Hiring a Virtual Assistant - A Comprehensive Cost Analysis

Are you overwhelmed by administrative tasks ina weekend run, with internet coverage. This ad
your business, and are considering hiring somemay or may not yield the new hire you are
help? Have you decided that a Virtual Assistant,looking for. On the flip side, if you utilize a
or VA, is the best choice for your business, butreputable virtual staffing agency, one simple phone
don't know how to take the next steps? If youcall gets the ball rolling. Most services have an
answered yes to any or all of the aboveextensive pool of virtual assistants they can tap
questions, it's time I show you how choosing ainto to meet your needs quickly.
quality "virtual staffing agency" can be theWhat happens if you choose to hire your own
difference between finding a quality professionalVirtual Assistant, and he or she is not right for
to assist you in growing your business, andthe job? What do you do, if the VA you hired
spending your personal time, money, and energy,quits? Well, when you hire a VA on your own -
only to find you've hired a Virtual Assistant whoit's back to the drawing board. You're going to
couldn't "hack it."have to spend the time, energy, and money all
So, you've decided it's time to expand yourover again, to find a replacement. When you hire
business by hiring a Virtual Assistant.a Virtual Assistant through a service, you call or
Congratulations! You have just set yourself apartemail, and a new VA will be assigned to you.
from many entrepreneurs, because you are willingLet's talk about what you're going to pay your
to embrace the staffing solutions of the newassistant. If you hire your own VA, you're going
millennium. Your competition, who may still beto have to pay him/her the general going rate;
insisting on hiring an "on-site" assistant, is having towhich is currently between $18.00 - $50.00 per
run expensive employment ads, create and initiatehour, depending on the expertise level required by
training with their new hire, pay for additionalthe assistant. Obviously, it would cost more to
phone lines, computers, and desk supplies, AND behire an "agency" VA, right? Not really, when you
bothered by dealing with payroll taxes andlook at the big picture! Imagine not having to
benefits for their employee. What an antiquatedpurchase expensive office equipment, adding
system!additional telephone lines or internet service cables.
On the other hand, you've decided you want toYou won't have to deal with payroll or payroll
"go virtual," by hiring a Virtual Assistant. The VAtaxes either. In fact, the high expense associated
you hire will have a fully functional home office,with Worker's Compensation won't be a concern
complete with unlimited long-distance, virtual faxof yours at all.
capabilities, a virtual PBX, cellular phone, computerLet's break down the costs in black and white:
with high speed internet access, a printer, and aHire VA on your own
quiet work environment. Best of all, you have the- initial time and costs for employment ads
ability to hire your Virtual Assistant as an- pay your VA while training
independent contractor, which will save you when- utilize your VA for a specific number of hours
dealing with the IRS, and your state and localeach week
taxing authorities.- no replacement, if the relationship does not
Now you have to decide whether or not it is towork outadditional expenses when hiring
your benefit to hire your Virtual Assistant on yourreplacement
own, or go through a "Virtual Staffing Agency."Hire through a Virtual Staffing Service
The first thing most of us think of when we think- NO upfront costs
of going through an agency, is EXPENSIVE. Why- No contract length commitments
would anyone want to go through a virtual- Satisfaction Guarantee
staffing agency, when they can just run an ad- Only 2 hour per week minimum
and hire a VA on their own?- Each VA is tested, trained, and qualified
Let's do a cost analysis on hiring your own Virtual- No replacement costs
Assistant, versus hiring a VA through a Virtual- Hourly rate comparable to rate paid when hiring
Staffing Agency. First of all, if you plan to hire aon your own
VA on your own, you are undoubtedly going toHiring a Virtual Assistant can be one of the most
have to run employment ads; so you're going tocost-effective means of growing your business.
invest your time and energy, creating andWhile hiring a VA on your own can work in some
submitting your advertisement. If you run ancases, it comes with no guarantees the
employment ad that has a cost involved, forrelationship will work out. Utilizing a virtual staffing
instance, in your local paper, you're looking at anagency can be the win-win situation you need -
average cost of approximately $300 - $400, forjust do the math!