Archive for February, 2011

Are Virtual Assistants The Key To Economic Recovery? – NASDAQ.com.

“Don’t keep him waiting, child! Why, his time is worth a thousand pounds a minute!” Lewis Carroll, “Through the Looking Glass”

How often do you say you have no time? You’re pushed for time, short of time, can’t find the time. Lack of time is the excuse of choice for not doing all sorts of jobs: tackling the office admin, sorting out the filing, organising your business contacts, writing another blog post … the list is endless.

Yet time is one commodity we all share equally: everybody on the planet has 60 minutes in every hour, 24 hours in every day. The difference between people who get things done and those who don’t isn’t in the amount of time they have, but how they use it. And how you use your time depends to some extent on how you value it.

Is your time worth a thousand pounds a minute? Probably not: Lewis Carroll was having a bit of a go at Victorian materialism when he picked that figure, and even today, Britain’s richest man, the Duke of Westminster, only makes £1020 a minute! My standard fee is £30 an hour, so my time is worth just 50p a minute!

Even if the value of your time is measured in pence rather than pounds, it’s a good idea to try and understand how much your time is worth and how it compares with that of other people. You may find that you’re wasting time and missing business opportunities by doing routine jobs yourself instead of paying someone else to do them. The concept isn’t easy to get your head round, so here’s a couple of examples:

A plumber charges £75 an hour and is in constant demand, yet he’ll give up three or four hours of his time every month to do the books. In four hours he’s losing £300 in potential earnings and it could cost him £120 to get this job done!

So what is your time worth? Are you making the best use of your time or wasting it doing jobs that someone else could do for less?

The above is a shortened version of a Blog written by Ruth Billheimer from My Paper Work, a Bradford based Virtual Assistant. To read the full article please click on the link below.

How much is your time worth? | My Paper Work.

Who needs a Virtual Assistant?

More and more people are becoming familiar with the term “Virtual Assistant” or “VA” but who actually needs one? The answer is simple, anyone who owns a business!

Hiring a full or part-time employee can be expensive and many small businesses cannot afford them, however this doesn’t mean they don’t need one. In today’s tough economy it is even more important to spend time on building your business and providing excellent customer service to keep the business and clients you already have. We all know there are only so many hours in the day and it is often impossible for everything to be done by one person, especially those seemingly mundane, but important, daily admin tasks. This is when delegating to a VA can be a life saver.

So what type of business can benefit from the services of a Virtual Assistant? Small business owners, entrepreneurs, consultants, coaches and trainers, therapists, photographers, artists, journalists…the list is practically endless. There are so many small business owners who are overwhelmed with the amount of work they need to do to run their own business and need the help of an assistant.
Many business owners are unfamiliar with virtual administrative professionals and the services available. Some may feel that cannot afford one and continue to struggle with everything themselves, some may outsource to a variety of professionals rather than utilise the knowledge and expertise of one VA.

Why Hire a Virtual Assistant?

VA’s are your online, personal assistants who perform a variety of workloads including clerical, administrative and creative tasks such as:
• Schedule appointments
• Coordinate with clients, partners and other employees
• Screen and make calls
• Monitor emails
• Prepare reports and documents
• Update accounts and expenses
• Update blogs & websites
• Update client databases
• Create and send newsletters

VA’s are flexible with the length of service they provide as hours and requirements will differ from client to client and some VA’s will just specialise in specific jobs such as handling emails or incoming sales enquiries.

While a full or part-time employee is paid regardless of the amount of work given to them a VA is paid only when their services are needed. This means less expense to you because you are only paying for the time used to complete your work and not for any down time or coffee breaks!

Today’s technology and the speed that the internet gives us in the delivery and exchange of information means that communication today is as effective as face to face interactions. The internet continuously reaches new horizons and the world is becoming a smaller place which means that employment is not hindered by space and distance.

So why hire a VA? Because today’s technology means you can!

Channel Virtual Assistance