How much does a virtual assistant cost to help run your company?

How much does a virtual assistant cost to help run your company?

So you are thinking about hiring a virtual assistant for your business or personal life, but you do not know where to start. You start out by looking around through websites to see what experiences others have had and already have started forming ideas on what type of tasks that you would want a virtual assistant to help you with. But at the end of the day, the big question that comes to your mind is ‘how much is this going to cost me?’. The idea of hiring an assistant to lend you an extra set of hands sounds like it would cost you an arm and a leg, but the good news is that it is much more affordable than you might think! Before you start laying out a game plan and a budget, you should ask yourself these questions first.

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Do I want a short term or long term assistant?

When initially planning out how you would like to utilize a virtual assistant to help you out, it’s important to know if you want an assistant to do a task on a routine basis, or if the tasks that you will be assigning to them are one time only. We here at Byron can offer clients an endless amount of services that can benefit any business small or large! To give you an idea, some of the tasks a short term assistant can do for you are

  • Organize a large set of data from a variety of documents

  • Transcribing a recording

  • Create a presentation slideshow from relevant information provided

  • Research

And some of the tasks a long term assistant can assist you with are

  • Managing an email account

  • Posting and updating various social media accounts

  • Creating weekly reports

  • Bookkeeping responsibilities

(For more idea’s check out the most productive tasks to outsource)

The cost associated with these type of tasks is dependent on the total amount of time that an assistant will need to spend completing it. When making a budget to dedicate towards a virtual assistant it’s important to think ahead about how much time per month you will be willing to spend on having an extra set of hands ease some of the responsibilities off of you. If the task you need done only adds up to a small amount of hours per week you may find that it’s entirely worth getting a virtual assistant to handle as the overall cost will be substantially less if you were to hire one of your own employees to do the same job.

What do I want to accomplish with my budget?

When you are operating a business, every dollar spent needs to accomplish something. If you want to succeed you need to find every way possible to stretch your money in order to maximize profits. Allocating any sum of money towards a virtual assistant is a worthwhile investment as long as you have a specific goal in mind when spending that money towards hiring an assistant. With Byron, you may find that a few hundred dollars could end up saving you a few hundred hours of work every month.

Can multiple people within my company also utilize virtual assistants?

The relative cost of hiring a virtual assistance service for your business can be beneficial not only to the person who is thinking about hiring one for their own needs, but for those across your business as well! Always consider that for all the possible uses that you can come up with for a virtual assistance, someone else who you work with might also have a magnitude of other ideas about how they could utilize an assistant service to streamline their work. The cost of a virtual assistant service is minimal when you can utilize their assistance across all of those within your business who have small tasks that take up time during their day.

Will the cost of hiring a virtual assistant really be worth it?

The answer to this question is almost always yes. A virtual assistant will always be a cheaper and more appealing alternative to hiring an employee for your company because they will only work when you need them to work. Sometimes you just need some extra assistance on a heavy project or need specific tasks done on a consistent basis and for this, a virtual assistance pays for themselves very quickly when you compare how much it would cost a business to utilize one of their own employees to perform the same tasks.

What is the cost advantage of a virtual assistant versus a real assistant?

If you are considering hiring an assistant to work for your business full or part time, there are a lot of factors that you have to consider that make it not worth it at all when you are aware of virtual assistant services such as Byron. Hiring another employee for your business has a lot of extra hidden costs that a virtual assistant does not have. You will only pay a consistent rate for your virtual assistant and pay by the minute, whereas with an assistant you hire for your business you will need to pay by the hour and prearrange with them on when they need to come in and what hours they can and will work. Those costs can add up quick and there can be down times where you are paying a real life assistant to be there when they aren’t needed. With Byron, they work when you need them too and you only will pay for the time that they are working.

Virtual assistants are a revolutionary way for business to get the assistance they need without blowing their budget on hiring additional staff that aren’t necessary all the time. We here at Byron strive to bring you the best quality virtual assistants at costs that won’t bankrupt you. With our lowest price package starting at $75 for 3 hours of assistant time per month, economically there is no reason not to try it out and see how much time you can save by utilizing our services. We work tirelessly to bring you the best assistants in the industry so reach out to us if you are considering bringing us in as a part of your team!

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