Friday, September 21, 2007

The Benefits to Entrepreneurs and Small Businesses to Outsource to a Virtual Office or Assistant

by Melissa Vokoun

Today more entrepreneurs, small businesses, and home-office professionals need the support of highly-trained personnel to efficiently handle administrative, marketing, clerical, concierge, and financial tasks.

The majority of corporate employee cutbacks directly affect the ability to accomplish these critical assignments without draining time resources from mission-critical professionals.

The emergence of the Virtual Assistant – Virtual Office support professional can fill that gap. The Virtual Assistant takes the role of office temp and elevates it to the status of entrepreneur. Because the Virtual Assistant is self-employed, bills the client only the hours worked or assignment completed, and is dependent on steady workflow from existing clients and referrals, this is the perfect solution for the busy professional.

The Virtual Office Ensemble – Virtual Assistant offers several advantages over a paid employee. When you hire a virtual assistant, you get all the benefits of outsourcing – no burden with employee taxes, insurance, retirement plans, vacations, or sick pay. This savings in financial resources is coupled with the loyalty and steadiness of a company employee because your trust and work is vital to the success of their company.

Hiring office temps often does not work out for several reasons. They are a transient solution and are very expensive with the associated fees of the hiring agency which they are employed through. A temp can be more costly than their worth with the cost of training and supervision added into the equation. Also, most temps are looking for full-time employment and even if you find a person who seems to exactly fit your needs, they are not always available when YOU need their services or they have been hired full-time elsewhere!

Paid employees or temps come with a host of related expenses. You must provide a desk, computer, phone and necessary facilities. Most agencies WILL NOT allow temps to work in your home due to insurance restrictions. A Virtual Assistant – an entrepreneur – not only has a virtual office with computer, phone, printer, fax, and client-specific essentials, but is more than willing to meet and work with you in home-office or small-office environments.

Industry estimates the cost of most support employees is nearly triple their annual salary when all factors are considered.

Statistics provided by the United States Bureau of Labor determined the “true cost” for an experienced in-house administrative employee is currently $45.54 per hour.

This does NOT include the expenses related to office space and equipment required for them to perform their job.

On average, the Virtual Assistant industry estimates the starting rate for a Virtual Assistant is $40.00 per hour. This professional entrepreneur is responsible for taxes, benefits, space and equipment.

5-hours of in-house administrative labor will cost a company $212.70 versus $175.00 for retaining an Independent Virtual Assistant for the same time period.

A reputable Virtual Office or Assistant has the expertise and tenure to handle administrative, marketing, basic financial and concierge support services.



Melissa Vokoun has dedicated her career to helping provide necessary infrastructure for entrepreneurs and small businesses for over 25 years. Her firm provides necessary expertise through establishing partnerships with talented professionals. NuVo Partners offers Business Start-Up, Marketing, Operational, Financial, and Administrative support. For more information, visit the website at: http://www.nuvo-partners.com or call 847-392-6886.

Article Source: http://www.wahm-articles.com

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