hours, overtime, payroll, overheads, and many other things you need to consider when hiring multiple individuals.
“With individual hires, you need to work out how much you will pay each person per hour and how long they will be required to work. With this style of project completion approach, your budget and cash flow are less known, and there is a large opportunity for hours to creep. Put simply, when you look at the hours you will need to pay each individual person vs. the flat fee you would pay an all-in-one team, the single team is likely to be far more cash-flow friendly,” explains Sophie Zollmann.
A cohesive team is often more efficient than multiple individuals working in silos because everyone understands how their role fits into the big picture. This makes it easier for them to collaborate and develop creative solutions quickly. An all-in-one team also saves time since they don’t need to wait on each other every step of the way – they can move on to the next while someone else works on the current one.
Additionally, it takes an enormous amount of time to look for, interview, hire, onboard and train multiple individuals. This is time spent away from revenue-generating activities. With an all-in-one team, lengthy processes like these are a thing of the past. Almost no training is required on your part as the team is already built out with the experts. It’s just a matter of that team adapting to your processes, technologies, and strategy.
Cohesive Project Management
As the CEO you know your time is best spent working on your business, not in it. Zollmann says, “Hiring multiple individuals would require you to take your own strategy, build it into a plan, break the plan down into the various tasks required for implementation, task each person to get their piece done, ensure the job is being done, conduct quality assurance processes, manage your people and on and on it goes. With an all-in-one team, you need to do none of that. Your team operates like a well-oiled machine delivering top-quality work according to your strategy as and when you need it.”
Legalities Made Simple
Under the operation of an all-in-one team, your legalities are made a whole lot simpler. Because everyone is part of a single entity, there are no additional legal fees for separate contracts or any other administrative tasks that would be needed when dealing with multiple individuals. You will have no need to retain an attorney to do all the in-house legal around employment. This saves you both time and money.
If you hire multiple individuals, if someone quits, you have to fire someone, or you need to expand the team, you have to go through the whole process of recruiting, hiring, training, etc., all over again. Every time.
With one team, you don’t need to worry about hiring new people – the team continues to work seamlessly whilst that person gets replaced by your all-in-one team project manager. “All-in- one teams have the resources to bring people on easily and quickly. There is no break in the workflow, and the single team is well-prepared to cover roles from the get-go, ensuring no downtime if someone takes leave or is off sick,” states Zollmann.
Overall, I think you can agree that an all-in-one team has many advantages. They can provide a cohesive unit that can move quickly and efficiently to get the job done, and they often come at a lower cost than multiple individual contractors. So if you have a project coming up or your business is thriving and it’s time for next-level business support, consider hiring an all-in-one team instead of multiple individuals. Ultimately, it will likely save you time and money while yielding better results.