Deciding whether or not to add contract staffing to your business model is primarily a business decision, but it’s one that can also have profound effects on your personal life.
One of the biggest advantages of contract staffing is that it offers a steady cash flow. This can do way more than just help you pay the bills. Think about it, when was the last time that you took a REAL vacation, one where you weren’t constantly checking email or taking client phone calls? When permanent placements are your only source of income, being away for a whole week can really hurt. But when you have contract placements, the money keeps rolling in whether you are working or not, so you can vacation without stressing out over the permanent placement opportunities you may be missing.
In fact, making contract placements can give you general peace of mind, which can benefit every area of your life. During the slow times, you don’t have to lay awake at night worrying if you will be able to make ends meet. You can take occasional breaks to hit the golf course or spend more time with your children or grandchildren. Contracting may even help you retire because the steady cash flow that comes from contract placements can make your business more attractive to potential buyers should you decide to sell.
