Expanding your views of how to build your business’ experience?

Directed fractional teams are becoming the new norm. Fractional employment lets “experience providers” divide their time and market their skills directly to their clients. When a business’ budget doesn’t support a full-time employee or when there are several disparate tasks from different disciplines that don’t amount to full time roles, how do business owners get the focused effort and results they need?

You could hire Part-Time Employees. In an evolving labor market, many people are looking at options to fill the gaps between full-time jobs.  As an employer, the business gets the person needed for the hours needed to fill the gap. However, these part time employees will often be looking for advancement, raises and the opportunity to move to full-time. They may also choose to move on, as soon as a full-time position becomes available elsewhere.

Fractional Experience benefits small businesses better. They can get advanced business experience by only using the fractional team mate for a percentage of their available time, and they can meet the budgetary restrictions. The fractional executive shares their time among several businesses and shares their knowledge and experience through leadership and mentoring. Because of their depth of experience and targeted focus, they get to the job at hand quicker, mentor their colleagues at the client and are able to pass on skills and knowledge. The Fractional model also allows for multiple professionals with unique experience and disciplines to work with a company simultaneously to achieve shared or unique business goals. Sustained success without the immediate burden and risk of fulltime employees is the result.

Fractional worker is a model that is different than hiring people to do exclusively project base consulting, or training. The model allows for skills transfer, mentoring, guidance, facilitation… it is looking at creating sustainable companies with repeatable success. It’s about helping to build small and medium businesses, while maintaining and creating jobs. It’s about taking business experience and feeding it back into business.

Fractional experience helps Canadian business owners sustain and grow Canadian businesses.

How can we help you build your business? info@mycxo.ca