I didn't think about all those details. Thank you for the information. I need to do some re-calculating!

This is so helpful for me to figure out what I should be charging!! I am also doing some local research to see what is reasonable in my area so I can find a good compromise.

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Christie Pate

This is very valuable information. Thanks for sharing

Wow! That calculation and explanation really puts it into perspective. Makes me really think about what rate(s) I should charge and to make sure I'm not cutting myself shorty by offering lower rates.

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Sammie
Business Management & Human Resources Consultant

Very detailed explanation of how rates should be structured!

I am not sure that some aspects have actual application in my country (where there is no legal framework for virtual work and it's nowhere recongized as a job), but overall it's something that with a bit of alteration could definitely work for many non-us citizens.

Thanks for sharing !

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Anna Kourteli - Owner & Solo VBA Professional
Sui Generis Business Sevices -when credibility matters

This is very informative! I am working on calculating fees and expenses for my own business and your budget is a tremendous help.

Is a 30% profit a realistic expectation for a new VA? I guess it depends on the market but if you're competing with markets that offer services at a much lower rate are there any suggestions out there?

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Chelsey Washington
Payton Jade Productions, www.paytonjade.com

Great post with a great perspective and breakdown for real world application.

Thanks!

This is a great tool and very helpful. I never took all of these equations into consideration. Thank you so much for sharing.

This is very helpful for a new VA! Thank you!