How to Know When You’re Ready to Launch Your Business
January 29, 2019
Do you know you want to start your own Virtual Assistant business you just don’t know when you’re ready to launch your business? Deciding you’re ready can be a tough thing because let’s face it, are we ever prepared to put ourselves out there? Well, I’m here to tell you, you are probably closer to prepared than you think and it’s not that bad to close your eyes and hit “launch.”
But, if you’re still on the fence of whether you are ready or not, here’s a quick checklist of things you should have done before you officially launch your business:
List of Services – What are you going to offer? Don’t get caught stumbling when a client asks how you can help and certainly don’t get caught saying you can do something when you actually can’t.
Prices – How much are you going to charge? You want to have at least a basic idea of how much you need to make hourly so you can sound confident when potential clients ask how much your rates are. My advice on setting your prices is to set them slightly higher than you want to make, so you have a little room for negotiation. This is especially true if you are a brand new VA and do not have any references.
Resume and/or Portfolio of Work – How are you going to show your clients what you’ve done? Most potential clients are going to ask to see some of your resume and/or previous work examples. This can be displayed on a personal website, or it can be nicely organized in a sharable folder you can send them. Just make sure that everything you are sending them is top notch work and excellent examples of what your talents.
Contract – How are you going to protect yourself? Now, this doesn’t have to be anything elaborate, especially if you are just starting. But you’re going to want to make sure you have some way of documenting what, how, and when you are going to get paid, what you are going to get paid for, and what happens if you don’t get paid. Cover your bases.
Payment System – How is your client going to pay you? There are many payment forms you can use, and obviously, cash is king. But I’m going to bet that most of your clients are not going to live near you and they are not going to want to send cash or check in the mail. Nor should you want to wait for that to arrive via snail mail. Online invoicing systems such as Wave Accounting and bank transfers, like Zelle, are so easy to set up and most offer very low to no fees. One thing to consider that not all of your clients will want to pay via a bank transfer so accepting credit cards should be considered as well.
If you have the above five basics done and ready, then stop wasting time and launch your business! Why wait an extra day when starting today can put you one step closer to getting your first client?
You may feel like you have no idea what you are doing, trust me, that’s how I felt! But the more you put yourself out there, the more confident you are going to get when pitching yourself to potential clients. Just get the first few awkward, “I don’t know what I’m doing” pitches out of the way, and you’ll be on your way to a full client load in no time.
Need a little more guidance on launching your Virtual Assistant business? Click HERE to download my FREE 31 Days to Opening Your Work-at-Home Guide , and I will help walk you through every step of the process.