Because I recommend you set up your VA business alongside your regular job, one of the questions I get asked a lot is “when should I leave my job to solely focus on being a Virtual Assistant?”. Although there are as many answers to that question as people asking it, in all honesty, it boils down to one simple thing:
Posts Tagged Starting Out
Working for yourself is extremely hard work, you need a different mindset than when you were an employee and it isn’t for everyone. Because you should know what you’re letting yourself in for, let me tell you exactly what it’s like to be a freelancer so you can make an informed decision and decide if it’s something you’d like to do.
When you first start out as a Virtual Assistant, you’ll need to have a good think about what services you want to provide. If you’ve already decided on your niche then you’ll know exactly what your chosen target market needs doing but, if you’re like I was when I first started and you haven’t, here are a few things to think about that might help you work it out.
So you’ve decided to go ahead and become a Virtual Assistant. You know who your target market is, what services you’re going to offer and you’re all ready to get going… all you need now is to decide what to call your shiny new business. Of course, this is easier said than done! So exactly how do you decide on your company name?
One of the hardest things to decide when you become a Virtual Assistant is how to set your rates. If you charge by the hour then you’ll never earn more than there are hours in the day which is why it’s better to get a client on a retainer or charge a project rate. “But how does that work and how do I do that?!” I hear you cry. Well let’s look at those options in more detail:
When you decide that you’re going to become a Virtual Assistant and take over the Universe, one of the many, many things you’ll need to do is tell the Government you’re no longer working for The Man but for many men and women instead. The information below is based on current UK tax laws so make sure you’re up to date with what you need to do if you live outside of the UK.
When I started out as a Virtual Assistant I thoroughly researched other VA websites and noticed that many of them mentioned contracts or terms and conditions – yet when I asked another Virtual Assistant in my area about them she said she never used a contract and simply trusted her clients. So what did I do?