Multi-Virtual Assistant Practices For discussion of what goes into creating and maintaining a successful multi-virtual assistant practice.
Forum Sponsor
YOUR BANNER OR TEXT AD HERE - SPONSOR THIS FORUM
Click to learn more
Reply
 
Thread Tools Display Modes
  #1 (permalink)  
Old 09-07-2007
Rita's Avatar
New Member
Company name: RJ's Word Processing Services
 
Join Date: Aug 2007
Location: Oceanside, California
Posts: 23
Send a message via MSN to Rita Send a message via Yahoo to Rita
Default Another Way to Grow Your Virtual Assistant Business
We, as virtual assistants (VAs), generally attempt to grow our business by obtaining more clients or contracts. Now the new strategy is to enlarge our small business by creating a multi-virtual assistant company or organizing a team of VAs to subcontract or outsource projects to. These VAs provide services, which will complement your services rather than compete with them.

More and more virtual assistants are creating multi-virtual assistant companies, while others are subcontracting to other VAs. Normally, virtual assistants who work with multi-virtual assistant organizations or work on a subcontract basis are entrepreneurs themselves. On the other hand, VAs who are in the beginning stages of their business can gain experience and knowledge as business owners while at the same time establish their companies, as well as earn money. Operating a small business requires much more than just knowing how to type or perform any other administrative task.

However, it is a win-win concept because an established virtual assistant (va) can offer more services without having to be skilled in that particular area, as well as have the assistance of up-and-coming VAs. In some cases, a virtual assistant needs a va to help them with administrative tasks. In addition, you have a backup in case of your absence for any reason. Whether you operate a multi-virtual assistant establishment or subcontract to other VAs, you can offer their services in addition to yours.

For example, in an attempt to grow my virtual assistant business and expand my services, I’m applying the subcontracting strategy. I recently organized a team of three VAs with varying skills to subcontract projects to. My core service is word processing services, and the team services include bookkeeping, Real Estate Virtual Assistant (REVA) services, transcription, and website and graphic design. Their services complement mine rather than compete with them. Now I can offer their services in addition to my current offerings. If for any reason I am absent or need assistance with my administrative tasks, every member of the team is able to perform word processing services and provide administrative assistance.

If you are a virtual assistant who is in the process of growing your business or increasing your list of services, consider organizing a team of virtual assistants with various skills. As the virtual assistant industry grows so does the level of available skilled virtual assistants. It is a win-win situation for established virtual assistant companies, up-and-coming virtual assistants, and our clients.

Rita J. Cartwright is a Virtual Assistant and owner of RJ's Word Processing Services, and she began her business in 2002. In 1998, she received a Bachelor's of Science degree in Marketing from Arizona State University with a minor in Spanish. More information about Rita and her company can be found at http://www.rjswordprocessing.com.
__________________
Rita Cartwright, Owner
RJ's Internet Marketing Services
Reply With Quote
  #2 (permalink)  
Old 12-22-2007
VirtualPartner4's Avatar
VirtualPartner4 VirtualPartner4 is offline
Contributing Member
 
Join Date: Dec 2007
Posts: 53
Default Re: Another Way to Grow Your Virtual Assistant Business
Great article Rita, thanks for sharing.

Best regards,
Tomesia Ingram
Reply With Quote
  #3 (permalink)  
Old 12-24-2007
the24hoursecretary the24hoursecretary is offline
Contributing Member
Company name: The 24 Hour Secretary
 
Join Date: Sep 2007
Location: Randallstown, Maryland
Posts: 81
Send a message via Yahoo to the24hoursecretary
Default Re: Another Way to Grow Your Virtual Assistant Business
Good article which provides food for thought for VAs wanting to expand their practice.

I run a multi-VA practice as well as use subcontractors for team overflow. Having this flexibility has allowed me to grow my business and remain a one-stop shop, providing a wide range of services. It has also allowed my company to niche certain services, as well as continue to offer general admin services for clients needing generalist support. Of course, there are factors one should consider before opening/sharing their business model with others -- including confidentiality concerns, quality assurance, compensation and ultimate responsibility issues. Once these (and others) have been addressed, the possiblities are unlimited.
Reply With Quote
  #4 (permalink)  
Old 09-15-2008
eliteoffice
Guest
Company name: Click here to learn how to add your Company Name!
Latest blog post: Click here to learn how to add your blog feed!
My latest Twitter: Click here to learn how to set up your Tweets!
 
Posts: n/a
Default Re: Another Way to Grow Your Virtual Assistant Business
Great article Rita, thank you.

I am new to the industry and am looking for opportunities to work with other VA's as a subcontractor. I'm not having any success yet but I'm hoping your article will help other VA's realize that we should work together and not compete against one another.

Diane Meglio
Elite Office Solutions
Reply With Quote
  #5 (permalink)  
Old 09-15-2008
Rebecka Melson's Avatar
Rebecka Melson Rebecka Melson is offline
Resident Member
Company name: Virtual Business Services
 
Join Date: Sep 2007
Location: Oklahoma, USA
Posts: 1,125
Default Re: Another Way to Grow Your Virtual Assistant Business
I'm having trouble deciphering multi-va vs. subcontracting. Are the multi-va's employee's or partner's of each other? I guess I assumed that multi-va meant that a company sub-contracted out their work to other va's.

Can someone with a multi-va team explain the difference?
__________________
Rebecka Melson ~ Virtual Business Services
Reply With Quote
  #6 (permalink)  
Old 09-15-2008
JKVirtualOffice's Avatar
JKVirtualOffice JKVirtualOffice is offline
Resident Member
Company name: JK Virtual Office Resources
 
Join Date: Mar 2008
Location: Oregon
Posts: 1,229
Blog Entries: 5
Send a message via Yahoo to JKVirtualOffice
Default Re: Another Way to Grow Your Virtual Assistant Business
That's a great question, Rebecka. I'll be interested in hearing the answer as well.
__________________
Kimberly
Tips & Tricks on Using Facebook for Marketing!
Reply With Quote
  #7 (permalink)  
Old 09-17-2008
VBP's Avatar
VBP VBP is offline
Active Member
Company name: Virtual Business Partners
 
Join Date: Aug 2007
Location: Woodridge, IL
Posts: 843
Send a message via Yahoo to VBP
Default Re: Another Way to Grow Your Virtual Assistant Business
I too have multiple VAs that I work with! It is the only way that I can grow my business. I am at the point where I am wanting to hand over my client work to my VAs so that I can concentrate on my marketing initiatives. I'm about half way there!

For me, I represent my company as my own and I list my team members on my sight, complete with their company information. I always let me my clients know the caliber of people that I work with and who would potentially be working on their projects if I am unavailable.

I do not hire employees as it is contrary to the concept of being a VA :-)
__________________
Doreen R. Patrick, MVA, ACS, CIVA
www.virtualbusinesspartners.net
Reply With Quote
  #8 (permalink)  
Old 09-17-2008
Office Support Online's Avatar
Office Support Online Office Support Online is offline
Contributing Member
Company name: Office Support Online
 
Join Date: Jan 2008
Location: Brisbane, Australia
Posts: 153
Default Re: Another Way to Grow Your Virtual Assistant Business
This is a very timely article Rita, thanks for putting it here. I seem to be having a mid-life/career crisis at the moment and am in the process of reviewing my clients and the type of work I do for them all. I have another up and coming VA who commented she would be happy to help with the 'boring' stuff I don't like doing because that is what she enjoys. It started me on this very thought stream of whether it would be a good idea to build my business by adding staff rather than finding clients that only want work I enjoy doing. I know in Australia there is a law that says as long at you don't earn more than 80% of your income from one source, you are a sub-contractor not an employee. To start with I think this girl would be a subbie, but if she decided to become a database specialist, I would then class her as a partner.

Food for thought for us all.

Cheers,
Marie
__________________
Marie Chandler
www.officesupportonline.com.au
Reply With Quote
  #9 (permalink)  
Old 09-17-2008
Gems Virtual Office's Avatar
Gems Virtual Office Gems Virtual Office is offline
Active Member
Company name: Gem's Virtual Office
 
Join Date: Aug 2007
Location: Williamson, NY
Posts: 512
Default Re: Another Way to Grow Your Virtual Assistant Business
What would your suggestions be to the VA's that might be interested in sub-contracting for another VA who has a multi-VA business. I've had other VA's email me introducing themselves but since I don't use subcontractors or have the work for them I just send a polite email stating that. To those VA's that do use subcontractors is this a good way to make intial contact?
__________________
Deb Frawley
Gem's Virtual Office
Reply With Quote
  #10 (permalink)  
Old 09-18-2008
Rita's Avatar
New Member
Company name: RJ's Word Processing Services
 
Join Date: Aug 2007
Location: Oceanside, California
Posts: 23
Send a message via MSN to Rita Send a message via Yahoo to Rita
Default Re: Another Way to Grow Your Virtual Assistant Business
Thanks everyone for your comments. I'm glad my article generated this discussion. In my opinion, multi-VA companies have a team of VA's. They are not employees or partners. It is strictly a sub-contracting arrangement. The VAs on my team are business owners as well. Sub-contracting with me is extra cash for them. However, my goal, also, is to outsource everything and just do marketing.

Once again, thanks everyone and keep up the discussion.
__________________
Rita Cartwright, Owner
RJ's Internet Marketing Services
Reply With Quote
Reply

Tags
entrepreneur, multi-va, outsourcing, subcontractor, virtual assistant

« Previous Thread | Next Thread »
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

Forum Rules


All times are GMT -4. The time now is 01:26 PM.

Virtual Assistant Skills Training
Project Management for Virtual Assistants
Virtual Assistant Forums Advertising
Virtual Assistant Forums Advertising
[Click here to read our reviews.]
Virtual Assistant Interview
Featured VA websites:

D. Victoria Virtual Assistance

Optim Office

Rachels Office Support
Virtual Assistant Forums Advertising
Affordable Logo Design
Dawson Documents - Virtual Assistant
Virtual Assistant Forums Advertising
VAF Community:
themarketking bobkee socialmediagirl SOSAdmin MissMichelle RayvinNyte elian kalxen DiamondVA Chatlyn ipifa Virtual Assistant becki InTraining Virtual Assistantville Directory mandarenee625 kelli050 AVirtualResource Barb's VA Company hbplifestyle Sue's Virtual Office kdsellers
[Click here to join!]
[Click here to read our reviews.]
Virtual Assistant Forums Advertising
Virtual Assistant Forums Advertising
Virtual Assistant Forums Advertising
Virtual Assistant Forums Advertising
Virtual Assistant Forums Advertising

© Virtual Assistant Forums 2010
All content and images are protected under copyright law and may not be reproduced in any way without express written consent.