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How to Make £25 an Hour as a Virtual Assistant


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The coronavirus pandemic has caused major changes in the work environment. Nowadays, not only is a lot of work done remotely, but also a lot of work is outsourced. For many businesses, hiring freelancers and independent contractors for specific jobs, rather than keeping a large number of employees on the payroll, is more efficient and cost-effective. In particular, this leads to an increasing demand for virtual assistants.

What is a virtual assistant?

What is a virtual assistant?

Virtual assistants (VAs) are basically freelancers who work in administrative roles for a remote company or client. They hire their administrative or creative support to various clients and businesses and support their needs at home. It is a win-win situation for both the employer and the employee. From a business perspective, outsourcing to virtual assistants means they don’t have to provide the VA with office space, utilities and tools, or contribute any other additional benefits. While some of the key benefits to virtual assistants include the freedom to choose who they work with, the ability to work more flexible hours and the potential to earn over £200 a day. Plus, you can do it all at home without commuting to work. Don’t like what?

What’s involved?

Working as a virtual assistant can involve a wide range of tasks. It will largely depend on who you’re working for and what they need, but it can involve everything from answering phones and sending emails, to book keeping, business planning and published on desktop. Are there any relevant skills? Great. The more specialized your skills, the more you can charge. For example, if you have 5 years of experience working in the marketing industry and have extensive knowledge of Microsoft Publisher, you can market yourself as a virtual assistant specializing in desktop publishing and marketing. desktop computer.

do i need a degree?

While no formal training or qualifications are technically required to become a virtual assistant, most clients will be looking for a background or relevant experience in a secretarial or administrative job. If you don’t have this though, don’t panic! Firstly, you will have a lot of skills that can be transferred from other roles such as problem solving, teamwork and written communication skills. As well, the growing demand for virtual assistants means they need to take on additional roles such as social media, content management, blogging, and internet marketing. In these cases, experience in a specific role is more relevant than general management experience.

What do I need to set up?

To get started as a virtual assistant, you can really keep costs extremely low. While there are a few things you need, chances are you already have them. At a minimum you need a broadband internet connection, a separate phone line, a computer with all necessary software and stationery. Also, while you have paid your utility bills, you can claim some tax back on them if you are working from home.

Steps to become a virtual assistant

STEP 1: ORDER YOUR SKILLS

Virtual assistants are hired for a wide range of skills and expertise. Before you start, decide what your unique selling point is and how you will market yourself.

Here are some suggestions to get you started brainstorming:

  • Do you have any relevant skills?
  • Do you have any specialized training or qualifications in a particular field?
  • Is there an area of ​​work that you would like to learn more about or focus on?

Remember that this is an industry that is constantly evolving and evolving, so you need to update your skills and knowledge as software and programs change.

STEP 2: get started

Register your business

The first thing to do to get started is Register your business with your company name. Think carefully about the name you choose, as that is the first impression potential customers will have of you. A popular choice is to only operate under your own name.

Once you have chosen a name for your virtual assistant business, you should check that it is not already being used by others. You can test this with National business registration. In addition, you also need to check your business name is not trademarked. If it is it could cause you serious legal trouble down the line, so it’s best to find out in advance!

Finally, you will need to register as self-employed with HM Revenue & Customs this is free, but if you don’t finish the work within three months of working yourself, you could be fined. Once you’ve signed up, they’ll send you all the relevant information you need about national insurance and taxes.

BUSINESS INSURANCE AND TAXES

As a virtual assistant, you will need to consider upgrading your insurance policy, as working from home can affect your coverage. The Virtual Assistant Association there is a very useful article here about the type of insurance you need and why you need it.

When you first start working as a virtual assistant you probably won’t have to pay VAT as you’re allowed £85,000 in revenue before you have to pay it. However, if your taxable turnover is above £85,000 you will need to contact HMRC to register for VAT. This also means that you will have to comply with recent government changes to Do digital taxes.

FINANCIAL AND START-UP COST

The initial financing and start-up costs often make it impossible to make an immediate profit. Be prepared for this and check Should you take out a loan to start a business? for more information.

How to find a job as a virtual assistant

STEP 3: Find a job as a VIRTUAL HELP

REGISTER AGENT HELP VIRTUAL

Signing up for an agency can be a good starting point for working and finding clients. However, be wary and avoid agencies that will charge you to work for them. Once you have paid them, it is highly doubtful if you ever hear from them again. Likewise, avoid anything that advertises ‘get rich quick’ or ‘earn up to £1000 a day’. Anything too good to be true in the job market always is.

One of the best sites to check out is Virtual Assistant Association. It’s a free service, and they have loads of useful information for virtual assistants. You can choose from two different membership types: approved and standard.

  • The standard membership is designed to assist those who want to become a virtual assistant. It includes a number of useful tools. You will have access to a forum where you can post your queries, social blogs and other resources.
  • Approved memberships are for businesses. You will have to agree to the code of conduct and have a professional quality website and email, which will be tested. Once you’ve been verified, you’ll be added to a searchable database. They will also give you access to the ‘available jobs’ section of the forum, which will then hopefully lead to paid work.

ADVERTISE YOUR VA BUSINESS

When you first set up any business, the hard work is to make your services known and sourcing to customers. Our article Looking for freelance clients have some helpful suggestions on how to advertise and find customers for yourself.

To get your initial clients, you need to know who you want to offer your VA services to. Make a list of your key skills, what you’ve accomplished, and what you enjoy. Then think about what kind of company will need your services. What type of company might need you to arrange their email or phone line? Companies that may need virtual help with customer service?

Consider what you can offer to improve their productivity, what benefits your services will bring to the company, and what makes you stand out from the crowd.

Your advertising medium will depend on your target audience. Ask yourself:

  • What documents do these companies read/use?
  • Where is the network of these companies?
  • What form of media is this company likely to be exposed to most often?

Also, creating your own website is a good way to sell yourself as a virtual assistant. The website is a useful place for you to build your online CV, showcase your experience and endorsements, and use it to promote your services. There are plenty of free tools that make it easy. How to set up a website for your freelance business has all the information you need to get started.

Step 4: Increase your skills, increase your salary

Virtual assistants can make more money by increasing the skills they offer. Things like bookkeeping, web management, and copy editing are popular ways to increase your appeal to potential customers. Basically, the more you do, the more leads you can bring in, and this will increase your chances of getting a job. A bunch of work is the beauty of being a virtual assistant, and the more you do, the more you can charge up.

How much do virtual assistants earn?

How much do virtual assistants earn?

Based on Glass door, the average annual salary of a virtual assistant is just under £30,000. In addition, an annual survey conducted by Virtual Assistant Associationfound that the average hourly rate for a VA in the UK is £27. These numbers might give you a rough idea, but it obviously depends largely on what skills and experience you have. can bring to a role.

There are several important things you need to take into account when setting your price. First, you want to decide if you’ll charge on a daily or hourly basis. Be wary of hourly charges, however, as you may have to work long hours without bill doing your own research and administrative tasks, which essentially makes you money. less than you can with the daily fee.

However, as a self-employed person, you also need to take into account the lack of:

  • Holiday pay
  • Sick salary
  • Maternity leave
  • Guaranteed hour
  • Pension contributions
  • Job security; and
  • Stationery and office utilities provided

You’ll need to factor in the fact that you’re missing out on these benefits into your pricing. In fact, a minimum of 25% must be added to your price to ensure your expenses and taxes are covered. For example, if you were thinking of charging £20 an hour, this would change to £25.

Read more useful

If you are looking for more help on setting up a freelancer check out the articles below:





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