Category Archives: Business Development

Increase your productivity while decreasing your office expenditures

With the state of the current economy, saving money while growing your business is of the utmost importance.  In order to focus on the strategy and development required to take your business to the next level you need two key things: time to dedicate to growth strategies and resources.

Time and resources require funding.  A cost-effective trend for entrepreneurs and business owners, looking to add to their team, is the hiring of a Virtual Assistant (VA).  A Virtual Assistant is the perfect solution for businesses that are faced with a decrease in available employment funding.  A VA is a self-employed freelance worker that assists business managers with numerous administrative and specialized tasks; allowing them to focus on revenue generating activities.

Virtual Assistants are a cost-effective solution for companies requiring additional help.  VA’s work remotely from their own offices and only charge for the hours they work. The benefit is that business owners no longer have to pay for insurance, benefits, unemployment, production downtime, training or office space for an additional employee. The result: higher productivity and decreased office expenditures.

What are the benefits of a VA?

In addition to the benefits mentioned above here are some key reasons to look at using a VA:

  • You are in control.  You state what you expect from your relationship and the VA either meets or exceeds those expectations, or they don’t. There are no long term commitments and if things do not work out you can easily part ways.
  • Gain knowledge. You can rely on your VA’s expertise in certain areas so that you can focus your energy on other business related tasks.  VA’s are entrepreneurial and often have a vast network of resources that you can utilize.
  • Cost Savings. You can hire a VA that works anywhere in the world.  The VA industry is competitive and fees and services vary.  If you are comfortable with one VAs marketing strategy and fees, but are not comfortable with them managing your calendar, you can hire multiple VA’s to execute different tasks.
  • Partnership for success.  One factor of success to a VA is that the business owner values their work.  You have the opportunity to build a mutual relationship with a business owner that cares as much about the success of your business as you do.

So how do you find a VA?

As previously mentioned the VA business is competitive and a simple Google search will yield many results.  One of the best methods to find a business partner that can meet your customized needs is to post a Request For Proposal (RFP) on one of the many Canadian virtual assistant association sites (ie. cvac.ca, canadianva.net).

Another alternative is to search “virtual assistant associations” and review their online membership directories for someone that has the skill set you require.

However you go about finding a VA, ensure you ask for references and find out what type of computer programs they use so that you can be sure they will compatible with your systems.

Hiring a virtual assistant could be the best business decision you have ever made.

 

Small Businesses and Freelancers – how do you track your time?

When you own a small business or do freelance work you must find a great time tracking tool to make it easier to invoice your clients.  There are many out there, but when just starting out it is often best to try a free product first.  I tried a number of systems and landed onContinue Reading