​Virtual Assistant Needed!

There was a 24% leap in new business licenses filed in 2020 vs. 2019, or 4.3 million new businesses created during the first year of the pandemic.  The surge in new compaines is continuing in 2021.  So, what do all those 4.3 million plus new businesses need?  Well, lots of things, but one thing most of them need is an organized, reliable, accurate, friendly, and resourceful person to assist them virtually so the founders can work on growing their businesses.
 
Are you thinking about starting a new business that helps you balance work and life or helps you build a financially successful asset for your retirement?  A Virtual Assistant Business that provides strong candidates with those qualities to small, medium and/or large businesses in the US and possibly abroad could be a great idea.  
 
Here are some things to consider for your new business idea:  
 
1)  Will it be profitable?  It can be.  It would be a very good idea to attend The Profitable Idea workshop to make sure you have the information and tools you need to build a strong, profitable and sustainable business.

2)  Do you have everything you need for the job?  Remember, a reliable VA has reliable technical support.  That means necessary hardware and software to meet client needs as well as those of your own new company.
 
3) How can I get funding?  If you need funding to buy the necessary hardware, software, and technical support, check out new business grants from these resources.  If a grant is not an option, then consider a loan, or do what most entrepreneurs do – use credit cards.  But, please make sure you pay back the debt first!  The interest rates will kill a small business's profitability!

4)  How can I price billable time?  Find out how VA time is priced for your target market.  Generally, the time is priced by the hour, although in some cases, VAs work for retainers.   Before the pandemic, the average price/hour was about $38. 
 
5)  How do I begin?  As you are, no doubt, an organized, reliable, accurate, friendly, and resourceful person yourself, you could first try to sell your time to your target market, either through another virtual assistant business (to learn the ropes) or by going directly to people you know who know business people.  You’ll find a client eventually that way, and even more easily these days.  Write everyone you know a very well written email announcing your new business offering!  Ask people to spread the word, and they will.
  
6)  What if I get too much business right away?  What a great problem!  Better be well versed in hiring new Virtual Assistants to work for your company!  LinkedIn may be a great way to start the pre-recruiting process.  Know who you would hire before you need to hire them.  Plus use other social media where Virtual Assistants spend time.  
 
There’s more, to be sure.   Note, The Profitable Idea is looking for a Virtual Assistant – someone who is organized, reliable, accurate, friendly, and resourceful!  Apply here!

All the best!

Amanda