Virtual Assistants – Recession Busters?

August 23, 2008 | 1 Comment

If your business is experiencing a slow down and you are cutting back, you should know a few things.

    1. There will be less competition now for people that were spending a lot on SEO and web development. This is a perfect time to start building a higher web profile.
    2. Rates are down – Many new people are becoming virtual assistants because of being downsized. You may be able to get a really great rate on a virtual assistant to write for you while you focus on sales.
    3. Downsizing may be good – Even if you do not have to let people go, it may be a good time to cut positions that are not paying for themselves and hire virtual assistants and contractors to fill those positions on an as-needed basis.
    4. Don’t just hire virtual assistants. Maybe the economic slowdown means it is time to become a virtual company. Imagine less utilities, no lease and a write off for your home office.
    5. Monthly Performance Concerns – A contractor or virtual assistant is going to be concerned each month with demonstrating value because they want to have more work next month, and maybe even some referrals. Many employees expect to have a job until they find out otherwise.

    When you hire a virtual assistant, you should pay as much attention defining their tasks and training them as you would an employee in your organization. If you do that, you are going to reap big cost savings and get more work done.

    During a time of recession it is also a great time to strengthen your position on the web and gain market share and search engine dominance.

    Posted by Ron McDaniel | Filed Under Blog 

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