How to Invoice in a Multi-VA Business...
Regardless of which business model you choose, your goal is going to be to be able to work less and earn more. To do so, you need to charge your clients one rate and pay your virtual assistants another, lower rate.
Now, this isn’t about finding the cheapest VAs you can or about demanding a specific rate out of your team members but you do want to make sure that at the end of the day, your marketing efforts, your sales call time, your time spent managing the projects and managing all of the other pieces of your business is paid for.
My rule of thumb is to always try and locate assistants who are at ½ of what I charge my clients. Now, my rate is a lot higher than most virtual assistants so I can do that and still afford to pay my team the rate that they specify. That’s the beauty of everyone being virtual and of everyone being business owners. We get the opportunity to ask what their rates are, honor their rates and treat the relationship like a business-to-business relationship as opposed to employer/employee relationship.
Some multi-VA owners will specify the rates they pay to the assistants or start them at a rate and move them up over time. This is also perfectly acceptable if your own rates are a little lower right now. This gives you the chance to increase your rates over time and pay your assistants more over time.
The best thing to do though is to have this conversation about rates and rate expectations in your discovery / interview call with the team member. You want to be sure that both of you are perfectly clear about what the relationship will look like and how, moving forward, you will handle things such as rates.
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Delegate, delegate, delegate



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