Wednesday, September 28, 2011

Virtual Assistants for Making Money

We, as virtual assistants (VAs), in general, try to grow our business by obtaining more clients or contracts. Now the new strategy is to expand our small business by creating a multi-virtual assistant or organizing a team going to subcontract or outsource projects. They'll provide services that complement rather than compete with them.

Increasingly virtual assistants create a multi-virtual assistant company, while others are subcontracted to other Vas. Normally, the virtual assistants working in multi-virtual assistant organizations, or subcontract the work of the entrepreneurs themselves.

In addition,VAs is the early stages of their business to gain experience and knowledge as business owners, while building their businesses at the same time and earn money. Operating a small business requires much more than just knowing how to write or perform other administrative tasks.

However, it is a win-win concept because an established virtual assistant (va) can offer more services without having to be skilled in that particular area, as well as have the assistance of up-and-coming Vas. In some cases, a virtual assistant needs a vas to help them with administrative tasks. In addition, you have a backup in case of your absence for any reason. Whether you operate a multi-virtual assistant establishment or subcontract to other Vas, you can offer their services in addition to yours.

For example, in an attempt to grow my virtual assistant business and expand my services, I'm applying the subcontracting strategy. I recently organized a team of three Vas with varying skills to subcontract projects to.

My core service is word processing services, and the team services include bookkeeping, Real Estate Virtual Assistant (REVA) services, transcription, and website and graphic design. Their services complement mine rather than compete with them. Now I can offer their services in addition to my current offerings. If for any reason I am absent or need assistance with my administrative tasks, every member of the team is able to perform word processing services and provide administrative assistance.

If you are a virtual assistant who is in the process of growing your business or increasing your list of services, consider organizing a team of virtual assistants with various skills. As the virtual assistant industry grows so does the level of available skilled virtual assistants. It is a win-win situation for established virtual assistant companies, up-and-coming virtual assistants, and our clients.

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