Virtual Assistant Contracts

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Virtual Assistant Contracts
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Old 08-11-2008
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Default Terms of Contract
When drafting a retainer contract for a new client how long does it typically say? A year, 6 months? I would to see your feedback. Thanks!
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Old 08-11-2008
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Default Re: Terms of Contract
My contract is for an ongoing month-to-month agreement. Either Client or myself may cancel at any time for any reason with a 30-day written notice.
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Old 08-11-2008
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Default Re: Terms of Contract
My contract states the terms of the contract are good for one year, but either party can cancel at any time.
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Old 08-11-2008
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Thanks Ladies! Both are really good ideas. Not sure which one I would go with though. I'm going to have to give it some thought.
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Old 08-11-2008
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Mine is the same as Sue's....month to month with the right not to renew with 30 days written notice.
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Old 08-13-2008
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I offer a special rate for a client if he/she accepts a long-term contract with me. The longer the contract the bigger the savings. Standard though, my retainers are month to month.
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Old 08-13-2008
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I'm using month-to-month as well.

Sharon
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Old 08-14-2008
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Default Re: Terms of Contract
I see that month to month is the more popular way of doing it.
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Old 08-14-2008
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Default Re: Terms of Contract
Since we are on the "retainer topic", I have a question for all of you. How do you get a client to agree to paying a retainer or even paying a portion of the agreement? In my first years, I struggled with this and found that some potential clients were offended that I made such a request. Now I leave it as an option and tell them what I prefer.

Any thoughts?
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Old 08-14-2008
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Default Re: Terms of Contract
What I did after I found out the work my client needed done and what his monthly budget was (this was a great way to discuss a retainer). Ask you client how much they have budgeted for a VA?? My client said they had $xx.xx in the budget. I let him know that since this was going to be an on going working relationship I did required a retainer of $XX.XX (the same amount he said was in his buget). I explained that if by chance he needed work that went over this amount I would let him know a head of time. At the end of the month I provide a detailed invoice to my client and deduct the amount he owes from the retainer and then he provides the additional funds to bring the retainer back to $xx.xx. I hope that isn't to confusing.

I think the biggest thing is to ask as if you already know your client will pay it. Over the years I have learned by assuming you will get what you are asking for human nature just follows. If they by chance don't explain you require this for the first 6 months while you are establishing a business relationship. Personally, if this is your policy I would stand by it...

Good Luck
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