Training Company versus Freelancer
Training is a recurrent exercise that ought to be carried out regularly by an organization. It increases employee morale, builds skill levels and also introduces the employees to new ideas. The essence of training in an organization can, therefore, not be understated. It is for this reason that it should be taken seriously and with utmost diligence. But then who carries out this training?
Training may be undertaken by companies or individuals. A training company is an organization that specializes in improving the skills of a particular field. It is comprised of one or more professional but carries on business in its own name. Individuals, on the other hand, carry on business in their own name. In different industries, they are termed as freelancers in the sense that they answer to nobody else except themselves, at least with regard to the conduct of their business.
An entity looking to train its employees may go either way. They may choose to hire a company or a freelancer depending on their needs and other considerations. Both companies and freelancers have their advantages and disadvantages. It would be prudent to assess these merits before engaging either.
One of the advantages of hiring a training company is security. Companies offer security in the sense that it is a universal requirement for companies to be registered under the law. The risk of a company avoiding liability is therefore minimal. A training company will have a permanent physical address, postal address, and one can always access the names of the company directors and shareholders from the registering entity. Moreover, it would be easier to pursue a company in court proceedings if anything were to go wrong. Most important, however, is that a training company will often have a pool of professionals. Working together, these professionals can accomplish a great deal of training in a shorter period than a single trainer can. On the downside, training companies levy exorbitant prices.
Freelancers are often cheaper than companies. They move faster since less time is spent making bureaucratic decisions. The disadvantage of a freelancer is the risk of flight when they have not done their job and have been paid. They will be difficult to locate and impose liability on. Freelancers are also limited to training only those skills they are competent in.
In general, it would always be safer to hire a company over a freelancer. Otherwise, where the training sought is minimal or the budget limited, opting for a freelancer would be the better option to take.