Business organizations want to develop a successful business strategy to achieve their desired market goals. If they are providing great services or products to their customers, then there must be a collaborative teamwork behind their success. This team could be Virtual or In-House, as it completely depends on the nature of the business of a company plus their market strategy, which they have developed to successfully, achieve their targets. It is a very crucial part for every business owner to decide, whether the business needs a Virtual staff or an In-House staff as both of them possess their own benefits and limitations.
All businesses want to save their money and time in order to achieve higher profits through their smartly devised business strategies. Hiring a virtual staff gives business owners unlimited benefits, whereas an In-House staff may offer the same qualities but with a higher risk of administrative dysfunctions.
So, why not just look at the qualities and benefits they both provide to a business for better growth and profits.
Management
In-House staff employees need to reach their work places regularly at fixed timings where they are monitored by their supervisors for their assigned tasks. While Virtual Staff members do not require such supervision, for they are trained to deliver high quality work by simply assigning them the required tasks. Business owners can travel anywhere for their business without stressing out about their work as the virtual staff will always be ready with the accomplished projects without any vigilant supervision from your end.
Economical Value
Some businesses are still confused whether to hire a Virtual staff of In-House staff? However, it is an obvious fact, that when you set up an office it increases your expenses. If you have a bigger staff, then you have to spend a huge amount of money on all the equipments, accessories, internet, food, and transportation that is required to maintain and manage a better working environment.
A virtual staff sets you free from the hassle of buying expensive office equipments such as computers, software, and other liabilities. Most importantly, they are not as expensive as compared to your In-House employees.
As virtual staffing has now begun to show true dedication and motivation towards their clients, more and more businesses are moving to hire a virtual staff for their business success.
Diversified Qualities and Talent
In-House staffing might be more experienced in the industry, but they may not be able to adapt to the latest technology trends. Whereas, a virtual staff is fresh, talented and highly skilled and just according to the budget of the company. An In-House staff always demands higher wages, but on the other hand, by hiring a virtual staff you can save that amount of money and can spend it on the growth of your business.
Rate of Productivity
In-House staffing requires proper management. When you are focusing on your business growth, you have to look out to all the micromanaging operations going in your work place. While a virtual staff understands the value of your time and money and provide you with all the assistance that you need to grow your business. They know what the requirements to run a successful business are. They are the true assets of your business.
An in-house staff often delays work just because of poor organizational management practices. Virtual staff works on a well-managed schedule. Even when you assign them numerous tasks, they are always ready with your work before deadline.
If you are smart enough, then there is no need to elaborate more about which staff you must hire to run a successful business and increase your profits. By picking up the right one for your business, you can speed up your operations and create a win-win relationship between your staff and your business.
http://www.algacpa.com/taxman2.jpg
Shamim Rajani is the Chief Operating Officer (COO) at Genetech Solutions, a one stop shop for all web services specializing in Web Development, Customized Web Applications, Social Media Marketing and other IT related services. Follow her on twitter @ShamimRajani & Linkedin.
