Still not quite sure what a Virtual Assistant is?
See what the professionals identify it as.
A Virtual Assistant (VA) is a highly-trained independent entrepreneur who provides a myriad of business support services virtually via phone, fax and internet based technology to support and meet the growing needs of businesses worldwide.
Partnering with a VA reduces stress, protects cash flow, eliminates
administrative hassles, and enables business people to find the
success they originally set out to achieve.
A VA is your right hand person helping you to succeed in your business. The irony is you may never meet your VA as odds are they live nowhere near you!
*Source: Virtual Assistant Networking Association Virtual Assistant Definition,
The Largest Global Meeting Place Online for Aspiring and Successful Virtual Assistants
Have questions about how it all works? Here is some research of my own on what you may expect from working with a VA.
Cost Comparison: Full-time Employee versus Virtual Assistant
A cost comparison for a full-time employee versus a Virtual Assistant
| COST COMPARISON | Full-time
Employee | Virtual Assistant |
| Hourly Rate of Pay | $20.00 | $35.00 |
Fringe Benefits @ 35%
(Health/Dental/Life Insurance, Retirement Plans) | 7.00 | None |
Overhead Rate @ 50%
(Office Space, Equipment & Office Supply expense, UI Insurance, Worker's Compensation, Overtime Pay, Administration Costs) | $10.00 | None |
| Total Effective Rate of Pay | $37.00 | $35.00 |
| **Hours Per Year | 2,080 hrs. | 480 hrs. |
| TOTAL Annual Labor Cost | $76,960.00 | $16,800.00 |
Difference = $60,160.00 per year
By hiring a Virtual Assistant...
You SAVE over $60,000.00 per year!
Although the Virtual Assistant's hourly rate is more than the employee's rate in the first place, you save the cost of benefits and overhead that would have to be applied to the new employee's wage. And, because Virtual Assistant's are usually more experienced, more efficient, and better connected than the employee, you'll need to devote far less time to the project to get the same results, only 480 hours a year versus 2,080 for the new employee.
**Remember, with a Virtual Assistant, you only pay for the time on task by the minute! No more paying for socializing, hour long lunches or frequent trips to the washroom. Your employee's 8 hour day can be crunched into 3-4 hours with a Virtual Assistant.
Simply put, you should contract with a Virtual Assistant because it's more cost-effective and Virtual Assistants go above and beyond the normal assistant's duties to impact your own productivity. No task is too big or small for a Virtual Assistant to handle. Even if you only have 1 hour of work a month for a Virtual Assistant to do, a VA can (and will) do it.
Save Money and Hire Your Virtual Assistant Today!
*Souce: Virtual Assistant Networking Association Cost Comparison
The Largest Global Meeting Place Online for Aspiring and Successful Virtual Assistants
7 Benefits You'll Reap By Getting the Right Help
- More Energy. You'll have more energy by letting go of work you hate or don't do well.
- More Time. You'll have more time for the energizing work you love, and to enjoy the fruits of your labor.
- More Focus. You won't be distracted and overwhelmed with work you shouldn't be doing as the business owner.
- More Productivity. With more focus, you'll be more highly productive and effective, getting more done in less time.
- Less Stress. When you are getting things done and actually making progress, your happiness, energy and creativity levels will soar.
- Stronger Foundation. You will be creating and instilling a strong foundation for continued profitable growth in your business.
- Increased Profits. All of these benefits together are the key ingredients for generating revenue.
*Virtual Assistance Chamber of Commerce http://www.virtualassistantnetworking.com/client-guide.htm
For more information concerning VA's, check out these articles:
The Top 10 Things to Know About Professional Virtual Assistants
Get All The Help You Need— Virtually
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