Virtual Assistant Business Plan Sample

You break things down into actionable pieces, and then you can take those action steps and you can break those down into smaller daily activities, so that you can actually get things done. When you put these things into your business plan, you can look at them.

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If you need to make $500 per client (or whatever that looks like for you), how does that look and what services can you provide for clients to get them to that level?

Determine what your rate is and and how much you'll do. A lot of VAs think they can serve anybody - that they can work with anybody - and although that's not false (it's actually quite true! They needed someone to do the things that I could do, like client care. They did launches every few months, so I could take my marketing stuff and work into that. That's a really big piece of your business plan as well.

You can also get some really good ideas about how to package your services, or maybe who to market to, by doing a little bit of kind of competitive analysis for your clients.

Research is always going to be your friend here, but you have to use that research then to make some decisions. Set your end goal - this is always the way I do goal setting - set your end goal, and then you break it down into the steps that will take you to get there. You need to make sure that you do what you need to do.

And the business model is a really big piece of that.

Because this is a really challenging area for a lot of people, I often suggest to just get help with it. So if you don't know how to do the finance part of it to figure out what your startup costs are, what you're going to have to pay on a regular basis, what you need to earn pre-tax, and and what you're going to bring into your household, what you need to earn in any particular month, that's what you need to look at. If I need to bring in ,000 a month, and my billable rate is going to be around here ("$XX"), how does that actually convert - how does that make sense for you in terms of client number of clients, or what those clients need to pay you?And then how does that work into how your business is going to be set up?So finance and revenue forecasting is really important to learn how to do.If you do not have a business plan, and this is something that a lot of Virtual Assistants are starting out or who are having a little bit of difficulty growing their business really often don't have in place.When you write anything down it really helps to reinforce it in your brain.If it's your rate, you know sometimes it's just set a rate and get going.It's not about looking around, and asking a million other people.So when VAs ask me if they need a business plan, my short answer is always: yes.Because if you want to have any success in your business, you have to have a plan.The virtual assistant business has been growing steadily since its inception in the 1990s.The growth and affordability of technology, along with the increase in the number of solo-entrepreneurs, have created a need for virtual support staff.