Business Management articles: tips, advice, ideas, strategies & solutions

WOODRIDGE

Business Management Articles

Follow us at

Subscribe to our Business Management Articles Feeds


Feeds

What's this?

Home > Business Management

Virtual Professional

by: 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!
thumb it up
 

 

No. of Times this article has been viewed : 201
Date Published : Oct 31 2009

Most Recently Published Business Management Articles as of

Feb 9 2010    Warning: Be Careful Who You Hire

by BMA Editorial Team A

And, yes, if someone does not work well with you fire them immediately because they are not who will bring your dream to the next level. Relationships are the key to all partnerships and if it ain't working from the start, it never will.

Feb 9 2010    Keepers of the Truth

by Rebel Brown

Our audiences put their money where their beliefs are. Since those dollars represent the success we seek - let's follow them instead of our own assumptions.

Feb 3 2010    Hiring Procedures: Avoid These 7 Big Mistakes

by Annette Estes

Making these seven mistakes can keep you from hiring the right people. Don't base hiring decisions primarily on the job interview if you want to hire superior performers.

Jan 28 2010    How to Beat the Recession

by BMA Editorial Team A

It's no use waiting for the economy to turn around. Here and now, there's no such thing as the economy. There's only your business and your customers.

Jan 28 2010    How to Accelerate Organizational Performance and Improve Job Satisfaction

by Greg Smith

The new realities of this economy have challenged business executives at all levels. Uncertainties about the economic recovery, increasing government involvement, rising health care costs, and the motivation of the workforce have placed management in a complicated and tenuous situation.

Jan 27 2010    Customer Surveys - Satisfaction or No Satisfaction, What are the Questions?

by Colin Fell

This article shares some information about the importance of surveys and statistics in understanding your customers, and how well you're delivering it.

Jan 26 2010    Little White Lies

by Rebel Brown

Little white lies become dirty little secrets.

Jan 26 2010    Some tips to help avoid destroying your company's long term value

by Jim Stewart

Economists are trying to figure out how long and how deep this recession will be. As a business owner I think they're missing the point. The point is that this recession will come to an end as every one before it has done.

Jan 25 2010    Problems for offshore manufacturing

by Jim Stewart

No strategy can confer advantage forever, regardless of how disruptive or earth shattering it is when first used. And it's often events beyond the control of the company employing the strategy that reduce, or eliminate, the benefits it offers.

Jan 25 2010    4 Key Ingredients of High Performance Companies

by Jim Stewart

High Performance Management which, like golf, looks easy and isn't and requires a number of things to work together simultaneously. Get one wrong or out of synch with the others and the result will not be what you intended - in fact it could be quite the opposite.

Jan 25 2010    4 Reasons why every Company should be Sold

by Jim Stewart

I've always believed that, on a day-to-day basis, most owners are more concerned with making the year's profits goals than the value of the business as an asset. But it had never really occurred to me that anyone would not consider selling either for the right offer or when they're ready to retire.

Jan 22 2010    How Business Owners Can Enjoy Luxury Of Their Own Wealth

by BMA Editorial Team B .

It seems rather unnecessary to say that important steps should not be taken without careful consideration, but experience shows that such steps are often taken from caprice or without serious thought.

Jan 22 2010    Is Starting A Nutrition Business Now A Brilliant Idea?

by BMA Editorial Team B .

It's a fact that health, wellness and nutrition are the biggest booming markets in the world today. Everyone is just starting to be more and more health conscious and people are in search for that solution to keep their mind and body fit and strong for as long as possible.

Jan 21 2010    10 Items or Less- How to Use the Customer's Demand for Fast Service and Convenience

by BMA Editorial Team A

Figure out how to create your own '10 Items or Less' convenience for your customers. Your sales and profits will increase.

Jan 20 2010    Why Priority Is A Key To Work At Home Success

by BMA Editorial Team B .

The need for discipline in a work at home job is essential to the success of the business. After all an individual can't do their job efficiently if they're playing at the Atari arcade online or catching the latest judge show on television.

12345678910...
Search for ebooks on Management & Business