Basic Tools for budding VAs.
Becomming a Virtual Assistant is an exciting and interesting journey. Taking the time to develop your own business, taking the initiative to be your own boss - it can be quite intimidating. But the rewards can really be so wonderful.
Although I have seen many websites which claim to have all the answers about setting up your VA business with their significantly priced 'VA Packages' and so on, I believe that there are many resources to assist you that do not cost money to look at, and allow you to make sensible, educated decisions.
And thats what this page is all about - let me know if you think anything else should be added. Best of luck with all of your business endeavours!


 
 

Setting up a VA business.

 
 

What is a VA anyway?
Much debated, the term 'Virtual Assistant' has quite a few interpretations.
The IVAA states that "A Virtual Assistant (VA) is an independent entrepreneur providing administrative, creative and/or technical services. Utilizing advanced technological modes of communication and data delivery, a professional VA assists clients in his/her area of expertise from his/her own office on a contractual basis."
Personally I think this is a good definition as it does not limit your VA business to a regulated set of rules, allows you to develop your VA business to best compliment your skills, and highlights the basic concept of independent entrepreneurs supporting other businesses with a variety of skills.

1

I have the idea, what next ?
Sitting down and making a list of the following can help clarify where you are, or want to be, heading:
Skills/Services you want to offer;
Skills/Services you can offer;
Strengths/Weaknesses (and how these may affect your business venture);
Availability;
Goals - why do you want to do this?

A wonderful online page to visit is at the ATO business portal "starting a business' which includes checklists to help you get started.

2

Why do I have to worry about all this?
You may have noticed that there are many Networks available that you can join - you may ask yourself, why do I have to worry about all this? Can't I just sign up?
Every VA Network I have come across requires you to be independently set up as a service provider. This could be as little as simply having an ABN (in Australia) and a trading name. They generally will not, however, provide you with work as an employee. They will put you in contact with a potential client, and from there on in, it's up to you to ensure that the service is provided professionally, invoiced and paid for, and followed up. If you are going to provide services to other businesses under your own Trading Name (which is a minimal requirement) then you would be wise to ensure that you know what your legal obligations are, and have a clear idea of how, what, when and why.

3

So how do I get an ABN and a Trading Name?
This part is easy - although coming up with a business name is not always so easy!
Simply visit www.abr.gov.au and apply for an ABN - you will need a TFN to do this. If you need a Tax File Number visit the TFN Entry page.
Once you have an ABN you can apply for a Trading Name (which can be as simply as your own name). Go to the Government Business pages to check availability of names and to register.

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