Surviving the Storm…Recession – proof your business…
The news is full of doom and gloom in the economy and work world. During a down economy, individuals who cannot afford to work with a full-time employee anymore are choosing to work with a virtual assistant. Hiring a virtual assistant during lean times means that you can enjoy reduced labour costs while still having the services of an assistant to handle the necessary administrative tasks that are vital to your business.
By hiring a virtual assistant your business can save thousands of £1,000s per year!
“Although the virtual assistant’s hourly rate is more than the employee’s rate in the first place, you save the cost of benefits and overhead that would have to be applied to the new employee’s wage. And, because virtual assistants are usually more experienced, more efficient, and better connected than the employee, you’ll need to devote far less time to the project to get the same results, only 480 hours a year versus 2,080 for the new employee. Your employee’s 8-hour day can be crunched into 3-4 hours with a virtual assistant.” – Source: Virtual Assistant Network Cost Comparison.
With a VA, you’re not saddled to a 9-5 workday. They work around your schedule and are there when you need them. If you’re in different time zones, that can work to your advantage, too. Rather than assigning eight-hour shifts, you can develop a schedule that maximizes output while keeping costs in check.
Virtual assistants can also help you scale up your business operations quickly. As they give you the ability to quickly hire talent on a project-by-project basis, you can easily cope with increasing work demands without worrying about rushing your recruitment process. You can use virtual assistants to quickly deal with sudden scope increases and then slowly hire full-time employees once things have settled down.
With more and more business entrepreneurs trying to find ways to cut back on hired in-house help to save a bit of their hard-earned money, hiring a virtual assistant ends up becoming a fantastic option for these entrepreneurs.
Recessions are historically ripe with opportunities for innovation, and we at www.globalvirtualpartners.com are proud to say that we’re at the forefront of that innovation. We provide companies with a different way to do business.