Policies and Procedures

Discuss the importance of policies and procedures in your virtual assistance business.

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    #21 (permalink)  
Old 08-07-2008
i-assistant
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Default Re: What are your most important business policies?
I use evoice, pay $4.95 per month for a number that is used on my website and for business cards. Calls go directly to my email and I can listen when available -- protects my time and privacy until I want to give out my number. They have other options for higher rates, but this works nicely for my present needs.

Sharon
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Old 08-07-2008
bfergi bfergi is offline
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Default Re: What are your most important business policies?
Hmm...

Interesting answers. Raises a few questions for me...

Anyone want to explain their policies a bit more? Is a signed contract really that important, does anyone have examples as to why? One response stated they did not use contracts because of their payment plan...what does that mean?

Don't answer the phone? HOW? I am flabbergasted. Truly. I thought the phone was the lifeline. Hm...maybe I am just really good at multi-tasking? I talk on the phone and do all kinds of other stuff at the same time (alphabetizing, typing, filing). I will probably go with the not answering my phone "after hours" though.

I am definitely staying away from "quotes" as I mentioned my "new business" to a friend and that I would still be able to "pay" myself the same wage I make at work...she asked me to do a job and it wasn't realized by me until afterwards that she thought I would work for $15/hr for the job...so I cut her some slack on the invoice and told her misunderstanding. bye-bye $45...

I like the progress report idea, think I will have to do that. My sister and I do this back and forth so that we know what we are working on and where we are (still putting it all together, but it is a good habit to start now, especially since we work together over 3000 miles apart!)

One per week - one new lead per week or one new cool tool/software/website that I can use or share with my clients. Not a hard goal to keep up with. I think I will be changing this to one lead per week once I really get rolling. For now, I am trying to keep my head above water. Just getting everything in place, website, business cards, contacts, and already got my sticky fingers in the pie (could not turn down a client, this was before I figured out the "name").
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Old 09-30-2008
BayAreaVA BayAreaVA is offline
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Default Re: What are your most important business policies?
Now I know whats important with my business. Going to tweet my list a little
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    #24 (permalink)  
Old 10-23-2008
DRuffin
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Default Re: What are your most important business policies?
1. Customer Service. I make it a point to answer any calls coming from clients. If unable to answer the phone, they know to leave a message or email me. I respond ASAP.

2. Relationship. I strive to develop a genuine rapport with my clients. Upon signing them on, I get their birthday and anniversary dates in order to send those cards along with holiday cards. For me, business is no longer transactional - its relationship based. This has retaining power.

3. Accepting credit cards. My clients, retainer and project, who utilize my services have given me their credit card numbers to keep on file. Once I send them my invoice with a detailed time report attached, I ask for them to review and approve. If I do not hear from them within 48 hours as per the contract, I bill accordingly. Most often, they respond with authorization approval. I then bill, mark the invoice as paid and send a copy of the paid invoice to them for their records. I am paid within 3-days after invoice.
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Old 12-10-2008
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MondayMorn MondayMorn is offline
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Default Re: What are your most important business policies?
Although not official as of yet the policies I'm working on that I feel are most important are as follows:

1. Rights and Responsibilities - what I expect of the client and what they can expect from me.
2. Payments - initial deposit, final payments, NSF and late fees
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Old 01-04-2009
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dognose dognose is offline
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Default Re: What are your most important business policies?
Originally Posted by Tess View Post
My own most important policies include:

-Late payment policy- (I bill on net 14 and anything later is penalized, and again if not paid by 30 days. After that it's another story)

-Deposits- *every* new client makes a straight $500 deposit for any major or ongoing project that I hold against their final invoice or 6 months, whichever comes first and/or makes sense based on their payment performance.
Hi Tess,

At this point, I only dream of a $500 project, but what do you consider a major project? In hours.

Thanks,
Lezly
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Old 07-13-2009
hojo1021 hojo1021 is offline
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Default Re: What are your most important business policies?
Hi everybody

I really appreciate all of your ideas, it helps me as a newbie what policies I should put in place. Here are mine so far:

-I always answer phone calls from clients
-I have two monitors and keep one open for my email, as soon as I see an email come in from a client, I respond ASAP

-Holly
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    #28 (permalink)  
Old 07-13-2009
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CMB Virtual Assistants CMB Virtual Assistants is offline
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Default Re: What are your most important business policies?
Wow! I got some thinking to do....especially around payment and late payments. Thanks everyone for your great ideas and help.

Pamela
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Old 07-28-2009
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wiemergal wiemergal is offline
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Default Re: What are your most important business policies?
This is an awesome thread. Thanks everyone for sharing this. I working on getting all this pulled together. I am unable to answer calls outside of the time I set aside for my business because of my full time job. But will answer customers asap when they contact me whether it is by phone or by email.

Robyn
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    #30 (permalink)  
Old 07-28-2009
Julie Shallow
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Default Re: What are your most important business policies?
These are fantastic ideas! Especially limiting phone calls unless scheduled.

One of my top 3 policies will be satisfaction guaranteed, but this thread has made me think through how exactly that will work.
Ideas?
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