Thursday, 12 January 2012

Virtual Assistant (VA) Business

Overview of a Virtual Assistant Business:

The Virtual Assistant (VA) industry is growing fast and becoming a popular for those who want to run their own home business to get started - usually by doing the things they have done well in the past for prior employers. It's a business that lends itself to low startup costs and one that can be started on a part-time basis. In short, this is an area that is seen as trendy with a good deal of growth potential.

Pros of a Virtual Assistant Home Business:

  • You can start your business with very limited funds.
  • You can use the same skills you have used in the past for prior employers and then expand your offerings or specialize.
  • The Virtual Assistant industry is growing rapidly and demand is expected to remain strong.
  • Income potential is strong. Typical virtual assistants charge from about $35 to $75 per hour, depending on the type of services offered and/or the skill level of the virtual assistant.
  • You have a fairly high level of control over which hours you work and how many hours you work each week.

Cons of a Virtual Assistant Home Business:

  • Finding initial clients may be a challenge, as it would be with any business, but the challenge can be met by using creative marketing techniques and through networking by joining a VA group, introducing yourself and offering your sub-contracting services.
  • As your business grows, it's likely that your equipment needs and expenses may also grow.
  • Like any home business, you are responsible for paying your own taxes, securing your own health insurance, etc.

What You Need to Get Started as a Virtual Assistant:

  • A good Website in place that showcases your services and talents.
  • A good idea of who your potential clients will be, how best to reach out to them and what products they're looking for. Since the industry is relatively new, many of your prospects won't know what a virtual assistant is, or how you might be able to help them.

Home Staging Home Business

If you have an eye for interior decorating and want to run your own money making home business,a home staging business can provide a great, low-cost start up opportunity for you and it's a great home business to start part-time on weekends while you're still employed.
A recession or down economy can often mean a real estate market flooded with homes for sale, including homes held by banks and mortgage companies in foreclosure. A home stager can show clients how to make their homes stand out from the competition and get it sold more quickly. Real estate agents and home lenders may also be fruitful contacts for anyone engaged in this type of recession resistant home business

Medical Billing

A medical billing career could be very promising, either as a home business or a work from home medical billing job. Medical billing and coding lends itself well to working at home, and many in the medical billing and coding profession have been able to do just that, either by setting up a home business and working for themselves with independent physicians as their clients, or by working from home in medical billing jobs with larger health care firms that make and track medical billing work assignments electronically.
In a tough economy, medical providers still need to handle their billing and health care is generally seen as an industry that's highly resistant to recession and has strong money making potential.

Internet Marketing Services

Internet marketing services are in high demand in an industry that is growing by leaps and bounds. Anyone who has an online business presence needs to know how best to effectively market their website on the Internet and most will consult an Internet marketing firm for assistance. That's where the independent Internet marketing specialist comes in.
As small business owners look for ways to build traffic and increase sales in a tough economy, a knowledgeable Internet marketer can help them gain a strong return on investment using very cost efficient means, which makes this a potentially recession resistant business you should include with any money making ideas you might be considering.