Policies and Procedures Discuss the importance of policies and procedures in your virtual assistance business.
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What are your most important virtual assistant business policies?
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07-28-2009
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New Member
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Join Date: Jul 2009
Location: Atlanta, Georgia
Posts: 29
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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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07-28-2009
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Contributing Member
Company name: Virtual Business Partners, Inc.
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Join Date: Jun 2009
Location: Fort Myers Florida
Posts: 101
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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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07-28-2009
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New Member
Company name: Second Self Virtual Assistance
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Join Date: Jul 2009
Location: kingman, AZ
Posts: 1
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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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Pamela Cendejas
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07-28-2009
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Contributing Member
Company name: GalFriDee
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Join Date: Apr 2009
Location: Delaware, USA
Posts: 81
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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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08-10-2009
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Contributing Member
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Join Date: May 2008
Location: Clarkesville Georgia
Posts: 57
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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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08-10-2009
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Contributing Member
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Join Date: Jul 2009
Location: East Yahank, NY
Posts: 102
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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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09-19-2009
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Founder, Virtual Assistant Forums
Company name: Virtual Assistant Forums
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Join Date: Apr 2007
Location: Portland, OR
Posts: 9,751
Blog Entries: 35
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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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09-20-2009
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Contributing Member
Company name: TAG Virtual Office, LLC
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Join Date: Sep 2009
Location: Valrico, Florida
Posts: 139
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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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09-20-2009
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Contributing Member
Company name: Virtuality
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Join Date: Aug 2009
Location: United States
Posts: 192
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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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09-21-2009
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Contributing Member
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Join Date: Sep 2009
Location: Indianapolis, IN
Posts: 61
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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
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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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