Significant Micro-Business Opportunities Ahead for Contractors
Contractors are best placed to bring the type of skills that may be needed by organisations as opportunities grow in the months and years ahead.
Organisations may find themselves at a significant disadvantage unless they pay more attention to a broadening and deepening skills shortage across a range of industries. Professional Representation Network wishes to stress to organisations that any economic recovery may be relatively short-lived unless they identify and try to do something about shortages in key areas.
Contractors are best placed to bring the type of skills that may be needed by organisations as opportunities grow in the months and years ahead. While larger organisations may be better placed to invest in education and in-house resources, the smaller organisations are often not.
Yet it’s in the fate of these micro-businesses that economic recovery rests. Fully 25% of all micro-businesses surveyed recently within the Recruitment and Employment Confederation’s Job Outlook, indicated that they would be engaging at least one contract worker in the next few months. As many thousands of these businesses enter the market for the best contractors, organisations large and small will have to retrench and consider their position. These client organisations will have to weigh up what they’re putting on the table against likely competition from across the sector. Furthermore, they will have to consider just how important the individual contractor is in relation to that skill shortage we were talking about.
Professional Representation Network is in the process of advising all contractors to consider investing in skill accumulation and the adoption of new and necessary bases of knowledge. It’s not only important for their own long-term employment prospects, but also from the point of view of the overall economic recovery across the nation.
Micro-businesses will increasingly rely on the ability of the contractor to keep ahead of developments in this field. As resources will often not be available to garner this knowledge directly, in-house, this type of dynamic is likely to weigh pretty heavily in the favour of the conscientious contractor.
Lastly, contractors who are used to targeting only the larger, legacy corporations should discuss how to deal with the demands and needs of micro-businesses with their professional representative, so they’re ready for the new opportunities as they unfold. Often, a different style of approach is needed at the negotiating table and the professional representative can help to ensure that the contractor is ready for this.
About Professional Representation Network
The Professional Representation Network is a complete contracting provider, providing a variety of services to contractors from varying industries around the world. They identify opportunities, negotiate contracts and provide support to contractors at every stage of the relationship. Relying on 40 years of experience in consulting and representation and access to an established network, Professional Representation Network brings passion to help develop a contractor’s professional life.
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- VMF Ltd
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