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calculating your rates

Podcast: Estimate Client Work Needs and Work Within Their Budget

Today’s Quote: Don’t expect a business to give you their expertise when you only want to pay a fraction of their fees. Hire someone within your budget and accept the quality of what you’re willing to pay. – Donna Mee Welcome to another episode of the podcast that teaches you how to be a ridiculously good virtual assistant. Today I am going to go a little further into time management and talk about how to break down tasks, time and cost them, and work within your client’s budget. Click the play button above to tune in, or choose your favourite podcast player below:   Connect with Tracey D’Aviero, VA Coach and Trainer         Episode Notes: So the… Read More »Podcast: Estimate Client Work Needs and Work Within Their Budget

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How to Set (or Fix!) Your Virtual Assistant Rates

Setting your rates can be one of the most challenging things to do in your VA business. There is often a confidence issue that rears its ugly head when you are starting out – you think you have no experience, you aren’t sure your rates are even competitive, and you don’t want any clients to say no when you tell them what you charge. And if you have been in business for a while, you may still struggle to raise your rates when you need to (especially if you started out much too low). But in order to run a successful VA business – and stay in business – you need to set your rates properly. Either way, it’s not… Read More »How to Set (or Fix!) Your Virtual Assistant Rates

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How to Make Sure Your Virtual Assistant Rates Are Set Properly

How can you be sure that your Virtual Assistant rates are set correctly? What you will charge your clients depends largely on the type of tasks you do for them. Your level of expertise or experience can also affect the rate you charge (though not always!) It is very important to determine a starting rate that makes sense for your service offerings – one that values your ability and expertise, and that your clients will be able to pay you. Here are some rate estimates for a variety of different levels of Virtual Assistants. Beginner Like any job, when you start out, you might earn less as you try to gain experience. Then as you get better at what you… Read More »How to Make Sure Your Virtual Assistant Rates Are Set Properly

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Setting Your Rates So Your VA Business is Profitable

How did you arrive at your rates for your VA business? If you didn’t do any calculations, you need to read this. Setting your rates is one of the most important things you need to do properly in your Virtual Assistant business. Rates that are too low will cut into your profitability, and might even put you out of business. Rates that are too high can also keep you from getting clients, if you aren’t looking in the right place, or if you can’t articulate the value you are bringing to clients. If you have not done the ‘math’ to set your rates, it’s time to look at that. Here’s how you need to do this: What Do You Need… Read More »Setting Your Rates So Your VA Business is Profitable

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