Running a Virtual Assistant business isn’t just about the work; you also need to get the legal and financial side sorted.
This section covers everything from setting your VA rates and creating contracts to managing taxes, invoicing, and choosing the right business structure.
Unless you live on the moon, I’m sure you’ve heard of the European Union’s General Data Protection Regulation. Commonly known as the GDPR, these regulations affect every business whether it is based in the EU or not – so you AND your clients need to comply with it. Here’s what you need to know about global data protection and how to stay compliant.
When I first became a Virtual Assistant, I noticed many UK VA websites mentioned contracts and terms and conditions. Yet when I asked a local Virtual Assistant, she said she never used a contract and simply trusted her clients – which totally shocked and surprised me, especially after hearing so many freelancer horror stories. So what did I decide to do?
At some point during your VA career, you’re going to get some late-paying clients – it’s just the way things are. Some clients are fantastic and pay your invoices immediately, some like to cut it fine, and some will really test your patience. Here’s how to deal with the late payers without opening a can of whip-ass on them.
