Policies and Procedures

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

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Old 07-28-2009
Essential Essential is offline
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Default Re: What are your most important business policies?
My main policy is to have a signed contract and a deposit from the client before any work is executed. The contract itself gives the specifics regarding payments, late payments and penalities, hours of operation, and the specifics of the work to be done.

I had a client recently who felt that he could call at 9:00 at night and on the weekends. In other words at his whim. He had signed a contract, but had not actually read it! My hours of operation were clearly outlined in the contract.

Don't be afraid to set and enforce business boundaries!
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Old 07-28-2009
VBPartners VBPartners is offline
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Default Re: What are your most important business policies?
Mine are:

1-Signed contract and deposit received prior to start of working relationship.

2-Anything that is 'specialized' needs to be in writing.
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Old 07-28-2009
secondself secondself is offline
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Default Re: What are your most important business policies?
I work only with Contracts and Retainers. I resisted this practice for a long time but since embrasing it have not suffered the past due issues with clients; because they pay in advance.
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Old 07-28-2009
GalFriDee GalFriDee is offline
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Default Re: What are your most important business policies?
I'm just getting started, too...but I have a separate cell phone & number for my va business. With my verizon service, it is only $9.99 on my personal service.

These are great ideas, thanks!
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    #35 (permalink)  
Old 08-10-2009
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Pattyben Pattyben is offline
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Default Re: What are your most important business policies?
Great information to use in my business. Appreciate the points given by all. Deposits should be required. If we haven't worked for the client before, it is good to get a deposit up front and clearly outline your payment policies and late fees.
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Old 08-10-2009
LongIslandVA LongIslandVA is offline
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Default Re: What are your most important business policies?
I agree with all of these points. Contracts and retainers will go along way against those who will try to take avantage. Boundaries are so very important and an exact outline of your availability is essential.
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Old 09-19-2009
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Tess Tess is offline
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Default Re: What are your most important business policies?
This thread has developed into a really useful and interesting conversation - thanks to all who have replied so far... I'm looking forward to seeing more thoughts and opinions added here!
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    #38 (permalink)  
Old 09-20-2009
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agough agough is offline
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Default Re: What are your most important business policies?
I am just starting out but as I am planning the three that come to mind that I feel are going to be most important for my success are:
1. Signed contract (I know from being in the corporate world how important this is. It avoids any misunderstandings later)
2. Once I nail down my billing policy I am going to stick to it so that the client expects it when it is due and it isn't just something I do when I get to it.
3. I am going to try for no work or limited work on the weekends. This is my time with my family and that is very important to maintain a happy household.

Thanks for posting the question Tess.

Amy
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Old 09-20-2009
catfive catfive is offline
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Default Re: What are your most important business policies?
This is good information. In lieu of a ton of clients right now I am trying to put together my business structure. If you get as much in place as you can in the beginning and then follow your own rules I think you will be ahead of the game!
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Old 09-21-2009
SavvySolutions SavvySolutions is offline
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Default Re: What are your most important business policies?
WinslowGirl,
What is your "late payment policy"? If you wouldn't mind sharing I am in need of some more set in stone policies

Originally Posted by winslowgirl View Post
Mine..

1. Signed contract--wow, how important is this and I don't work without it.

2. phone calls-- I don't answer calls without having an appointment either. My time is precious and phone calls can drag on.. so if the client wants to talk with me, it needs to be planned.

3. Deposits--I require half of the 1st invoice upfront. Also my late payment policy has saved me several times.. I have it on all my invoices very clearly.
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