Tuesday, July 29, 2008

Virtual Assistants and the International Connection

Virtual Assistants Globally Taking Clients To New Frontiers - The International Connection


You would have to live under a rock to not hear about the latest craze that is spanning the globe - Virtual Assistants. With the economic outlook diminishing, and more and more companies working with fewer employees, businesses are flocking to find the right virtual assistant for their team. The need is simple: Someone that can do the work virtually, professionally, and with the upmost of confidentiality. Fortunately, Virtual Assistants meet all those needs and more.

Virtual Assistants, like their clientele, are highly skilled professionals working as independent contractors from their home offices. Virtual Assistants use leading edge technology to communicate work assignments via the Internet, e-mail or disk transfer. Traditional methods such as regular mail and overnight shipping are also used. While most Virtual Assistants will never meet their clients, it is not unusual to find a VA providing pickup and delivery service in their local area. Many have found success in a combination of the two, local and virtual clients. And what is even more impressive, is that most Virtual Assistants now realize the amazing power of the Internet and their client base spans globally.

The ultimate goal of Virtual Assistants is to partner with their clients. By partnering the VA learns all they can about their clients' business to become a trusted and valued member of the team-an extension of their organization. At the same time, the VA only charges for time on tasks so it ultimately saves the client in overhead expenses while affording them the necessary time to take care of more business.

A perfect example of a Client/VA partnership is the sole proprietor; let's say a consultant, who charges $300 an hour for his consulting services. The consultant is spending time each week preparing presentations and teleseminars, rummaging through paperwork, marketing his business, keeping up with the social networks, generating mailings and sorting through the tons of email he gets on a weekly basis. Since the consultant is doing this work himself he is paying $300 an hour for these services when, in reality, it would benefit him to partner with a VA at a rate of $40 to $95/hr (depending on specialty) and save tons of money a year. Plus, he could be generating more revenue because he would have more time available for doing what he does best-consulting. See how it works? As evidenced in this example, clients can't afford NOT to have a virtual assistant on their team.
In addition to the financial rewards for the client, the following list reinforces other areas clients benefit when working with a virtual assistant.

Personalized attention - The virtual assistant works one-on-one with clients and often knows their clients' business better than they do. That personalized attention allows clients to keep things under control and more organized and often relieves the pressure of having to do it all and remember it all. How great would it feel to just say to your VA, please handle this for me and know that it was done.

Exceptional service - Virtual Assistants are a proud bunch and take great pride in the Virtual Assistant Industry. One of the ways that VAs protect the integrity of this Industry, is to always offer exceptional services. Virtual Assistants want their clients to tell others about them and how having a VA on their team is one of the best business investments they have ever made. Therefore, most Virtual Assistants go above and beyond what is expected of them to make sure the work is done accurately, professionally, and successfully.


Experience in the latest technology - A virtual assistant knows that there's always an easier and better way to do things and are constantly looking for those ways. Most continue to update their skills and network extensively with others to learn the latest and greatest tools out there.

A colleague to brainstorm ideas with - Have you ever had this great idea, but just couldn't bring it to fruition because you couldn't get it all together? Not anymore. Virtual Assistants are there to brainstorm and work with you to help you bring those visions to reality.

No benefits/no equipment/no office space - That's a given. It's obvious that clients won't be paying for their Virtual Assistants' office space or equipment. But in today's economy, think how truly important that is. By not having to pay for someone's electric and office use, that saves money. Money clients can spend in growing their businesses.

Specific knowledge of your niche - This is perhaps one of the greatest benefits that a virtual assistant can offer - specific knowledge of a clients' particular niche. Virtual Assistants specialize in different areas, fine tuning their skills always striving to be the best in that niche. Therefore, when you partner with a virtual assistant that specializes in the area of your business, you have someone who knows the lingo and knows the ins and outs and what works and what doesn't. It's a win/win for all.

What types of services can a virtual assistant perform? Sit back and be amazed. Virtual Assistants can assist with tasks as simple as transcribing every day correspondence to as detailed as implementing an entire marketing campaign. Virtual assistant services include the following: publicity and marketing, article and press release writing and distribution, social networking updates, legal, medical and general transcription, bookkeeping, web design, administrative tasks, and so much more.

As Virtual Assistants become as commonplace in the workforce as the computer in everyone's office is now, there's never been a better time to analyze what your business needs are and how the right virtual assistant will meet those needs. Stop by our site at Virtual Word Publishing, www.virtualwordpublishing.com for complete information on what a virtual assistant is and how you can find that virtual assistant to add to your team. Also, if you feel a career in the Virtual Assistant Industry is right for you, email me at diana@virtualwordpublishing.com for our free business informational package. Today's the day to start running your business better. The start begins with one simple step - Hire a Virtual Assistant.
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Diana Ennen is the co-author of numerous books including Virtual Assistant: the Series, Become a Highly Successful, Sought After VA with Kelly Poelker and Words From Home: Start, Run and Profit from a Home-Based Word Processing Business. She specializes in publicity and book marketing and is president of Virtual Word Publishing http://www.virtualwordpublishing.com. Email us at diana@virtualwordpublishing.com for a free business informational package. Articles are free to be reprinted as long as the author's bio remains intact.

Marlo C. Harkins
Agape Business Services
http://www.agapebusinessservices.com

Monday, May 5, 2008

How To Choose A Niche

We're all trying to attract new clients and make more money. Choosing a niche could get you well on your way. Choosing a target market is the key to growing your company.

So the question is:
Are you still trying to find that niche that fits you like a glove?
If so, drop by the virtual assistant networking site to hear the monthly expert, Cari Vollmer, founder of Life on Track provide you with invaluable information. This event takes place on Thursday, May 15, 2008.

To Register, visit:

http://www.virtualassistantnetworking.com/teleseminar.htm

Time: 5PM PST/6PM MST/7PM CST/8PM EST

NUMBER TO CALL: (712) 580-0100
ACCESS CODE: 403267#

It's just one hour of your time.

Oh yes! The teleseminar is FREE.

Mark it on your calendars for next week.

Marlo C. Harkins
Agape Business Services
http://www.agapebusinessservices.com

Wednesday, April 2, 2008

The Importance of Keeping Your Books

I know that tax time can be a frustrating time for everyone. But here is an article that explains the reasons why bookkeeping is so important.


5 Reasons Why Bookeeping Is So Important
by Kimberly Bagley

When you decided to start your business, was your first priority concerned with setting up your filing system for recording your expenses? I seriously doubt it. This simple task (yes it is simple) is usually the item that is the last thing on the new business owner’s mind. The more “important” issues of what product to sell, how am I going to advertise, how much money is it going to cost me, and how much money can I make are the first questions we consider when going into business.

The task of recordkeeping is usually procrastinated until the very last minute, when it is required. It is time to file your tax return, or time to go to the bank to get a loan for the business and the banker wants to see some financial records for the business. This can be a very daunting and cumbersome task if you have to dig through receipts and expenses for the whole year! No wonder we hate keeping records. That’s no fun!

Well, guess what? If you aren’t keeping good, timely, and up-to-date records monthly, you don’t need to be in business. That’s right. I said it. Here are the top five reasons why I truly believe this statement.

1. Lost tax deductions = Lost Money If you are throwing your receipts in a shoebox each month and not keeping an organized record of your income and expenses, I can bet you money that you are losing out on some major tax deductions. A smart businessperson keeps track of her income (cash in) and expenses (cash out) monthly, sometimes even weekly. You do not need a fancy accounting software package to do this. You don’t even need a computer! Simply keep a journal monthly and log in all of your receipts and invoices, and there you have it.

2. High CPA/Tax Preparer Fees = Lost Money I can speak from personal experience, that if you bring in that shoebox of receipts for the year and expect your tax preparer to record and properly deduct your business expenses on your tax return, you are sadly mistaken. Tax season is the busiest time of year for these professionals. If you expect them to do your bookkeeping and recordkeeping as well, expect to pay for it. They don’t have the time, or the desire to make sure that every receipt is accounted for. As a businessperson, it is your responsibility to make sure they are given the right totals and you can trace it right back to your tax return.

3. Too much time spent looking for receipts The time you spend looking for a past receipt for a particular purchase for whatever reason, you can be utilizing this time in advertising your business or producing your product. These are important money generating activities that you are sacrificing due to your lack of recordkeeping.

4. No financial statements Every business owner should review at least the profit and loss statement (income statement) for their business MONTHLY. This important piece of paper tells you if you are making money or losing money. How can you possibly run your business and make a profit if you are not analyzing your sales and expenses continuously? A good recordkeeping system will allow you to have this information at your fingertips.

5. No need for expensive accounting software If you are just starting your business, or are a small business owner, you more than likely do not need software to prepare your books. A simple journal that is kept monthly of your income and expenses is all you need. At a glance, you will know how your business performed for that particular month.

As a business owner, you need to realize the importance of a good recordkeeping system. This should also be a task that the business owner performs for at least three to six months before delegating the job to someone else. You will be able to run your business more effectively, determine possible cycles in the business year, and know where your money is going. Your business will be much more successful if you keep a simple recordkeeping system.

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Kimberly Bagley is a Certified Public Accountant in Texas and owner of Mom’s World Online at http://www.momsworldonline.com where she offers financial guidance, inspiration, organizational resources, and other products to help make mom’s life a little simpler! Sign up for her bi-weekly newsletter at http://www.momsworldonline.com/newsletter.html

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SOURCE
http://www.articleson.com/Article/5-Reasons-Why-Recordkeeping-Is-So-Important/6797