Virtual assistants run their own business from home, support their own clients and are their own boss, it all sounds like the dream package.
A virtual assistant provides administrative and secretarial services outwith the office environment. A virtual assistant often works from home or anywhere suitable, making them a useful, flexible resource for many companies.
The traditional PA set up is simulated using communication tools like Slack, Microsoft Teams and Skype, so you can have real-time conversations with your virtual assistant no matter where they are. Virtual assistants are particularly useful if a company is experiencing rapid growth, considerable change during peak times or requires project to project work – a virtual assistant working on a monthly package can be extremely useful.
This is how much a virtual assistant can make provide services to businesses:
A virtual assistant can make on average between £24,000 and £48,000 depending on the number of clients they provide services to. In some cases, virtual assistants can make upwards of £100,000.
The potential earnings of a virtual assistant can vary a lot, this is mainly down to the number of clients a virtual assistant supports and whether they have a specialist skillset.
How a full-time virtual assistant can achieve these earnings:
Jane White | Salary of £60,000
Average number of hours per week: 50 hours
Number of hours insourced to other SmartPAs: Currently insource around 20 hours a month
“This includes business development, I tend to work 7am to 4pm then work a couple of hours in evening if required and perhaps 4 or 5 hours over weekend. I do have regular breaks I don’t work 9 hours solid – I often fit a nap in too”.
Monthly Client Packages:
Rebecca Park | Salary of £24,000
Average number of hours per week: 19 to 25
Client Packages:
With all companies, there is financial risk and a time commitment when hiring a new full-time member of staff which cannot be ignored – especially for small companies who are not ready to hire a full-time member of staff and take this risk. With a virtual assistant, they can handle any tasks that a regular personal assistant would handle, such as answering emails, booking travel, managing payroll and handling social media. SmartPA has monthly packages that provide a convenient alternative for businesses, tailored to suit your needs. It is important to remember that any virtual assistant service should integrate seamlessly with your business, to avoid any downtime or snagging.
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With a SmartPA, companies can guarantee their virtual assistant is trained, accredited and has unlimited resources available to them as a result of the SmartPA Community. Most importantly, however, SmartPA virtual assistants work on monthly packages that are dependent on clients’ needs. The choice of package can change at any time, which is particularly useful for seasonal companies.
Remember, your business mission and your vision should be crucial at all times, so make sure your virtual PA service completely supports and aligns with those goals. The right PA can make the difference between good admin support and smart admin support.
Becoming a virtual assistant means starting your own virtual assistant business, but this doesn't have to be difficult. At SmartPA, we provide you with our tried and tested business-in-a-box model for launching your own virtual assistant business.
Find out more about becoming a virtual assistant here.