Business Management articles: tips, advice, ideas, strategies & solutions
Follow us at

Subscribe to our Business Management Articles Feeds


Feeds

What's this?

Home > Business Management

Virtual Professional

Tweet This
thumb it up Fran McCully
A Virtual Professional (VP) is an independent entrepreneur providing administrative, creative, and technical services. Utilizing advanced technological modes of communication and data delivery, a VP assists clients by using personal expertise and working from his/her own office on a contractual basis. As a business owner, you will not incur all of the overhead expenses associated with an in-house employee such as office space, equipment, taxes, health insurance, sick leave, and vacations. By hiring a VP, you only pay for the actual hours on task.

Virtual Professionals are trained professionals capable of handling a wide range of tasks from full-charge bookkeeping to day-to-day bookkeeping and invoicing, entering data, designing web sites, handling human resources activities, completing general administrative tasks and managing projects. If you are a business owner who needs assistance managing your work flow; are overwhelmed processing administrative tasks; and are challenged by the never ending "to do list" that keeps growing and need support in getting things done more efficiently and effectively, you need a Virtual Professional.

For many companies, Virtual Professionals have become a fact of life for small to medium size businesses and corporations. Regardless of size, businesses are tightening their budgets and cutting expenses where they can, some are letting go of non-essential employees and others are cutting back on supplies, equipment, and new directions for their company. They still need support, however, as they weather the crisis their company and the country is in.

Most business owners would agree that they could use 10-20 extra hours in their week to free them up to do more of the things they love to do and do best. Working with a Virtual Professional, owners can hand off the tasks they like doing the least or that are not profit-making to an outside skilled expert for a fraction of what it would cost to hire an in-house employee.

The most common reasons businesses and corporations choose to outsource their bookkeeping and administrative processes are to reduce operating costs, improve company focus, and improve quality. Outsourcing to VP's has become an accepted business tool worldwide. By turning over business processes to companies that consider these tasks their core competency, businesses and corporations can effectively become more profitable, more efficient and far more competitive.

Virtual Professionals are contract employees. Business owners pay the agreed upon fee, and the VP's are responsible for all of their own costs. With a VP, you will never have to pay for:

• Employee Benefits
• Vacations, Holidays, or Sick Leaves
• Taxes: Payroll, Social Security, Medicare, Unemployment
• Workers Compensation
• Employee Personal Downtime: Lunch, Breaks, and Personal Issues
• Additional Office Space, Equipment, or Training
About the Author:
Fran McCully Your Administrative Solutions www.youradministrativesolutions.com www.quickbooksadministrativesolutions.com www.expertquickbooks.com 208-877-1736 Office fran@youradministrativesolutions.com Setting Business People Free Partnering with small business, micro companies, solopreneurs and individuals to reduce your workload, grow your business, and boost your profits, all while saving YOU money!
 

 

No. of Times this article has been viewed : 157
Date Published : Oct 31 2009

Most Recently Published Business Management Articles as of

Nov 20 2009    Elements of a Good Business Letter

by BMA Editorial Team

The essentials which go to make up a good business letter may be divided into two classes - mechanical make-up, and contents. Read on to learn more...

Nov 20 2009    Outsource Software Development for Significant Savings

by BMA Editorial Team

Since companies benefit from outsourcing, you would want to consider outsourcing to also be part of your company. However, you first have to know and fully understand how it can help your company and why this service is so in demand in the business world today.

Nov 20 2009    Establishing a Business Identity is Key to Success

by BMA Editorial Team

Taking the time to establish or develop a solid business identity will guarantee a more effective and profitable relationship with the public. It is what the law requires, the public expects, and a goal worth achieving.

Nov 17 2009    Finding Business Success in the Details

by BMA Editorial Team

Whether you have an online business or a brick and mortar, you have to pay attention to the details to find success.

Nov 17 2009    Effective Decision Making in Business Management

by BMA Editorial Team

Taking decision is always a risk. Time, money and other resources will be used as a result of a decision. In business management, taking decisions is one of the toughest jobs.

Nov 17 2009    Women Entrepreneurs and Their Greatest Starting Lineups: How to Hire a Champion Team

by Michele DeKinder-Smith

As a business owner, hiring a team can mean several different things. It can mean delegating, sharing and expanding. It may also mean balancing several personalities, keeping tabs on what everybody's up to and making sure things get done without micromanaging. So how do women entrepreneurs do it?

Nov 17 2009    Is Your Timing Keeping You From Being Successful In Your Business? Part 3

by Michele Pariza Wacek

There's a reason why product launches work and there's a reason why you reach more people (and make more money) if you control yourself, don't race through it and do it right. Here's why.

Nov 16 2009    SWOT Analysis- To Make Your Business More Profitable

by BMA Editorial Team

SWOT Analysis is a well-known method for describing a business or business propositions in terms of those factors that can have the maximum impact. The business owner does this analysis in order to improve the current position of the business.

Nov 16 2009    What You Should Look for When Hiring a Business Plan Writer

by BMA Editorial Team

Hiring a business plan writer has a number of benefits, including helping you to clarify your business expectations and making it easier to find financing and other support for your company.

Nov 9 2009    Performing Effective Collection: Make Sure that Your Customer Pays the Bill

by Adeline Mary

Getting paid is the toughest part to accomplish and it is the crucial phase of running a business. Especially during extenuating circumstances like a recession, most businesses are faced with a major disaster with debts not getting paid back by their customers.

Nov 6 2009    Buying a School

by Ronald White

Seldom thought of as an investment, private occupational schools can be a rewarding business for owners. This article analyzes the investment and provides due diligence and administration tips for owners.

Nov 6 2009    Does an Applicant's Education Predict Job-Related Intelligence?

by Michael Mercer

This article discusses the issues of pre-employment tests, intelligence and education as prediction for job success.

Nov 6 2009    Hiring a Winning Team: How Three Types of Women Entrepreneurs Put it Together

by Michele DeKinder-Smith

When it comes time to hire a team to implement a business' game plan and strategy, the business owner often has to have in place her own system for creating a team that will not only carry out what she wants, but will complement her unique style and mindset.

Nov 5 2009    Why Plan Anything?

by Colin Fell

Planning is simply a means to an end, with the aim being to influence the future by acting in advance. A sound business plan ensures that all key decision-makers have a solid understanding of the business, common fact base, and agree on important assumptions.

Nov 2 2009    Useful Benefits of Business Credit Card for Small Business

by Pamela Williams

Are you applying a business credit card for your small business? First, maybe you should try to look the best advantages that you can get a small business credit card.

12345678910...
Search for ebooks on Management & Business