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 soap box <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?
Try my Rate Calculation Sheet to find out. You can get immediate access to it by joining my free VA Training Source here.
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+
- Specialized Skills – $50+
- Email Marketing
- Project Management
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.
I’d love to hear what you think. Please take a moment to leave a comment below and share your thoughts and questions. Or, feel free to share what you learned from this blog.