Company Overview

Lance1000 Global Private Limited offers an innovative online job classifieds platform that aims to connect organizations with top talent and job seekers to find their dream opportunities. This is by providing comprehensive solutions that caters to the needs of both employers and job seekers, while creating multiple income generation streams for our company. The business will operate on a multifaceted business model designed to generate revenue opportunities while delivering exceptional value to our users.

Here are some key aspects of our business model:

1. Job Posting Fees: Employers and recruiters are charged a nominal fee to post job listings on our platform, allowing them to reach a wide audience of qualified candidates.

2. Featured Listings: By offering premium services where job listings can be featured prominently on our website for increased visibility and engagement.

3. Subscription Services: Organizations can subscribe to our platform for access to exclusive features and benefits, g such as discounted job posting rates, priority placement, and advanced analytics.

4. Resume Database Access: Recruiters and employers can have access to our database of job seeker resumes for targeted candidate searches, with options for advanced filters and customization.

5. Advertising: By monetizing our platform through targeted advertisements from relevant businesses and services, ensuring maximum exposure for our advertisers while providing additional value to our users.

6.Premium Services for Job Seekers: Job seekers can opt for premium services such as resume writing assistance, interview preparation, and career coaching for a personalized and comprehensive job search experience.

7.Data Insights and Analytics: Using our platform to provide valuable insights and analytics to organizations based on job market trends and user behavior, offering actionable intelligence to inform their hiring strategies.

 

 

Freelance platform is an online marketplace that connect Companies with independent professionals who offer their skills and services on a project-by-project basis. Our business is to access a local pool of talent, reduce hiring costs, and increase flexibility and efficiency. We connect Companies with independent professionals who offer their skills and services on a project basis. These platforms enable Companies to access a global pool of talent, reduce hiring costs, and scale up or down as needed. They also provide freelancers with flexible work opportunities, diverse clients, and fair compensation. Scale up or down workforce according to needs. Companies can hire freelancers for short-term or long-term projects, without the hassle of contracts, benefits, or overheads. This way to adjust team size and skill set to match goals and budget.

• We offer various features and tools to help Companies find, evaluate, and hire freelancers. These include ratings, reviews, portfolios, tests and more. Companies can also post their project requirements and receive proposals from freelancers who match their criteria.

• Our Platform provide various tools and features to help Companies and freelancers work together effectively and efficiently. These include project management, file sharing, invoicing, payment, dispute resolution, and more. 

• One of our main advantages of freelance platform is to help Companies save time, money, and resources. Hiring freelancers with on our platform, Companies can benefit from the following aspects:

Flexibility

oCompanies can hire freelancers on-demand, for short-term or long-term projects, and for specific tasks or roles. This allows Companies to adjust their workforce according to their needs and goals, without having to commit to permanent contracts or overhead costs. 

Cost-effectiveness

oCompanies can save money by hiring freelancers who charge competitive rates, often lower than the market average. Freelancers can offer lower rates because they have lower expenses, such as office rent, equipment, taxes, and benefits. Companies can also save money by avoiding the costs of hiring, training, and retaining employees, such as recruitment fees, payroll taxes, insurance, and severance pay. 

Quality

oCompanies can access a large pool of talented and skilled freelancers who can deliver high-quality work. Freelance platforms usually have rating and review systems that allow Companies to evaluate the performance and reputation of freelancers. Companies can also browse through the portfolios and samples of freelancers to find the best match for their projects. By hiring freelancers, Companies can ensure that they get the best results for their budget and deadline. 

Another challenge of hiring freelancers is ensuring the quality and reliability of work. Freelancers may have varying levels of skills, experience, and professionalism. They may also have multiple clients and projects at the same time, which can affect their availability and commitment. To overcome this challenge, Companies should carefully screen and select the freelancers they want to work with, based on their portfolio, ratings, reviews, and references. They should also conduct interviews, tests, or trials to assess their suitability and compatibility for the project. Furthermore, Companies should monitor and evaluate the progress and performance of the freelancers and provide incentives and rewards for high-quality and timely delivery.

Communication and collaboration

oOne of the main challenges of hiring freelancers is ensuring clear and consistent communication and collaboration throughout the project. Unlike in-house employees, freelancers may have different time zones, work schedules, and preferred modes of communication. This can lead to misunderstandings, delays, and conflicts. To overcome this challenge, Companies should establish a regular and reliable communication channel with the freelancers, such as email, phone, video call, or chat. They should also set clear and realistic expectations, goals, and deadlines for the project and provide timely and constructive feedback. 

Security and compliance

oNext challenge is ensuring the security and compliance of work. Unlike in-house employees, freelancers may have access to sensitive and confidential information and data that belong to the business or its clients. They may also have different legal and ethical standards and obligations that may conflict with those of the business. To overcome this challenge, Companies should establish and enforce a clear and comprehensive contract or agreement with the freelancers, that covers the scope, terms, and conditions of the project, as well as the rights, responsibilities, and liabilities of both parties. They should also implement and monitor security and compliance measures, such as encryption, authentication, authorization, and auditing, to protect the information and data that are shared and exchanged with the freelancers. Additionally, Companies should educate and train the freelancers on the relevant laws, regulations, policies, and best practices that apply to the project and the industry.

Fees and payment methods

• The commission or service fees charged by the platform, as well as the payment options and frequency for both Companies and freelancers. Platform’s commission is 2% from the cashflow. Payment platform will be used as an instrument for making payment between companies’ talents, jobseekers and employers.

Summary 

We have explored how to provide access to a global pool of talent, reducing costs and risks, increasing flexibility and innovation, and enhancing customer satisfaction. We are not only beneficial for Companies, but also for freelancers who can enjoy more autonomy, diversity, and opportunities. 

However, to offer the best service, both parties need to follow best practices of the world.

 

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