How Do You Put a Value on Your Time?

Written by Janice D. Byer, MVA


Continued from page 1

For example:

You charge $75 per hour for your services ime. You spend a total of 5 hours trying to catch up on your correspondence…entering information into a database, typing and re-typing your letters and preparing them to be mailed.

$75/hr X 5 hours = $375.00 of your valuable time and profit

If it would cost you less to outsource, why not do it? Why not allow a professional to handle some of your tasks leaving you with more time to generate revenue?

$25/hr (sample cost to outsource) X 5 hours = $125.00

$375 - $125 = $250 +repparttar $ ofrepparttar 106182 contract you signed while a professional took care ofrepparttar 106183 non-revenue generating tasks.

Although you are spending some of your hard earned money, you are gaining so much more. Outsourcing gives you professional assistance, which in turn saves you both time and money...the two things that most small business owners need more of.

Janice Byer is a certified Master Virtual Assistant and owner of Docu-Type Administrative & Web Design Services (http://www.docutype.net). Visit her website to read more of her articles, sign up for her award-winning newsletter, and browse her various services, testimonials and resources.


Why Choose a Virtual Assistant versus a Temp?

Written by Janice D. Byer, MVA


Continued from page 1

A VA’s rates, comparatively, help to upgrade equipment, software and skills. This, in turn, allows for more and better services to be available forrepparttar client. It also means thatrepparttar 106181 client doesn’t need to worry about providing space and maintaining equipment that a temp would need, which can get quite costly when inrepparttar 106182 hands of an inexperienced employee.

5.The next difference is to look atrepparttar 106183 types of clients that temps and VAs are most likely to be contracted by. Medium to large companies generally would call in a temp when they have enough work to keep them busy for an extended period of time or whenrepparttar 106184 work involves specific duties that need to be handled in-house (ie. reception). However, these companies may also have a need forrepparttar 106185 services of a VA when they have an occasional project that requires immediate, experienced attention or when they do not haverepparttar 106186 training time or equipment available for a temp.

Small business owners and SOHOs (Sole Owner Home Office) are most likely to need and utilizerepparttar 106187 services of a VA as opposed to bringing in a temp. The projects are usually varied and may be far between or not enough to keep an employee busy in-house. The completion ofrepparttar 106188 project may also be hampered byrepparttar 106189 lack of space and equipment that would be necessary if a temp is brought in. It is unlikely they will ever userepparttar 106190 services of a temp and they are more receptive torepparttar 106191 idea of contracting a secretarial service.

6.VAs charge forrepparttar 106192 actual work they do, hour for hour, whereas a temp is paid for time worked and any time they sit idle, waiting for more work or another project to do.

7.And, unlike a temp who has loyalty torepparttar 106193 agency they are contracted through, a VA is usually an entrepreneur and works with and forrepparttar 106194 client. As a fellow small business owner, a VA has a vested interest inrepparttar 106195 success of their client’s business.

Although temporary agencies are more visible torepparttar 106196 public, due to their increased size and marketing budgets, they are notrepparttar 106197 only answer to help alleviaterepparttar 106198 administrative overflow for both small and large businesses.

Janice Byer is a certified Master Virtual Assistant and owner of Docu-Type Administrative & Web Design Services (http://www.docutype.net). Visit her website to read more of her articles, sign up for her award-winning newsletter, and browse her various services, testimonials and resources.


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