How Do You Put a Value on Your Time?

Written by Janice D. Byer, MVA


As a small business owner, doesrepparttar following paragraph sound familiar to you…?

“Other than doingrepparttar 106182 technical ‘fix-its’ with my computer…I do it all! I have found that this keeps me very limited in growing my business and taking on new clients. I wish I had someone to help but how can I justify hiring someone when I can dorepparttar 106183 work myself…when I haverepparttar 106184 time?”

This is a very common issue for many small business owners. Allrepparttar 106185 work, whether revenue generating or not, needs to be done to keeprepparttar 106186 business running smoothly.

We need to reconnect with our goals for our business and our vision for its future. We need to focus on why we started this business inrepparttar 106187 first place. Focusing includes deciding how much our time is worth.

But, how do you put a value on your time? How much is each hour of each day worth, especially when you are doing projects that are not generating revenue or increasing your customer base?

Is your time worth $25, $50, $100 per hour….or more? When you get busy doing those tasks that don’t directly generate revenue, consider how much it is costing you.

Why Choose a Virtual Assistant versus a Temp?

Written by Janice D. Byer, MVA


So much to do… So little time.

This is an all to familiar phrase to so many people, especially small business owners. There just never seems to be enough hours inrepparttar day to get allrepparttar 106181 revenue generating tasks done, not to mentionrepparttar 106182 abundance of administrative tasks that seem to always be piling up.

For most,repparttar 106183 only known alternative to doingrepparttar 106184 work yourself is to hire a temporary employee. This has always been how most have received help with their administrative overflow.

Well, not anymore. Now you can get help with office tasks from professional, self-employed Virtual Assistants (VAs).

But, why would you choose a VA over a temp? Well, there are many differences betweenrepparttar 106185 two… differences that we will cover here and that will point outrepparttar 106186 benefits and advantages of utilizingrepparttar 106187 services of a VA overrepparttar 106188 help of a temp.

1.Temporary employees (temps) are just that, temporary. They’re here today and may be gone tomorrow. A VA, onrepparttar 106189 other hand, is available on an ongoing basis or can be called upon, at short notice, when an extra pair of administrative hands is required.

2.VAs take a vested interest inrepparttar 106190 success of their clients and their businesses. VAs believe thatrepparttar 106191 absolute best job possible will not only help their own reputation but will also help to buildrepparttar 106192 client’s business. The more successfulrepparttar 106193 client is,repparttar 106194 higher possibility of more work needing to be done byrepparttar 106195 VA or more referrals. A temp, however, may look atrepparttar 106196 assignment as just a means of padding their resume or getting a paycheque.

3.Training and experience is also an issue when comparing VAs to temps. VAs are generally those that have had many, many years of experience out inrepparttar 106197 workforce. This knowledge, along with any additional training and schooling, allows them to provide a wide gambit of services, all of which they have had many years to perfect. VAs also tend to be more apt to upgrade their skills in order to provide their clients withrepparttar 106198 most up to date and professional services that they can possibly provide.

Temps, onrepparttar 106199 other hand, may be those that are right out of school with little or no ‘onrepparttar 106200 job’ experience, or those who are simply looking for something to fill their time. Not to mention, when a temp is hired, they have to be trained. Now, if that temp is not available whenrepparttar 106201 next assignment crops up, another temp will have to be brought in and thus more time is needed to train that employee. And so on.

4.Now, let’s look atrepparttar 106202 rate differences. Actually,repparttar 106203 two may seem similar in cost but not in other aspects. The rate paid torepparttar 106204 temp is actually split betweenrepparttar 106205 temp andrepparttar 106206 agency that contracts them out. Then it must be taken into considerationrepparttar 106207 timerepparttar 106208 client needs to spend trainingrepparttar 106209 temp,repparttar 106210 space used by him/her, andrepparttar 106211 equipment that is needed and requires maintenance.

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