How Hiring A Virtual Assistant Can Save You Money

In today’s society we hear of the countless success stories of the “self -made millionaires’”  or those entrepreneurs who quit their 9-5 to pursue their passion and next thing you know their products are sold out of their service is in high demand and whereas the highlight reel may be exactly that behind the scenes a lot of work had to be done in order to attain such success and unfortunately that’s one part of the story which doesn’t get focused on a lot (if ever).

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Whether you’re a business owner or you work for someone one thing that is true across the board when it comes to time is that ‘time is money’. This phrase is popular in many films, social circles and even more in the business world and the truth of the matter is time really is money. As a business owner where you may be directly offering your time/service for a hourly fee it’s even more important that your time isn’t wasted as wasted time will most definitely have a negative impact your earnings.

That’s where a virtual assistant can come in and change things around. A virtual assistants main job is to do exactly as the title says .. ‘assist” and for every person and business the type of assistance will vary but at the core of their role it is helping someone with tasks that will help enhance their business productivity.

Numbers never lie so let us make the numbers do the talking…

Let’s say you have a coaching business where you charge hourly for your service and you don’t have a virtual assistant doing the background work for you.

Your hourly rate = $200

Time taken to do all your admin/background work per day – 3 hours

That’s a total of $600 that you have essentially lost by doing everything yourself

Now, let’s see what the cot will be if you had a virtual assistant

Virtual Assistant hourly rate - $30

Time spent on your admin work per day – 3 hours

That’s a total of $90!

Just by investing in a virtual assistant you can increase your profit margin significantly on a daily basis. ‘so not only would you be saving money but you would also have the peace of mind knowing that your backend work is in capable hands and you can spend time doing what you are best at – which is focusing on offering your service to your clients.

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If you are ready to start saving money get in touch with YHVA and see how we can help.