VA services rates and money

What’s The Right Price to Charge For Your VA Services?

How much do you charge for your services? How comfortable do you feel talking about money with clients or potential clients? Are you happy with how much money you end up with at the end of each month? Consider these three questions, and think about how you charge. If you are not reacting positively to all three of these questions, you may not be charging the right price. Pricing can be a huge challenge in any service business. Think about it, you are are asking people to pay for your value. Yes you are completing tasks for them, but really your value comes down to what you bring to the table. So how do you prove how valuable you are?… Read More »What’s The Right Price to Charge For Your VA Services?

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3 Simple Ways to Improve The Bottom Line in Your VA Business

How is your business going for you? Are you making enough money? Just getting by? Suffering? I hear ya. When we get into business, I think we generally have an idea of how much money we want or need to make. At least, I hope we do! I know I did. I knew how much money I had to bring it to my household, and I worked very hard to make sure I did just that. But after a while if you really look at it, do you think you could be making more money? I bet you could. Once your business settles into itself, and you begin working with clients, the day to day ‘stuff’ can take over –… Read More »3 Simple Ways to Improve The Bottom Line in Your VA Business

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Virtual Assistant Rate Setting: Find Your Value

So last week’s article got a lot of great feedback – we talked in that article about how to start looking at packaged and project rates for your business. I’m pleased to continue with the discussion! There is often so much confusion around how to charge clients when you are providing them with a service. It can be a difficult decision – especially if you haven’t been in business all that long. And if you have been a service provider for a while, it can be difficult to change your rate structure. The key to your continued success, is for you to recognize your own value. As you master certain skills in your business, you become a specialized expert, whether… Read More »Virtual Assistant Rate Setting: Find Your Value

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Are You Still Charging by the Hour as a Virtual Assistant?

When you started your Virtual Assistant business, it was probably easy to charge your clients by the hour. But in order for your business to grow and be successful, the ‘trading time for money’ model quickly falls short. Why? For one thing, there are only so many hours in a day/week, so you can quickly max out the amount of money you can make in your business. For another thing, it’s much harder to raise your rates with your current clients. And that means if you get so busy that you need to bring on subcontractors to help, you may not be able to earn enough to keep your business successful. These are just two simple reasons why charging by… Read More »Are You Still Charging by the Hour as a Virtual Assistant?

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Start Your VA Business With Where You Are – And Then Get Moving!

As a Virtual Assistant, one of the most important things that you can do for your business is to grow with it. When you first started your business, you probably had a laundry list of administrative services that you offered. This is a good thing! Starting with what you know and as I call it ‘where you are’ is the best way to jump into the world of being a VA. But to keep your business fresh and exciting, you need to keep it moving forward and growing. One of the ways you can do this is to get really focused on your service offerings. Specializing your skills and service offerings allows you to easily raise your rates and build… Read More »Start Your VA Business With Where You Are – And Then Get Moving!

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Add New Skills To Your Virtual Assistant Business

Recently a Virtual Assistant asked me about adding new skills to her business. She felt that she wanted to raise her rates, and that adding new services was the way to do that. When we talk about expanding our service offerings, it’s important to start by stepping back and looking at the big picture. Ask yourself the following questions: 1. Why am I considering adding a new skill or service? 2. Why am I considering adding THIS new skill or service? 3. Where can I learn about this new skill or service? 4. Is the training free or paid? Can I afford the time if it’s free, and can I afford the time and money if it’s paid? 5. Is… Read More »Add New Skills To Your Virtual Assistant Business

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I Still Don’t Know How Much to Charge

Recently I received a question from a virtual professional who was trying to decide on her rate structure. She had listened to my audio teleclass ‘How Much Should I Charge?’ and she got really great material out of it, but was still stuck on actually setting her rates. So we had a chat and here is what I helped her figure out: She was starting a new area of her business – one that she hadn’t unveiled before – basically she would be doing group workshops/talks for groups of people. Previously she had not done this before. So there was unknown territory right from the start. She has a lot of experience and so she had worked out four or… Read More »I Still Don’t Know How Much to Charge

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Keep Track – And Make More Money

One of the most difficult parts of running a VA business, is making sure that you are paid properly for your time and effort. I’m not talking about your rates … I’m talking about tasks – the work you do every day. Whether you charge by the hour or by the project, you have to have some idea of the expectation of time it will take to complete your client’s work. If you don’t know that, you could be losing money. So do you track all of your time? If you don’t, you really should. Here are three models that you can charge your clients by … and why tracking your time for each of them can help make you… Read More »Keep Track – And Make More Money

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