Skip to content

VA services rates and money

How to Build a Virtual Assistant Service Package

Are you stuck on creating service packages for your Virtual Assistant business? You’re not alone. It’s one of the questions I get asked most often – how to create service packages. Virtual assistants know that when we charge clients for a package of services, we all benefit. Trading hours for dollars is not a bad business model, but there are downfalls to it. One of those downfalls is that you max out how much money you can actually earn. Because it is based solely on your time, and you only have so much time, you hit an earnings ceiling, and sometimes that happens very quickly. Or, if you choose to work 60 to 80 hour weeks to earn more money… Read More »How to Build a Virtual Assistant Service Package

Make a Decision Now – What Do You Want to Do?

Do you like vacuuming? I can’t stand it. I tend to do it quickly to get it overwith so it makes me all hot and sweaty. Just probably my least favourite household chore. I do a decent job but I often take shortcuts because I just dislike it that much. I also don’t like ironing, but I’m good at it so there’s that. I tend to iron as we need things though, instead of doing it all at once like my Mom used to do. I do like dusting. I have this amazing furniture polish from Melaleuca that I really like. It smells great and it really does a beautiful job. And I quite enjoy doing the laundry. I get into… Read More »Make a Decision Now – What Do You Want to Do?

How Much Should You Charge as a Virtual Assistant?

Probably the most asked question in the VA industry is ‘how much should I charge?’ Whether you are starting out, or you have been in business for a long time, the struggle around rates always comes up. I think there are a couple of reasons for this – mainly we have trouble seeing our own value, and also we have even more trouble asking people for money. It’s not a flaw in our character, it’s actually very natural. To be apprehensive about setting our rates is perfectly normal. So I try to take the emotion out of it and explain the logic behind setting your rates in this week’s training video. In this Back to Basics training session, we look at rate… Read More »How Much Should You Charge as a Virtual Assistant?

How Much Should You Charge as a Virtual Assistant?

Figuring out your rates is probably one of the scariest things you can do as a VA. Not really, but it sure feels like that. How do you put a price on your value? This is one of the most often asked questions in the VA forums and by my coaching clients. You decide to open a VA business. You know what services you can offer. But you have no idea how to price it. How much is too high? How much is too low? The truth is, it’s actually pretty easy to figure out. I developed a simple rate calculator many years ago that helps you look at your rates easily and figure out what makes sense for you. Check… Read More »How Much Should You Charge as a Virtual Assistant?

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?

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

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

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?