Consider this:
1. Are you running your business or is your business running you?
2. Is running your business more work than you thought it would be?
3. What is one hour of your time worth?
If you’ve been thinking about working with a Virtual Assistant, congratulations! That means you have identified areas of your business that you need help with…and you’ve finally admitted that you can’t do it all by yourself any more. You could easily hand these duties over to your Virtual Assistant (or VA) to manage for you.
If you're wasting time on administrative tasks, you're probably not growing your business (and let’s face it, it’s not the work you want to do anyway). If you're not growing your business, you're not making money.
Some business owners put off hiring a VA until they "hit the wall." Things like overdue bills, missed appointments, late projects, and unreturned phone calls add up until the business (and possibly the owner) nearly collapses. Working with a VA allows you to focus on the things that require your attention and expertise – and generate revenue. (Let’s not forget the reason you started your business in the first place.) A VA handles the things that will keep your business running smoothly, such as client relationship management, maintaining your calendar, sending out client welcome packets, and managing your email. Some VAs also have experience in marketing, web design/maintenance, and e-commerce.
Most people who are considering working with a VA wonder if they can afford it. Referring to question #3 above, what is one hour of your time worth? For example, if you charge $100/hour for your services, and pay a VA $50/hour for hers (or his), you are realizing a profit of $50/hour. Why spend your valuable time doing administrative work when you can pay a professional VA to handle it for you?
Let’s take this one step further. Say you are spending 20 hours a month on the administrative part of your business (that’s less than one hour a day). If you pay a VA $1,000/month to do that work (20 hrs x $50/hour), you will have 20 more billable hours per month ($2,000 in additional revenue) and will therefore enjoy a net profit of $1,000 per month, or $12,000 per year. Ask yourself this: Can you afford not to work with a Virtual Assistant?
Kim Murray is the owner of Harmony Virtual Assistance, LLC (www.HarmonyVA.com). She is also Marshall Brown’s Virtual Assistant. If you would like to learn more about virtual assistance, please visit Kim’s website or check out the client information available at www.AssistU.com.