Struggling Jobs Market Doesn't Stop Entrepreneurs
Released on: December 28, 2011, 4:51 am
Outsource My Project
Internet & Online
Despite the challenging economic times entrepreneurs are
helping to guide the UK economy through these difficult times, as both
freelancers fight back against the high unemployment rates and new
start up business look set to boost the national GDP significantly.
As a result of unemployment in the UK steadily increasing, as well as the number of
unemployed people currently being the highest since 1994, research has shown that a
significant amount of people are turning to freelance work, in an attempt to earn
money – an increase of 12% since 2008. With the number of freelancers and new
business owners on the rise, amidst a struggling jobs market, the strong business
spirit is helping us all to avoid a future recession, and to make the very best of a
In the current challenging economic environment, businesses are keen to reduce fixed
costs costs, often by reducing the number of fixed staff they employ, and are
instead employing freelancers. With freelancers working on flexible, short-term
contracts, they are paid on a per work basis and are therefore not paid for the
times when they aren’t needed, helping to minimise overheads.
This has of course shaken up the freelance industry, with a large amount of work
available from many different companies. Whether it be a large retail company
looking for a web designer to design and host their website, or an office based
company needing a professional to undertake some administrative duties, it seems
that outsourcing is the way to go about it, with more outsourcing websites setting
up each month.
With many of the websites offering payment and project management platforms, as well
as a whole host of other support, it’s a hassle-free way for those with the right
skills to earn a sole income, or to supplement their income.
Many people who have been made redundant now seek work through outsourcing websites,
in order to continue earning money during a challenging economic time. The amount of
people freelancing in this way shows that they’re actively fighting the economic
environment, and boosting the UK economy at the same time.
Furthermore, a recent survey has suggested that Britain’s newest start-up businesses
are set to add hundreds of millions of pounds to the national economy next year,
with outsourcing being the concept that looks set to continue leading the way. The
survey, commissioned by T-Mobile and carried out by the Henley Business School,
estimated that technologically-focused small businesses launched in 2011 could
generated a combined £360m for the UK economy in 2012, generating somewhere in the
region of 70,000 jobs.
Outsourcing websites have made it easy for freelancers, from freelance web designers to freelance graphic designers, to find work, whilst also providing businesses with a cheaper
alternative in getting their workload and business functions completed. Loren
Holland, Managing Director of OutsourceMyProject said: “OutsourceMyProject provides
a useful service to freelancers and UK businesses. Our website connects freelance
professionals with businesses looking to outsource their workload, and provides them
with a platform to manage and complete their jobs. We’ve noticed that sign-ups to
the site have increased rapidly over the past 12 months, which is undoubtedly a sign
of strengthening freelance marketplace.”
Established in 2011, OutsourceMyProject aims to bring together providers of
professional services with organisations and individuals looking to outsource
business functions or projects. Following the company's launch more than 2,000
suppliers including legal specialists, freelance content writers and mobile
developers have registered with OutsourceMyProject.com to bid for over £100,000
worth of projects posted by UK businesses.
OutsourceMyProject.com is a member of the National Outsourcing Association (NOA),
the UK’s outsourcing centre of excellence.
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