What Is Your Time Worth

Growing businesses are finding outsourcing isBusiness owners only pay a VA for work
becoming a regular necessity to keep up withperformed, which is billed hourly. Being responsible
increasing demands. Over the past few years, afor their own taxes, training, health care,
new resource has emerged and is gaininginsurance, and overhead costs makes hiring a VA
momentum as the word spreads; that is, thean affordable option. Business owners often find
services of a Virtual Assistant (VA)they are doing many administrative tasks
With the advances of technology, it is becomingthemselves, leaving very little time to devote to
easier for businesses to outsource some of theirdeveloping their business or planning for future
administrative tasks, without the need of having agrowth. By hiring a Virtual Assistant and delegating
person in house. No need to provide a desk anddaily routine tasks, you can free up time for
computer. A VA is able to provide administrativehigher priorities.
support to businesses all over the world. DistanceAs an example:
is never an issue. VA's communicate with theirYou charge $75 per hour for your services.
clients by email, telephone, fax, instant messengerYou spend a total of 5 hours on administrative
or file transfer.tasks.
So what is a Virtual Assistant? Since 1996, more$75/hr X 5 hours = $375.00 time value
than 5,000 professionals around the world haveCosts of hiring a virtual assistant to handle these
become Virtual Assistants. A Virtual Assistant istasks.
an independent business owner who works from$40/hr X 5 hours = $200.00
their home office environment. Many have chosen$375 - $200 = $175 time value saved by enabling
to leave the corporate world and start their ownyou to devote your time on revenue producing
business, giving them freedom to better balancetasks, which could generate additional profits.
family and work time. VA's are highly skilledThe second International Virtual Assistant's Day
professionals, who keep up to date with thewas celebrated on May 19, 2007 to recognize this
latest software and trends. They provide a widenew profession. There are about 170 VA's in
range of general administrative services but oftenOntario and this number is growing rapidly. Two
specialize in areas such as Web Design, Marketing,associations in Canada provide support to VA's;
Strategic Planning, Project Management or Realthe Canadian Virtual Assistant Connection and the
Estate Assistance.Canadian Virtual Assistant Network These
Training to become a Virtual Assistant can beassociations provide a Request for Proposal
found through several organizations; Internationalservice for businesses looking to hire a VA
Virtual Assistant Association, Assist U,through the association's on-line directory.
International Association of Virtual OfficeAs the Virtual Assistant industry profile increases
Assistants, and Red Deer College, to name a few.through media coverage and word of mouth
Through the intensive 2-year curriculum, a VA canfrom satisfied clients, the face of outsourcing in
obtain Certification or progress even further tothe new millennium is changing.
obtain the status of Master Virtual Assistant.