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What Should I Charge As A Virtual Assistant

There are several different factors that you should take into consideration when embarking into the field of being a virtual assistant or VA. This is not something that can be decided in a few moments time. It should be researched and carefully thought out.

You are going to want to sit down and make out a business plan. This plan should take into consideration the amount of time you want to put into this business per week. You should also figure out how much money you need to make for this business to be profitable for you and your family.  Then determine the amount of salary required to give you the amount of money you need.

There are some things that you need to consider when making your business plan as well as determining how much to charge as a virtual assistant.

You should take into account that you will now be responsible for all your own medical and dental expenses, retirement accounts and any other company benefits such as vacation time that you would have received as an employee of a company.

You will also be responsible for purchasing all of your own office equipment and supplies. You will have increased utility, phone and internet bills in connection with your business in your home. You will also be responsible for your own marketing fees and materials.

After taking the things mentioned above into consideration you should then do some research on what others in the industry are charging today.  Rates for a VA can vary from $25 to $75 an hour depending on their skills and their certifications.

You may feel that you need to start out with low rates since your business is new however most professionals know they get what they pay for so they may wonder why your rates are so low if you do so.  It is better to ask for what you feel your services are worth.

About Stephanie Watson

Mom | Wife | Virtual Assistant | Content Strategist
Stephanie has been working from home for over 20 years as a virtual assistant, template bender, and content writer. She's currently transitioning to business coach. You can learn more about her at her website http://www.barrypublishing.com.

Comments

  1. For now, I am moving into a new area – doing social media marketing and managing forums. I feel like I need at least a small stable of clients to get the ball rolling. For these people, they are absurdly low rates. But I get experience doing the job, I get good references, my name will hopefully spread and I get to help out a few friends. It’s a win-win for me.

    The question is, at what point do I charge people what I am worth? Should there be an interim friend-of-a-friend rate?

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