There are many benefits of working with a virtual executive assistant, from time-saving to reducing operation costs. I have listed what I think are seven benefits of having a virtual team and how it can help your business thrive!
What is a virtual executive assistant and how can they help?
A virtual executive assistant is an office administration expert that works virtually. They work from their home, co-working space or on the road. As your Virtual Executive Assistant, I’ll help you with:
- Diary management & appointment scheduling to keep you on track
- Reminders of upcoming meetings or trips that you must attend
- Answering emails and only sending you the must-read ones
- Board paper preparation, agendas and minutes
- Reconciling your expenses
- Fielding enquiries so you’re not disturbed unnecessarily
- Looking for ways to promote and grow your business
- Updates to your Website
- And much more
Allows you to focus on your area of genius
In your business you have your area of expertise, the main focus of your business but then there is a whole other administration side that can be quite overwhelming. There are tasks that take up so much of your time when you should be focusing on where your passion lies. Outsourcing these tasks can result in a huge increase in productivity, increased flexibility and saves you time so you can take on more clients and create more business opportunities.
Time-saving
Hiring a virtual team member can save you up to 20 hours a week. You’ll have more time to focus on more important areas of your business. You’ll find the to-do list gets smaller and the pressure will be taken off your shoulders.
Productivity
According to OfficialBryanGrey studies have shown that a virtual executive assistant is 13% more productive than an office-bound employee. As they work on an hourly basis, every minute is spent doing the work and getting tasks ticked off. Time isn’t wasted in the tea room or talking to colleagues. You will also feel more productive in your work, as the pressure has been taken off you, allowing you to focus on your area of expertise. Work will also be done in a quicker turnaround time, which allows you to be able to take on more clients resulting in increased revenue.
Mental Health
Let’s be honest in saying that sometimes business can be hard. We feel overwhelmed, anxious and it feels like you aren’t getting anywhere. Studies have shown that hiring support in your business reduces mental health, stress levels are reduced and you feel more on top of things. Our mental health is key because without it we won’t be able to run our businesses.
Reduction in operating costs
Who would not love a reduction in operating costs? Studies have shown that hiring a virtual team can reduce operating costs by 78% per year. That is a huge cost-saving and that money can be used to invest in your business growth. Money can also be saved in sick days, annual leave and superannuation, as this is not required with a contracted virtual assistant. You will also save on hardware and office supplies.
Increased flexibility
Having a virtual executive assistant gives you increased flexibility. You have more time to attend meetings, bring on new clients, create new products and develop content for your business. It also gives you time to do something for yourself, maybe attend your kid’s sports day. You can be rest assured that your business is in good hands and work is being done without you being there.
Business growth
By outsourcing tasks in your business, you will have more time to increase growth. You will have time to generate new leads in your business and bring in further income. Having the time to build relationships with your customers will show an increase in referrals and growth. The benefits and business possibilities with hiring a virtual executive assistant are endless. Want to know more about working with a Virtual Executive Assistant? Book your 30-minute call and I’ll answer all your burning questions.
