Natalia Shpitula

Edited at July 03, 2024

What Young Companies Should Know: Overcoming Key Challenges

IT news

The IT world is evolving rapidly, and this is a challenge for young companies. From legal costs and hiring qualified staff to bench management and creating marketing materials, each of these aspects requires careful attention and a strategic approach. While you can’t fully avoid those challenges, you can turn them into real opportunities for growth and development if you know how to overcome them. 

Staff augmentation companies like Red Jumpers are becoming a lifeline, helping young projects overcome these difficulties and succeed. This article is the so-called cheat sheet for young companies, letting them understand the key points and get the most out of the cooperation.

What Young Companies Should Know

Legal Expenses and Support

Starting a new company is exciting but it also comes with legal challenges, especially if you haven’t worked with many clients yet. That’s where the Red Jumpers team comes in. With seven years of experience, we’ve seen it all and know how to avoid the common pitfalls.

We can help you set up effective customer relations by figuring out what needs to be agreed upon before starting a project and making sure it’s all spelled out in the contract. For example, you need to decide whether the project will include paid vacations and, if so, who covers the cost. It’s also important to sort out if sick leave and public holidays are included and whether payments will be made upfront or after the work is done. Having clear terms in the contract helps avoid misunderstandings and conflicts down the road.

We’ll also assist you in properly qualifying customer requests. This means identifying key questions that need to be answered for smooth cooperation. For instance, it’s crucial to clarify project requirements, deadlines, technical details, and any specific needs of the client. Understanding these aspects will help you deliver high-quality projects that meet client expectations.

If you don’t have a sample development agreement or agency agreement, we can provide you with templates that have worked well in practice. Having well-structured and proven contracts will save you a lot of hassle and ensure everything runs smoothly.

Searching for and Hiring Qualified Staff

Young companies often struggle to quickly assemble a qualified team for new projects. If you’re unsure how to do this efficiently, Red Jumpers can step in as your recruiting department, even if your company doesn’t have one. We’ll help you find the best candidates and organize interviews, ensuring a smooth hiring process.

A common issue when hiring is the lack of clear criteria for evaluating candidates. Red Jumpers provides the tools and guidance you need to properly assess and qualify candidates. This includes technical and skills testing as well as ensuring they fit your company’s culture. We’ll help you determine the skills and experience needed for your project, so you can find the perfect match.

Hiring new employees can be time-consuming and may delay project starts. Red Jumpers has an extensive candidate database (just imagine – 7000+ vetted engineers!), enabling us to quickly find the right specialists. Our team of professionals pre-screens candidates, significantly reducing your search and hiring time.

We also organize all stages of the interview process, including technical and behavioral interviews. This allows you to focus on your core business without getting bogged down by recruitment tasks. Our experts conduct preliminary interviews to filter out candidates who don’t meet your requirements, making the hiring process more efficient.

Bench Management

Bench management is crucial for a company’s success. Having too many employees not engaged in active projects can become a financial burden. Red Jumpers offers effective bench management strategies to help with this issue.

We use the RJ app to post current requests for different technologies and skill levels, allowing you to quickly find projects for your specialists. This helps reduce employee downtime and the associated bench costs. By efficiently managing your bench, you can keep your team productive and your expenses under control.

Preparing a Candidate for the Interview

Having a well-designed resume is key to landing a job. It’s more than just listing the candidate’s skills and experience – it’s the first thing employers look at to gauge a specialist’s suitability. At Red Jumpers, we understand how crucial this document is and offer to create an organized resume in our RJ App editor service. Our experts will work with you to create a clear, structured resume that really showcases your achievements and skills. 

Apart from that, we’re here to give you valuable advice on how to ace your meetings with potential employers. We’ll dive into what really matters for a successful interview, like preparing solid answers to common questions, backing up your achievements with specific examples, and showcasing your problem-solving skills with real-world scenarios.

We’ll also guide you on the finer points of making a great impression during the interview. From body language to communication tips, we’ll help you avoid common mistakes and make every moment count towards impressing your future employer and reaching your career goals.

Creating Marketing Materials

Marketing materials help to increase brand awareness, attract new customers, and strengthen relationships with existing ones. At Red Jumpers, we’re ready to help you with all aspects of creating marketing materials to increase the effectiveness of your marketing strategy.

If you don’t have any case studies or polished presentations ready, we can assist you with that. We can gather compelling success stories from our partners that showcase your projects effectively. This way, you’ll be able to demonstrate your achievements more convincingly to potential clients and investors.

We don’t just create impactful marketing materials; we also actively promote your brand within our extensive client and partner network. If your products or services are unique or compelling, we’re eager to showcase them to our audience, helping you attract more attention and support. It’s all about boosting your visibility and reaching new heights together.

Managing Irrelevant Leads

Not all the leads your company receives will be relevant to your services. This can be due to various factors, such as the fact that the client is looking for other technologies or has a smaller budget than you expected.

Red Jumpers can help you manage and monetize irrelevant leads. At Red Jumpers, we’ve got a partnership program where you can make money from leads that might not quite fit your current needs. Here’s how it works: if you send us your irrelevant leads, we’ll match them with the right contractor. And for each project that kicks off, you can earn between $1,000 to $1,500 a month throughout its duration.

It’s a simple and free way to boost your company’s revenue. Just pass along those leads that aren’t quite hitting the mark for you, and we’ll take care of the rest, making sure they still bring in some extra cash for your business.

To Sum Up

Partnering with Red Jumpers gives young companies the tools they need to tackle all kinds of challenges on the road to success. Whether you need legal advice, help with hiring, managing your bench, or creating marketing materials, we’ve got your back. Cooperation with Red Jumpers can help young companies:

  • increase the company’s revenue
  • save time and money on hiring in-house candidates
  • increase sales
  • get verified candidates who meet the requirements of the request
  • be able to quickly resolve force majeure
  • build high-quality and long-term cooperation
  • avoid the accumulation of benchmarks
  • make a statement about your brand and team
  • find additional sources of leads
  • expand the team’s expertise and skills
  • always be aware of where the market is headed.

July 03, 2024