Course Syllabus: Starting a Virtual Assistant Business

 

Instructor: William Flood

Email: wflood3080@wowway.com

 
Description

A virtual assistant works from his or her own office, offering administrative and office support services, to other companies over the Internet.  A virtual assistant can make from $25-$50 per hour performing tasks such as word processing, database management, desktop publishing, and email services.  Moreover, because virtual assistants work from their homes, for customers they often never meet, they do not need to be located in the same city or even the same state.  Students in this course will learn how to establish and successfully grow a virtual assistant business including learning how to locate customers, set fees, and develop client contracts.

 
Textbook

Virtual Assistant, The Series: Become a Highly Successful, Sought After VA. Ennen and Poelker,

ISBN: 0974279056

 
Course Objectives

Upon completion of this course the student will be able to...

1)             Present an overview of starting and growing a virtual assistant business

2)             Perform online and off-line marketing, including establishing a web presence

3)             Develop contracts appropriate for services provided

4)             Appropriately set fees for services provided

5)            Describe legal and tax issues related to running a virtual assistant business from home

6)             Handle fundamental book keeping

 
Course Content

·         An overview of the nature, history, and duties of virtual assistants

·         Benefits afforded to virtual assistants and their clients

·         Necessary traits to be successful as a virtual assistant

·         A summary of the kinds of services virtual assistants offer

·         Details of setting up a virtual assisting practice

·         Particulars of communicating with clients locally and remotely

·         Pricing and billing practices of virtual assistants

·         Marketing and advertising the virtual assisting practice

·         Record keeping and tax issues

·         Resources for support

 
Course Objectives:

Upon completion of this course the student should be able to...

 
1. Assess their personality characteristics to determine their suitability for being a self-employed virtual assistant

2. Take inventory of their skills, interests, strengths, and weaknesses to help determine appropriate services to offer

3. Determine local licensing requirements and properly “set up shop” as a virtual assistant

4. Describe the benefits and disadvantages of the various forms of legal construction

5. Establish proper pricing, billing, and collections procedures

6. Successfully market their virtual assisting practice

7. Handle basic record keeping and tax planning related to their business

Methods:

The course will include...

 

1. Assigned readings

2. Email correspondence with the instructor and interactions on the classroom discussion boards

3. An entrepreneurial self-assessment exercise

4. A market research exercise studying the competition

5. A goal setting exercise for the business

6. A skills assessment exercise designed to help the student pinpoint what services to offer

7. Development of a micro-business plan for the firm

8. Development of preliminary literature (cards, brochure, etc) for the company

9. Creation of a pricing menu

10. A market survey exercise searching for potential clients

11. A target marketing exercise

 

Submission of Assignments

Results of your assignments will be posted in the appropriate discussion board for appraisal by the instructor and for feedback among class members.  Students wishing more in-depth evaluation of certain exercises may email or fax written versions to the instructor. 

 

Course Outline

Lesson

(Week)                  Subject            ____                                     Chapters                               Due                        

1.                             What is a virtual assistant?                                         Chap. 1                                   Post introductions

2.                             History of the virtual assistant                                   Chap. 1 (cont)                       Entrepreneur’s assessment

3.                             Benefits of owning a VA business                             Chap. 2                                   Competition project

4.                             Traits of successful VA’s                                            Chap. 2 (cont)                       Goal setting exercise

5.                             What services to offer                                                  Chap 6                                    Skills assessment

6.                             Setting up shop                                                             Chap. 3                                   Begin micro business plan

7.                             Communicating with clients                                         Chap. 4                                   Company literature

8.                             Pricing and billing                                                          Chap. 4 (cont)                       Pricing menu

9.                             Marketing your services (part 1, Your market)          Chap. 5                                   Target market project

10.                           Marketing your services (part 2, Target marketing)  Chap. 5 (cont)                       Marketing methods report

11.                           Record keeping and taxes                                              Chap. 7                                   Conclude micro business plan

12.                           Getting further help                                                         Chap. 8, 9, Appendex

 

Course Links

Associations

International Virtual Assistants Association
www.ivaa.org

 
International Association of Virtual Office Assistants (IAVOA

www.IAVOA.com

 
StaffCentrix
http://staffcentrix.com

 
Training Programs

AssistU
http://www.assistu.com

 
Virtual Tools

Efax
http://www.efax.com

Yahoo’s Online Address Book, Calendar, Message Boards, etc. For virtual communication)
http://Yahoo.com

PayPal (for accepting credit card payments
http://www.paypal.com