How big firms deal with the shortage of business valuation freelancers
When there are fewer than 12,000 certifications issued by credentialling organizations (and many appraisers have more than one!), finding domestic freelancers to staff a business valuation firm isn’t easy. Some larger firms have already recognized the talent-pool problem and are taking steps to address it, to their own advantage.
To wit: The big guys often don’t rely on freelancers at all, since they can create their own in-house teams.
Bully for them. If you’re running a smaller operation, you probably can’t afford to recruit, onboard, train, and pay, month in and month out, your own full-time staff.
It’s also a sad likelihood that the Big Name Firms that do occasionally rely on freelancers probably don’t have to go far to find them, since the freelancers are probably seeking them out looking for opportunities (and outrageous salaries). If they do actively recruit, they’ve got the resources to aggressively market their open positions and projects.
This doesn’t mean you can’t compete if you’re running a small- or medium-sized business valuation firm. In fact, we’d say you’re in the catbird seat here, with access to all the superior advantages an outsource firm can offer: highly educated, well-trained professionals with exceptional communication skills and a command of American business culture, who operate on your schedule and according to the demands of your workflow.
Give us a call and we’ll put our heads together to explore your options.