What Do I Charge For My Services?

What Do I Charge For My Services?

What do I charge for my services?

I get this question weekly from people either thinking of starting a Virtual Assistant business or someone who has landed their first client and has no idea what to charge.

Now, in my honest opinion, you should know what you are charging for your services BEFORE you get your first client.

The problem with waiting until after you’ve landed them is they can see you scrambling around trying to figure it out or they can sense that you don’t quite have it all together yet. Not a great way to start a relationship.

This is why I’m always saying you need to have your business foundation in place before you start taking on clients.

Sorry… getting off my soapbox <grin>.

Back to what do you charge for your services.

First, what you charge is directly related to your skills & the services you offer.

Regardless of what you may have been told, it takes more than administrative skills to be successful as a Virtual Assistant.

The more technology you know, the more you can charge and the easier it is to get clients.

The more experienced you are, the more you can charge!

Second, you need to know your numbers.

What numbers, you ask?

How much you NEED to earn & how much you WANT to earn. (These numbers should be different, in some cases vastly different.)

Do you know yours?

This number is your baseline number – the amount you must earn in order to keep the lights on.

I create a YouTube video series on pricing and setting your rates. It goes into detail about how to find your baseline rate using my Rate Calculation Sheet Template.

I recommend watching at least the first two videos, as it goes thru the exercise of figuring out how much you need to earn using my Rate Calculation sheet.

You can download the Rate Calculation sheet by clicking on the image below.

I’d hate to see you undercharging for your expertise and having a hard time paying your bills because you followed advise from someone saying if you’re confused or don’t know what to charge start at $25 an hour!

There are people teaching this CRAP. 

Don’t follow this BAD ADVICE.

Do the work to find out your baseline rate and start there. 

Also… stay away from asking people on Social Media how much you should charge. They don’t know your numbers – you are the best person to decide what you should charge.

Third, what services are you offering?

What is the market willing to pay for those skills?

Here are average rates by type of service in US Dollars. Please note these rates are NOT guaranteed and are to be used as a guideline. (The more experienced you are in an area, the more you can charge.)

  • Administrative Skills – $25+
    • Data Entry
    • Calendar Management
    • Email Management
  • Technical Skills – $35+
    • MailChimp
    • 1ShoppingCart
    • LeadPages
  • Specialized Skills – $50+
    • Email Marketing
    • Project Management
    • Operations

What services are you offering?

Once you’ve completed these exercises (how much you need to charge & your services), it’s time to create your Action Plan for getting clients & getting busy.

What do you think?

Feel free to post below and let me know what action you’re taking today to figure out how much you need + want to earn.

I’d love to hear from you.

All comments + questions are welcome.

If you know someone who might benefit from this information, please share. You can use the share buttons below the post.

HERE ARE A FEW RELATED BLOG POSTS THAT MIGHT BE OF INTEREST:

  1. Setting Up A Virtual Assistant Business
  2. Day to Day Operations + Systems
  3. How Many Clients Do I Need
  4. Interviewing Potential Clients
  5. Video Series on Setting Rates

If you’re looking for more details on how to start or scale your VA business including how to specialize by learning in-demand skills, join my FREE VA Training Vault. You’ll get instant access to how-to video training for Virtual Assistants that want to create a successful business.

Thanks for reading – Susan

Don’t forget to leave a comment if you found this information useful – I’d love to hear from you!

Starting a VA Business

Starting a VA Business

Where Do I Start?

Are you still thinking about becoming a Virtual Assistant but you’re a little hesitant because you don’t know where to start? Do you think you have the skills and the mindset all in the right place, yet you can’t find that first gear to set the wheels in motion. Fear not! We’ve all been there when we started our own VA business, so you are not alone.

Here’s a secret…The most important question you can ask is:-

“Where do I start?”

Already you have found first gear and you’ll quickly find out how smoothly you move into second, third and so on. By reaching out to other Virtual Assistants for their guidance you have just given your business a huge boost because the wealth of knowledge that will be shared with you will be amazing.

It’s also important to keep in the habit of asking questions. Nobody will ever think you are silly, annoying or a pain in the rear end. Instead, you will be giving others an opportunity to showcase and share their knowledge and prompt a thought to those that have not yet considered that element of their business.

Questions get you further in life and as good ol’ Dr Seuss once said:-

“Sometimes the questions are complicated and the answers are simple.”

So get out there and ask the ‘most important question’ you will ever ask in your VA business, and if you want to get in touch with me to ask it directly, I would love to hear from you. I have plenty of answers to share.

What do you think?

I’d love to hear your comments. Please take a moment to leave me a comment and share your thoughts.

Please share if you know someone who might benefit from this information. The share buttons are below the post.

If you’re looking for more details on how to start or scale your VA business including how to specialize by learning in-demand skills, join my FREE VA Training Vault. You’ll get instant access to how-to video training for Virtual Assistants that want to create a successful business.

Thanks for reading!

Enjoy your day – Susan

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