How easy is it being a Virtual Assistant?

Being a Virtual Assistant (VA) is not all about the client sending you typing, you do the work and send it back, there is much more involved.
As a VA we do many things, there is month end administration with invoices every month so no matter how busy you are, you stop and do your invoices, it is important to be paid for the work we do. You set aside a day and get your invoices out. Bookkeeping and updating your schedules. This is just one part of our administration another part is, we need to push clients and contractors for payments and invoices, we have to battle with clients who do not want to pay, who query what we do.
One of our aims is to keep our clients happy all the time, we need to keep that client as they provide us with ongoing work so we nurture that client; our clients are our bread and butter. We need to liaise with our clients often.
Managing many clients work is not an easy task. Keep their work in separate folders also in my documents have client folders and in email. With regular clients it is best to invoice monthly. All my clients are regular so I prepare all their invoices at the end of the month and get them all out at the same time so that I can monitor payments coming in. This is where my work log comes in handy as I document all work incoming, and I check back against this when doing my invoicing for each client.
Administration as we call it is a major part of being a VA. We need to market continually, our company needs to be out in the public eye and be seen. Our websites/blogs need to be updated. We continually look for new avenue’s to market our work to. Networking is just as important, there is always the need to tell everyone and anyone what we do, who we are, get the word out there. Any person you talk to could be a potential clients or referral, that’s why it is important to talk about your business no matter where you are, when you can and who you are with. We continually need to look for avenue’s to advertise our companies.
Often we need to do debt collecting with clients who do not pay, this is not a nice part of the job but we must do it, we need to be paid for what we do.
Managing of contractors, when a VA is overloaded we then get the opportunity to help out newbie Vas by contracting to them or helping out established VAs with a bit of extra work. Contracting work out is not as easy as you think. We are on our contractors backs to get them to keep in touch, they need to meet our deadlines, what if the contractor decides she is not doing the work or cant for some reason then we need to find a replacement in the middle of the work that is time taking. Paying of contractors on completion of work.
Another favourite is quoting for work, often ad-hoc jobs come in and we need to arrange a quote, quoting is not quick we need to ask questions to be able to place a price on the work, very time consuming especially with larger jobs.
Filing must be done as with any job, the office administration as seen above is often the hardest part of our job to do, but that comes with running any company/business. There are still many other facets about being a virtual assistant, the best way to learn about doing this type of job is to talk to established VAs as they know what they are doing and they can give you valuable information.

So you see it is not all about sitting and typing, it is about running a full time business/company, and these are only a handful of the tasks we do.

Written by Alison Fourie VAcertified
AMF Typing Service cc

Payments and Clients

As part of your business plan you need to write up a procedure for dealing with your clients and payments.
How do you want to receive your payments?
When are you going to invoice your clients?
With once off jobs/tasks I would suggest you start of by asking for a 50% deposit before starting work, then on completion of the task and the client has came back to say they are happy with the work then you send an invoice. Do not start the work no matter how urgent before receiving your 50% deposit. Your payment is also important as is the clients work.
My clients have 10 days to pay me from date of the invoice. If that client has not paid me I then follow up and keep following up until payment is received. With once off clients you invoice on completion of the job, not at month end. You point out your payment terms to the client and ask nicely when you can expect to receive payment, especially so when you work with subcontractors as those contractors need to know when they will be paid.
If I take on a client and they become  regular clients I then move the payments to monthly payments. I try to get my invoices out around 28/29 of the month, I try, its not always possible as often I can be too busy. Invoicing is important and I try to maintain that (try).
My monthly clients either pay on receipt of the invoice or within a few days. If the clients dont pay I send a friendly skype or email reminder. Our clients can also be just as hectic as we are.
Note: we will get the clients that do not pay, that is an accepted part of the job and part of every business.
Have payment terms on your invoice and as part of your terms and conditions in your clients contracts.
There is no need to be afraid of invoicing your clients, its is part of dealing with clients and part of doing the work for clients, you are a business owner and you must think as one.
Keep track of all your invoices, payments in and out, its important to know how much you earn and what profits you are not making or are making. You need to know where your company is financially at all times. Your basic bookkeeping must be part of your monthly procedures for your business.

Contratulations on first VA client

I would like to congratulate Celeste on getting her first VA contract.
I wish her luck with her new client and hope many more new clients will now come her way. Congratulations.

Céleste Schröder
Business Owner & Virtual Assistant
SCHRÖDER & ASSOCIATES CC
Suite 258, Private Bag X3, Northriding 2162
Tel : 011 794 1003 Cel: 082 764 9616 Fax : 086 612 7887
E-mail : sch.ass@telkomsa.net
Link to website: www.pa4you.co.za
Website: www.schroderandassociates.co.za
Skype: celeste_schroder
Delegate your Office Administration to SCHRÖDER & ASSOCIATES!