But the gaps in your business operations are still evident. Sales are still not flowing in as expected. And your accounts could even be in the red.
Before you call it quits and hand over your notices and resignations, let it be known that there is a saving grace for you.
It comes in the form of a virtual assistant.
You’re probably thinking: How can hiring one person save me so much that I couldn’t already save for my business?
- Save operation costs
Hiring a VA helps you save all the operational costs you require to recruit a new candidate. You no longer need to:
-> Run massive recruitment and advertising exercises
-> Hire someone to draft contracts (VA’s usually provide these)
-> Spend precious Human Resources and Payroll efforts on VAs unlike you have to with a full-time staff
- No training costs
Again, with virtual assistants, you escape the need to go through training. VAs come equipped with their expertise and, with a little bit of run-through of your daily operations, can adjust to your working style.
Compare this to recruiting and training a recruit. You can save hundreds just by hiring a VA over a full-timer.
- No holiday and sickness costs
A full-time staff will require mandatory sick leaves and holiday time. Plus, maternity or paternity leave, and insurance. All this incur cost to a company as you are still paying for a staff who is not physically present in the office.
With a VA, you get what you pay for. Don’t need your VA to clock in extra hours this week? Inform them and you don’t have to pay for those hours not worked. If your VA is on a retainer package, then you know how many hours of work you get in a month.
In other words, there is no need to fork out extra cash if not necessary.
- Accessible from anywhere
Which means there’s no need for you to purchase a desk, chair, a laptop, stationery … you get the deal … when you hire a Virtual Assistant.
This fuss-free arrangement benefits both you and your VA. You can communicate with him or her from anywhere in the world, and she can access and execute your tasks from the remotest of locations (provided there’s internet, of course).
- Smaller office space
Naturally, a VA’s ability to work from anywhere then allows you the liberty of renting or owning a smaller office space.
Just think of how much rent you could be saving from getting a smaller office unit. On top of that, you wouldn’t even need to get one in a prime location as your team members work remotely.
- Better productivity and priority management
Your in-house staff is swamped with so many things-to-do. You need them to focus on priority items but they just can’t concentrate.
Offload all these non-priority items on a virtual assistant to maintain the quality of the work required. This way, your staff gets more time to work on important agendas. Productivity will be certain to rise as they can now manage their responsibilities more effectively, in turn producing greater results.
Best of both worlds!
- Expansion possibilities
Now that you’ve saved so much cost on your existing business, it’s time to make headway to expand. With the extra budget, you could consider growing your business into new segments or locations with much less headaches.
And to begin, you can hire a few more committed virtual assistants who can help you kickstart your business remotely.
Looking to bootstrap your business without losing your edge? Talk to us to find out how we can be of assistance today!