5 Advantages Of Hiring A Virtual Assistant
Chances are you’ve had a long, busy day at work at some point in your life, maybe even today. If you work at a small business the likelihood is that you also have a lot of responsibility to manage. However, before you hire an in-house employee you can potentially save money through a different hire: a virtual assistant. A virtual assistant (or VA) is essentially an employee that works from a home (virtual) office. This means you may even be able to hire more than one for a large project at greater savings than hiring a single in-house employee. On that note, here are the top five advantages of hiring a virtual assistant (in no particular order).
1. Reducing Costs
Running a business isn’t cheap, in fact, it can be incredibly expensive. So opportunities like hiring a virtual assistant (and thus saving money) might be just what you need bring up your profit margins. You can also save money on hiring a virtual assistant through not having to train them, since they are already well-versed in their field. And because they are considered independent contractors (unless specifically stated in their contract) you aren’t obligated to provide benefits, insurance, office supplies, or equipment. This can add up quickly in savings back to you and give you more flexibility to invest those saved funds elsewhere.
2. Focus On The Tasks You Need To Do
Projects can add up quickly, and not only can that dig into time that should be spent on other work, it can also put you behind on what you want to accomplish. With a virtual assistant you can hand off important tasks with the knowledge they’ll be taken care of by an experienced professional. With the focus on your core business goals, you can get back to landing that important client.
3. Hire The Best-Of-The-Best
With hiring in-house you are usually limited to the geographic area in which your business is set up. However, you can expand your horizons to anywhere in the world by hiring a virtual assistant. Because they work from home, there’s no limit to the location you can hire people from.
4. Optimize and Scale
VAs are also flexible in what role they can perform for you. The Kindret team, for example, typically sets up a Virtual Financial Office to help with bookkeeping and finance roles. This means that while you go out and work on business development, your VAs can be hard at work on other important tasks such as your accounts payable/receivable, payroll, banking coordination, and more.
5. Boost The Weaker Areas
Be honest, while we’d all love to be a jack-of-all-trades when it comes to managing a business, the reality of it simply isn’t feasible. We all have our key areas we perform well in, but we also have weak areas that we struggle with. That’s why virtual assistants are great, they can bear the work you might be struggling with. This enables you to let your own strengths shine and focus on what you can do well. In addition, VAs can also handle time consuming tasks like contacting vendors and/or customers regarding unpaid invoices, etc.
This all being said, it’s important to know if a VA is right for your business, or even if you’re properly set up to be able to manage one. Because VAs typically communicate over email or VOIP systems like Skype, clear communication back and forth is essential. Communicating effectively means you can work efficiently with a virtual assistant, reduce your costs, and free up time to grow your company.
If you’re looking to hire the Kindret Team as a Virtual Finance Office to assist with your daily, weekly, or monthly business operations, you can learn more by clicking HERE