The recent corona pandemic has triggered the major changes in the present working landscape. Now most of the jobs are carried out remotely now but more of the work being outsourced as well. At the recent times hiring freelancers and independent contractors for some sort of specific jobs is much more effective and also cost-efficient rather than keeping plenty of employees on the payroll.
Did You Know About Virtual Assistant?
Virtual Assistants (VAs) are basically individuals who work in a management role remotely for a company or client. They hire their administrative or creative assistance to various clients and businesses and assist them with their needs from home. This is actually a win-win situation for both of the employer as well as the employee. From a business perspective, outsourcing work to virtual assistants means that they do not have to provide VA with office space, applications and tools or any other additional benefits. There are many key benefits for virtual assistants which include the freedom to choose who they work with, and the ability to work more flexible hours, and also the ability to earn more than $ 200 a day. Plus, you can do everything from home without traveling. What do you dislike? There is actually nothing to dislike so be clever and look on these options.
What’s Involved In It?
Working as a virtual assistant involves a wide range of tasks. It mostly depends on who you work for and what they need, but it can include answering phones and sending emails, bookkeeping, business planning and anything from desktop publishing. Are there any key skills? Good. The more specialized your skills, the higher the charge. For example, if you have five years of experience in the field of marketing and have extensive knowledge of Microsoft Publisher, you may be advertised as a virtual assistant specializing in marketing and desktop publishing.
Do you need qualifications?
Although no technical training or qualifications are required to become a virtual assistant, most clients will look for background or relevant experience in secretarial or administrative work. But if you do not have it, then do not panic! For one thing, you get transferable skills from other roles, such as problem solving, teamwork and written communication skills. However, the growing demand for virtual assistants is due to the need for additional roles in social media, content management, blogging and internet marketing. In these cases, experience in a particular role is more relevant than general management experience.
What should you get?
You can actually keep the costs incredibly low to start as a virtual assistant. Even if you have some things you need, you may already have them. At the very least you need a broadband internet connection, a separate telephone connection, a computer and office stationery with all the necessary software. Additionally, when you already pay utility bills, you can get some of those taxes refunded if you work from home.
Easy Steps to Become a Virtual Assistant:
Step 1: Deploy your skills
Virtual assistants are hired for a wide variety of skills and expertise. Before you get started, decide what your personal selling points are and how you market yourself.
Here are some pointers to start your brainwashing:
1-Do you have any key skills?
2-Do you have any professional training or qualifications in a particular area?
3-Is there an area you want to learn, or do you want to focus more on?
Keep in mind that this is an industry that is constantly evolving, so you need to keep your skills and knowledge up to date as software and programs change.
Step 2: Get started
Be quick and register your business. The first thing which you need to do is to get started and to register your business with your company name. Think carefully about the name you choose because this is the first thought you have of a potential customer. Acting in your own name is a popular option.
Once your virtual assistant has chosen the name for the business, you should verify that it is not being used by anyone else. You can check this in the National Business Register. Additionally, you need to verify that your business name is not a trademark. If it does, it will cause you serious legal trouble, so it is best to find out beforehand!
Finally, you must register as a self-employed person with free HM income and customs, but if you do not do so within three months of working for you, you may be fined. Once you register, they will send you all the information you need about national insurance and taxes.
Business insurance and tax:
As a virtual assistant, you should consider improving your insurance policy because working from home can affect your card. The Association of Virtual Assistants contains a very useful and important article on what specific kind of insurance you actually need and why you need it.
When you first start as a virtual assistant, you do not have to pay VAT as you are allowed 5,000 to 85,000 turnover before you have to pay. However, if your tax turnover is more than 5,000 85,000, you should contact HMRC to register for VAT. This also means that you have to follow the latest changes to tax digitization with governments.
Financial and start-up costs:
Initial financing and start-up costs generally prevent immediate profits. Be prepared for this and see if you need to go into debt to start a business for more information.
Step 3: Find a job as a virtual assistant
Log in to a Virtual Assistant Agency. Getting registered with a company can be a great starting point for getting a job and finding customers. However, be careful and avoid agencies that charge you to work for them. Once you have paid them, you will be skeptical if you ever ask them. Similarly, avoid any advertising ‘get rich quick’ or ‘earn up to £ 1000 a day’. Nothing is better than being true in the job market.
One of the best websites to check out is the Association of Virtual Assistants. It is a free service and they contain useful information for virtual assistants. You can choose from two different types of members: Recognized and Standard.
Fixed membership is designed for those who support becoming a virtual assistant. Here are some useful tools. You get access to a forum where you can post your questions, social blog and other resources.
For Authorized Member Businesses. You must agree to a code of conduct and have a professional quality website and email, which will be verified. Once you have verified, you will be added to the searchable database. They will also give you access to the forum’s ‘Available Jobs’ section, which will then lead to paid work.
Advertising your VA business:
When you first set up any business, it takes hard work to get to know your services and grow customers. Our article on finding freelance customers contains some useful tips on how to advertise and find customers.
To get your initial customers, you need to know what kind of people you want to offer your VA services to. Make a list of your key skills, what you have achieved, and what you enjoy. Think about what kind of companies will need your services. Always consider that what you can offer best which helps to improve their productivity, what the benefits of your service will be to the company, and what makes you stand out from the crowd.
Your advertising media depends on your target audience. Ask yourself:
What literature do these institutions read / use?
Where do these companies network?
What kind of media is this company most likely to interact with?
Also, creating your own website is a great way to sell yourself as a virtual assistant. A website is a useful place for you to create an online CV, display experience and approvals, and use it to improve your services. There are plenty of enough free tools. Always try to know about how to set up a website for your freelance business which is full of all the information you need to get started.
Step 4: Increase your skills and increase your fees
The Virtual assistants can actually have more chances to make more money by increasing the skills they offer. Popular ways to increase your attractiveness to prospective clients include bookkeeping, web management and copy editing. Importantly, you can offer a prospective client as much as you can, and this will increase your chances of getting a job. The beauty of being a virtual assistant and many other things you can do, and you can charge.
How Much Cash Can You Make Being a Virtual Assistant?
According to Glass door, the average annual salary of a virtual assistant is less than 30,000. In addition to this, an annual survey was conducted by the Society of Virtual Assistants which found that the average hourly rate of a VA in the UK is 27. These figures may help you with a difficult idea, but obviously it depends on the skills and experience you can bring to a character.
Always keep your eye on some important things to look for when selecting yours. First, you need to determine if you are going to be charged on a day-to-day basis or on an hourly basis. When researching your own management tasks, be careful of charging per hour as you can complete many hours of work that cannot be charged, which leaves you earning less than you could with a day rate.
However, as a self-employed person you should take into account one drawback:
Job security; and also Office stationary and other utilities were provided
You need to calculate the fact that you are missing out on these benefits at your price. Realistically, at least 25% should be included in your price to ensure that your expenses and taxes are covered. For example, if you want to charge 20 per hour, it should change to £ 25.