California’s unemployment rate is now the highest in nearly 70 years. While some still struggle to find a new job as an employee, there are those with an entrepreneurial spirit who have decided to create their own job by becoming a business owner: entrepreneurs.
One rapidly growing industry is that of virtual assistants, also known as VAs. Even though small business owners are cutting expenses and laying off employees, they still need to perform certain tasks, such as bookkeeping, phone calls, document creation, and other administrative tasks. Instead of hiring a full-time or even part-time employee, they have opted to hire a virtual assistant to take care of these tasks and pay only for the work they really need.
A virtual assistant is not an employee; he or she is self-employed. Being self-employed makes a VA an entrepreneur, a business owner. In the rapidly growing industry of virtual assistants, almost anyone can call themselves a VA. They may have a computer, Internet access, and a desire to work from home.
But is that enough to succeed as a virtual assistant? Is that all it takes to run a business? Successful business owners, including VAs, must have good business sense. They need to understand what it takes to run a business.
Many new and aspiring VAs have the necessary skills to perform the required tasks. However, many need basic guidance on how to run a business: how to be a business owner. Running a successful business involves a variety of tasks. Just a few of the things that should be considered are a business plan, a mission statement, how to read and understand profit and loss statements, setting revenue rates and targets, creating action plans and brand strategies, contracts and product management. time.
It’s quite a leap to go from an employed administrative assistant to a business owner virtual assistant. You need to do the research, gain the knowledge, find the resources and support you need to make the transition as smooth as possible. There are forums, ebooks, coaches, and mentors who can provide valuable information and support.
