Recession Proof Profession
Many people who have a home based businesses or bricks and mortar micro-business are reluctant to hire an employee for several reasons.
During a recession, employers will put off hiring a full-time employee in order to save money.
Plus, it takes space to hire an employee, and there are many tax consequences that unfairly affect micro-businesses.
Thankfully, for the home based entrepreneur there are many options today.
The perfect solution for the home based business owner is to hire a virtual contractor.
A virtual contractor provides services to business owners from the comfort of their home or office, remotely.
With the advent of broadband technology, there are so many more options today.
That is where you come in; if you are reading this, you probably already have the tools and many of the skills required to establish this career.
If you have administrative or secretarial skills, Virtual Assistance is one of the best and certainly one of the fastest businesses one can create.
It is a rare exception that a dedicated, skillful person cannot make money as a Virtual Assistant in today's technologically advanced society.
Recession or not.
In fact, a recession is the perfect time to start this business.
Businesses need to make money and might be more responsive to the idea when they are educated on the advantages of hiring a virtual contractor.
It is suggested that you get an Employee Identification Number or EIN.
This way, you do not have to give away your personal social security number to clients.
Clients will need your EIN so that if they pay you more than $600 in a year they can report the income on a 1099.
You can find out more information about these issues by going to the IRS website.
As a Virtual Assistant, you can help home based business owners make more money by freeing up their time from administrative and organizational tasks.
Now, they can concentrate on activities that provide a return on investment.
Some niche ideas for the Virtual Assistant:
As a business owner yourself, you have the freedom to choose what types of tasks on which to focus your business.
It can be tempting to stretch yourself far and wide.
However, it is essential to establish a few select packages to provide service to your clients on an ongoing basis.
Doing this will ensure your long term survival in this field.
There is money to be made for anyone with the skills and commitment to become a successful and profitable Virtual Assistant.
Even if you do not have the skills right now, you can train to be a Virtual Assistant easily right from the comfort of your home.
It is as painless as signing up for one of several different courses you find.
Just be careful and sign up for something recommended by a person you trust or a program that offers a money-back guarantee.
During a recession, employers will put off hiring a full-time employee in order to save money.
Plus, it takes space to hire an employee, and there are many tax consequences that unfairly affect micro-businesses.
Thankfully, for the home based entrepreneur there are many options today.
The perfect solution for the home based business owner is to hire a virtual contractor.
A virtual contractor provides services to business owners from the comfort of their home or office, remotely.
With the advent of broadband technology, there are so many more options today.
That is where you come in; if you are reading this, you probably already have the tools and many of the skills required to establish this career.
If you have administrative or secretarial skills, Virtual Assistance is one of the best and certainly one of the fastest businesses one can create.
It is a rare exception that a dedicated, skillful person cannot make money as a Virtual Assistant in today's technologically advanced society.
Recession or not.
In fact, a recession is the perfect time to start this business.
Businesses need to make money and might be more responsive to the idea when they are educated on the advantages of hiring a virtual contractor.
- Skills you will need:
- Computer Proficiency
- Superb Communication Skills
- Keyboarding
- Word-processing
- Online Event Planning
- Writing
It is suggested that you get an Employee Identification Number or EIN.
This way, you do not have to give away your personal social security number to clients.
Clients will need your EIN so that if they pay you more than $600 in a year they can report the income on a 1099.
You can find out more information about these issues by going to the IRS website.
As a Virtual Assistant, you can help home based business owners make more money by freeing up their time from administrative and organizational tasks.
Now, they can concentrate on activities that provide a return on investment.
Some niche ideas for the Virtual Assistant:
- Personal Assistant
- MLM Virtual Assistant
- Internet Marketing Assistant
- Online Event Organizing and Planning
- Concierge
- Legal Virtual Assistant
- Medical Transcriptionist
- Article Marketing
- Online Community Management
- Customer Service
As a business owner yourself, you have the freedom to choose what types of tasks on which to focus your business.
It can be tempting to stretch yourself far and wide.
However, it is essential to establish a few select packages to provide service to your clients on an ongoing basis.
Doing this will ensure your long term survival in this field.
There is money to be made for anyone with the skills and commitment to become a successful and profitable Virtual Assistant.
Even if you do not have the skills right now, you can train to be a Virtual Assistant easily right from the comfort of your home.
It is as painless as signing up for one of several different courses you find.
Just be careful and sign up for something recommended by a person you trust or a program that offers a money-back guarantee.
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