How To Set Up Virtual Assistant Business
If y'all're looking for a free Virtual Assistant business plan template, yous're in the correct place sugariness cakes.
Well, kind of.
Let's be honest here.
I don't ACTUALLY believe that y'all need a business plan to start a Virtual Assistant business.
*gasp*
I know, right?
Hither's the thing…
You don't necessarily need a business organisation plan in the traditional mode that most people talk about business plans.
Generally, you demand a business programme when you're looking at taking out some kind of funding, trying to become a loan or investment, or you're going into some kind of a partnership agreement.
Do you need ANY of that to start your own at-home VA business?
Nah-uh.
Being able to starting time a Virtual Assistant business is so elementary that typically you don't need any outside funding.
Well-nigh Virtual Assistants are able to bootstrap their business concern, which ways you don't need the formal 20-page business organisation plan that most people SAY you demand whenever yous're starting a business. Y'all don't need that.
What you DO need, though, is a program.
A programme on how to set upward your business. A programme on how to toll and package your services. A plan on how to market place your business.
And that'south what I'g here to give you lot today!
So while you may have stumbled upon this blog looking for a business plan… what yous're actually going to get today is my anti-business programme.
Enjoy : )
At that place are actually simply two steps in my anti-business programme.
Here they are:
Pace ane: Follow a footstep-past-step template of what you lot need to do to get your business organisation rolling and to start getting clients.
Stride 2: Set up goals for yourself so yous can project where your business is going in the adjacent 12 months.
Let'due south swoop into each one in full detail.
First, we're going to follow a footstep-by-step template of what you need to practise to get your business organization rolling and to outset getting clients.
One of the nigh important things you tin practise when you lot are starting a new business organisation is to follow the steps of someone who has successfully gone before y'all.
You wouldn't build a house without a design, right?
You wouldn't bake for the first fourth dimension always without a recipe, correct?
You wouldn't try to put together that crazy new Christmas toy with x,000 pieces on Christmas Eve with no instructions, right!?
Ok… perhaps I've done that last one before. I digress…
If you are going to start a virtual assistant business concern, I suggest taking the advice of successful VA's who have already done this thang.
That'southward why I created my VA Checklist & Starter Kit. It'due south LITERALLY a step by footstep listing of everything yous need to go your VA business concern set up correctly.
Permit's get over the master points of the checklist.
Step 1: Select the services you're going to offering equally a Virtual Assistant.
Tin you answer customer service emails?
What almost setting appointments or taking phone calls?
Tin y'all write social media updates or a blog post?
There are So many services that you tin offer as a virtual assistant. Don't exist overwhelmed by all of the things you *don't* know how to exercise. Even ane or two services done REALLY well could make the perfect online service business.
So write it out – what can y'all do that would be helpful to a small concern owner? I recommend checking out my list of l services y'all can offer as a Virtual Assistant to get an idea of what types of tasks are possible.
Whatever it is you choose to offer as a service, exist certain to determine that before y'all start marketing your business.
Click here for a list of 50 services you can offering as a Virtual Assistant.
Step 2: Choose an hourly rate or put your services into dissimilar packages.
A packet enables clients to meet exactly what yous offering in a really clear format.
Function of your Virtual Assistant Concern Plan needs to include what you're actually going to offer!
Yous may choose to do packages of hourly services. This would mean that a client would purchase a parcel of hours to employ throughout the month. All of your services would be included in those hours.
For example, a Virtual Assistant might say he or she offers 10 hours of virtual assist in a packet for anywhere between $300 – $400. This packet so comes out to a $30 – $40 hourly rate.
Hither is how your hourly virtual assistant packages pay look:
Y'all may choose to do "package based pricing". Packages are astonishing considering they enable you to get paid more than per hour as you get faster at your chore. With this blazon of pricing – the client isn't as concerned with how many hours information technology takes you to become the job done. The master appeal is that yous are getting a specific result for your customer.
Krystal Clark from Krystal Clark Creative has a Dubsado Setup Package that helps wedding photographers get their onboarding process to a seamless state. This is a one-time payment parcel, with payment plan options.
If yous don't want to have prices listed on your website, that is totally fine. Some VAs cull to say "prices starting at" on their website so they weed out clients who tin't afford their rates, but aren't locked into a certain price earlier having a discovery call.
Kristiina Chicken showcases her services and the value that they bring without locking herself into a specific price.
Click hither for more information well-nigh how to price your services.
Step 3: Determine how much time you can commit to your business.
Every calendar week, I suggest starting your week by making a task list and blocking off blocks of fourth dimension on your calendar. Even one hour a day can make a HUGE difference when information technology comes to edifice your business.
When are the chunks of times yous're going to work on your business organisation?
Are you lot going to wake upward a few hours earlier?
Stay up a few hours afterwards?
Work during nap fourth dimension or your lunch break at work?
The truth of the matter is, you aren't going to Notice time to work on your business concern.
You will have to MAKE time.
Y'all need to decide how much fourth dimension you tin can realistically commit, and that's going to help you determine how much money you lot can make in your business.
Pace 4: Pick a name for your business.
Hear me out.
I KNOW you want to choose something that's fun or unique, but don't get so stuck on the proper noun that you don't move forward.
I encounter and so many people getting caught up on their business name that they spend three months thinking of options and then never just Become STARTED ALREADY.
Don't exist that guy.
I was able to replace my income with my business organization, and my business name was only "Abbey Ashley Virtual Assistance."
So fancy, right?
So, don't get as well defenseless up on trying to think of something super, super fun and fancy. Just choose a proper noun, and get started with it.
This is why my Virtual Assistant Concern Plan is actually an anti-business plan. I'grand not all about getting yous caught upward in the details that prevent you from starting. Allow's do what you lot Demand to do and get started!
Make sure that you secure the domain name for your business name. I love using Namecheap—it is my favorite place to buy domains.
Also, you volition want to caput over to the USTPO website or Trademarkia to ensure your business organisation proper noun and domain are not trademarked.
As you're doing all of this, you might want to go ahead and secure your social media channels. Brand sure your Facebook Folio says "Facebook.com/AbbeyAshley" (or /your business name). Go alee and secure your Instagram, Facebook, and LinkedIn profiles, if you're able to.
Learn how to choose a name for your Virtual Assistant concern with this helpful mail!
Stride 5: Make up one's mind on your Processes.
Imagine, you lot have your first client that says, "Aye, I desire to hire you!"
After you've run around your house screaming in excitement, what are your adjacent steps?
There are several things that you'll need to decide.
- How will I invoice my clients?
- Are payments due on receipt?
- How often volition we encounter together?
- Will we exercise a phone, in person or video chat when nosotros meet?
- How will my clients hand off tasks to me?
- What kind of contract will I take and how will they sign it?
- What will be my working hours? What volition be my turn effectually fourth dimension for projects?
- How will yous ask for testimonials/referrals for your clients?
- Will y'all track fourth dimension? If so – what tool will you use?
At that place are SO many choices to make when it comes to running your business organisation. That'southward why I recommend downloading this 53 page Resources Guide with all of my favorite TOOLS to use every bit a virtual assistant.
Step half dozen: Prepare the Legalities.
The very first "legal" matter you'll want to do for your business concern is set up an EIN number.
At that place are services that you can pay to do this for you only it is And so easy peasy that you actually tin exercise information technology yourself!
Here is a link you can use to gear up up your ain EIN number.
You tin too check more details on how to get an EIN Number at LLC Formations. You lot're going to utilise this EIN number for tax paperwork instead of your social security number.
Sugariness Babe Jesus, please don't give your social security number out to people.
You'll want to apply your EIN number instead.
Over again, it's totally free. No excuses!
Recollect, you'll as well need that EIN number in order to get your business checking account. Your business concern finances should be separate from your personal finances, and y'all'll need an EIN number to set upward a business organization checking account.
You'll also demand to decide if you lot desire to set upward an LLC for your business, or not.
While I suggest every person sets upwardly an LLC eventually, y'all take to make up one's mind when the right time is for you lot.
Got all that? I know information technology's a lot merely you've got this! Think to download my Business Plan Template to get all this info in PDF format!
Now, Let's Set up Goals.
Similar I mentioned before, goals are a part of what would be in a normal business plan, but it doesn't have to be quite and so formal.
I beloved having a 12-month goal sail I tin look at calendar month-by-calendar month. Here'southward what mine looks like:
Split up Almanac Goal into Monthly Goals
You know, it'south easy to get overwhelmed if you lot're like, I want to start making $2,000 – $5,000 per calendar month in my business. And maybe that'south your goal by the end of the year. But it's So much easier if y'all say, this month I want to set up my concern structure, I'll start marketing next month, and so I'll go my first client in the month after that.
As you lot showtime to break it apart, it becomes so much easier to film that goal of making $2,000 – $5,000 per month.
And then, make certain you download your goal spreadsheet , and start planning those goals!
Don't worry about everybody else's goals! It's okay if what you want looks different from what other people want.
Your life situation is different than other people'southward. So don't get overwhelmed with all these people maxim they're making $10k – $20k online per month.
You focus on what you demand and what your goals are for you and your family.
I desire y'all to shut your optics for a 2d and think about these questions.
What exercise I want…
- …my life to wait like 1 twelvemonth from now?
- …to wake up and be doing?
- …to offer as services?
- …my family life to look like?
- …my fiscal situation to look similar?
Get a clear mental picture show of your answers to the to a higher place questions, and then work astern whenever you lot're figuring out your goals.
What practice I do side by side?
I hope that yous enjoyed this super detailed Virtual Assistant Business organisation Programme. It may expect different than a "traditional" business plan but it's exactly what you need to get rockin' on that at-home business!
Source: https://www.thevirtualsavvy.com/virtual-assistant-business-plan/
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