Bookkeeping

Virtual assistance

Virtual Strategic Partner: The Secret behind the success of Start-ups and Small Businesses

Highly productive people do not have any secret sauce behind their success but rather they are very good at doing something which other people forget often. It’s delegating. In principle, delegating might sound like a fairly easy step but if you look closer, there is a fair amount of planning that goes into getting it done. This is especially true for heads of start-ups and small businesses. Why to Hire Virtual Assistants? In the beginning, it is understood that it is very difficult to let go control of the business at this early stage. Too much of multi-tasking is one of the reasons for burnout among first-time entrepreneurs. It must be understood that anything that does not help your growth directly can be delegated to someone else. You need to place your focus where it matters the most, and let others take care of tasks which are not critical to the business. Another challenge that start-ups and small businesses face is the problem of cash flow. As an entrepreneur even if you are financially getting help, you sometimes do not have the time, space and resources available to hire that additional employee that is really needed. This is the reason why many businesses turn to virtual assistants. A virtual assistant not only saves time and money but is a financially viable time tested investment for the growth of the company.   There are good reasons why the trend of virtual work is catching up. The first and the foremost is the penetration of technology which has enabled work force to function from almost any remote location. This helps businesses hire a wide range of talent pool readily available from across the globe. You could be hiring virtual assistants for one of the following reasons: You don’t need or cannot afford a full-time employee You find it troublesome to complete important tasks You need work to be done, but don’t have the luxury of office space Your frequent travel requires you to have someone work virtually Most of your time is spent in organizing than executing You know what tasks to be done, but don’t have anybody to do it As far as hiring an employee is concerned, it is about having a fit between the business goals and culture. However, if you only need help in doing administrative tasks and have the flexibility of hiring someone virtually, then you should definitely consider hiring a virtual assistant. Benefits that virtual assistants bring to start-ups and small businesses Earlier, it was believed that virtual assistants are only for executives. It is no longer the case, with start-ups and small businesses finding obvious benefits. VAs is a big time saver during the growth phase of the company where it doesn’t make fiscal sense to have full time employees. Today, small businesses and start-ups swear by the fact that virtual assistant has helped them in improving productivity, happiness and work-life balance. The scope of VAs are not limited to personal tasks – start-ups and small businesses use VA’s for tasks like order processing, customer support, bookkeeping, social media, web design and development, email management, marketing and administrative tasks. Guidance for the Virtual Employee You have to treat the virtual assistant just like a telecommuting employee. You need to still provide supervision on what kind of tasks need to be done and you need to understand the right fit for the job at hand. There is a need for some level of training, whether you start from small tasks and then give more responsibility or give more direction in the beginning and step back later. In any relationship, it is better to focus on the long term and build trust over time. Conclusion As the interaction with the virtual assistant increases you can provide honest feedback to the work being done. After all, the trust factor with the virtual employee is important as well. You can start by providing your password for social media accounts and ask them to manage the social media accounts. When the trust gets established you can follow it by making him/her book vacations using your credit card. The important thing is that your Virtual Assistant is just like any other employee in your office, who needs to be taken care of just like a normal employee and given the due courtesy. The virtual employee helps reduce your workload so that you can focus on the much important things.

Virtual Strategic Partner: The Secret behind the success of Start-ups and Small Businesses Read More »

Highly productive people do not have any secret sauce behind their success but rather they are very good at doing something which other people forget often. It’s delegating. In principle, delegating might sound like a fairly easy step but if you look closer, there is a fair amount of planning that goes into getting it done. This is especially true for heads of start-ups and small businesses. Why to Hire Virtual Assistants? In the beginning, it is understood that it is very difficult to let go control of the business at this early stage. Too much of multi-tasking is one of the reasons for burnout among first-time entrepreneurs. It must be understood that anything that does not help your growth directly can be delegated to someone else. You need to place your focus where it matters the most, and let others take care of tasks which are not critical to the business. Another challenge that start-ups and small businesses face is the problem of cash flow. As an entrepreneur even if you are financially getting help, you sometimes do not have the time, space and resources available to hire that additional employee that is really needed. This is the reason why many businesses turn to virtual assistants. A virtual assistant not only saves time and money but is a financially viable time tested investment for the growth of the company.   There are good reasons why the trend of virtual work is catching up. The first and the foremost is the penetration of technology which has enabled work force to function from almost any remote location. This helps businesses hire a wide range of talent pool readily available from across the globe. You could be hiring virtual assistants for one of the following reasons: You don’t need or cannot afford a full-time employee You find it troublesome to complete important tasks You need work to be done, but don’t have the luxury of office space Your frequent travel requires you to have someone work virtually Most of your time is spent in organizing than executing You know what tasks to be done, but don’t have anybody to do it As far as hiring an employee is concerned, it is about having a fit between the business goals and culture. However, if you only need help in doing administrative tasks and have the flexibility of hiring someone virtually, then you should definitely consider hiring a virtual assistant. Benefits that virtual assistants bring to start-ups and small businesses Earlier, it was believed that virtual assistants are only for executives. It is no longer the case, with start-ups and small businesses finding obvious benefits. VAs is a big time saver during the growth phase of the company where it doesn’t make fiscal sense to have full time employees. Today, small businesses and start-ups swear by the fact that virtual assistant has helped them in improving productivity, happiness and work-life balance. The scope of VAs are not limited to personal tasks – start-ups and small businesses use VA’s for tasks like order processing, customer support, bookkeeping, social media, web design and development, email management, marketing and administrative tasks. Guidance for the Virtual Employee You have to treat the virtual assistant just like a telecommuting employee. You need to still provide supervision on what kind of tasks need to be done and you need to understand the right fit for the job at hand. There is a need for some level of training, whether you start from small tasks and then give more responsibility or give more direction in the beginning and step back later. In any relationship, it is better to focus on the long term and build trust over time. Conclusion As the interaction with the virtual assistant increases you can provide honest feedback to the work being done. After all, the trust factor with the virtual employee is important as well. You can start by providing your password for social media accounts and ask them to manage the social media accounts. When the trust gets established you can follow it by making him/her book vacations using your credit card. The important thing is that your Virtual Assistant is just like any other employee in your office, who needs to be taken care of just like a normal employee and given the due courtesy. The virtual employee helps reduce your workload so that you can focus on the much important things.

Six Things You MUST outsource to a Virtual Assistant

Focus is one of the biggest secrets to success. So, start focusing on the core tasks of your business. But, what if you have a long, boring list of trivial tasks to handle before you can even begin to focus on the core tasks? What if you are too confused and can’t figure out what you should be focusing on? Aren’t these questions becoming barriers to your business growth? Today, many start-ups and small business owners suffer from the ‘superhero syndrome’ -a condition where business owners believe they can take on anything and everything on their own! While taking responsibility for your business is good, juggling too many hats at the same time, could eventually lead to your downfall, as you slowly begin to lose focus on the core tasks and what you should ideally be concentrating on as a business owner. You start dissipating your valuable resources across trivial tasks which can be better taken care of by someone else. This is where the need for a convenient solution arises. If you are seriously looking at business growth or a balanced, personal life, you must think of hiring a Virtual Assistant. Now, before you get all excited and make a hasty decision of hiring a Virtual Assistant, ask yourself if there are aspects of your life that you need a break from and if there is a long list of other activities that you need to focus on. Once you have filtered out the activities that are best handled by a third party provider like an outsourcing company, you can then finally get down to hiring a Virtual Assistant.If you are new to outsourcing and don’t know where to tread yet, let us take a look at some of the tasks that you can outsource to a Virtual Assistant. Managing e-mails Managing e-mails can be a whale of a job. Sifting through junk and responding to countless e-mails can eat into a good chunk of your productive time. Consider outsourcing e-mail management to a reliable virtual assistant. It will free up a lot more of your time than you would have imagined. Trust us! Bookkeeping We all know how monotonous bookkeeping can get. It involves the time-consuming process of recording bills, invoices, payments etc. Imagine how much you can achieve in your business or personal life with the free time you get after outsourcing bookkeeping tasks to your virtual assistant! Numbers can get harrowing and with a Virtual Assistant in the picture, you won’t have to worry about one more complicated entry or computation. Online Research     Online research is another important task that many individuals and businesses carry out in their day to day lives. It also consumes a good fraction of your precious time. Online research, if outsourced, can earn you that much-needed time to focus on the activities that matter the most to you and that are crucial to your business. Travel and trip arrangement We all know how much effort goes into planning a journey. One may face a lot of hurdles along the way when it comes to booking a hotel to suit the budget, hiring a taxi, booking cheap flight tickets and the like. With the help of a virtual assistant, focus on the destination and let your Virtual Assistant take care of all the nitty-gritties of making your journey a comfortable one. Setting Reminders/Calendar management A well-managed calendar can help you sail smoothly through the month. Setting reminders is also an integral part of a well-maintained schedule. Outsource your calendar management activities to a Virtual Assistant and rest assured you will never miss another important deadline or family event! Data Entry Data entry is a simple task but can be monotonous and tiresome. Consider outsourcing data entry to a Virtual Assistant. It will give you a lot more time to do the things you love.

Six Things You MUST outsource to a Virtual Assistant Read More »

Focus is one of the biggest secrets to success. So, start focusing on the core tasks of your business. But, what if you have a long, boring list of trivial tasks to handle before you can even begin to focus on the core tasks? What if you are too confused and can’t figure out what you should be focusing on? Aren’t these questions becoming barriers to your business growth? Today, many start-ups and small business owners suffer from the ‘superhero syndrome’ -a condition where business owners believe they can take on anything and everything on their own! While taking responsibility for your business is good, juggling too many hats at the same time, could eventually lead to your downfall, as you slowly begin to lose focus on the core tasks and what you should ideally be concentrating on as a business owner. You start dissipating your valuable resources across trivial tasks which can be better taken care of by someone else. This is where the need for a convenient solution arises. If you are seriously looking at business growth or a balanced, personal life, you must think of hiring a Virtual Assistant. Now, before you get all excited and make a hasty decision of hiring a Virtual Assistant, ask yourself if there are aspects of your life that you need a break from and if there is a long list of other activities that you need to focus on. Once you have filtered out the activities that are best handled by a third party provider like an outsourcing company, you can then finally get down to hiring a Virtual Assistant.If you are new to outsourcing and don’t know where to tread yet, let us take a look at some of the tasks that you can outsource to a Virtual Assistant. Managing e-mails Managing e-mails can be a whale of a job. Sifting through junk and responding to countless e-mails can eat into a good chunk of your productive time. Consider outsourcing e-mail management to a reliable virtual assistant. It will free up a lot more of your time than you would have imagined. Trust us! Bookkeeping We all know how monotonous bookkeeping can get. It involves the time-consuming process of recording bills, invoices, payments etc. Imagine how much you can achieve in your business or personal life with the free time you get after outsourcing bookkeeping tasks to your virtual assistant! Numbers can get harrowing and with a Virtual Assistant in the picture, you won’t have to worry about one more complicated entry or computation. Online Research     Online research is another important task that many individuals and businesses carry out in their day to day lives. It also consumes a good fraction of your precious time. Online research, if outsourced, can earn you that much-needed time to focus on the activities that matter the most to you and that are crucial to your business. Travel and trip arrangement We all know how much effort goes into planning a journey. One may face a lot of hurdles along the way when it comes to booking a hotel to suit the budget, hiring a taxi, booking cheap flight tickets and the like. With the help of a virtual assistant, focus on the destination and let your Virtual Assistant take care of all the nitty-gritties of making your journey a comfortable one. Setting Reminders/Calendar management A well-managed calendar can help you sail smoothly through the month. Setting reminders is also an integral part of a well-maintained schedule. Outsource your calendar management activities to a Virtual Assistant and rest assured you will never miss another important deadline or family event! Data Entry Data entry is a simple task but can be monotonous and tiresome. Consider outsourcing data entry to a Virtual Assistant. It will give you a lot more time to do the things you love.