A virtual assistant is like a personal secretary. They provide customer support, write, answer calls, transcribe, do research, etc. They basically work at home and communicate with their Employer through the Internet or through phone. One method many companies take to maximize the likelihood of having a positive experience in retaining a virtual assistant is by going through a virtual staffing agency. These virtual staffing agencies operate similarly to conventional staffing agencies. When setting up the structure of a virtual assistant business, the owner must decide how he or she will collect the money earned for the services performed.
Traditional Invoicing/Net 30 Days If the virtual assistant does a lot of work for larger corporate clients, she may find that her clients will only do business with her if she extends Net 30 Day terms. With this arrangement, the virtual assistant will issue an invoice at the specified time periods or at the end of a project, whatever is agreed to prior to starting the project.
Traditional Invoicing/Due Upon Receipt Issuing the purchase order or having an agreement where the terms are Due Upon Receipt will help the virtual assistant to get paid much quicker. Just like Net 30 Day terms, the virtual assistant will send an invoice at specified times or at the end of the project and wait for the company to send a check.
Credit Card Payment The virtual assistant can set-up a merchant account and collect payment from the client using a credit card. An invoice will usually still need to be given to the client, but payment can be processed immediately at specified times. The virtual assistant can keep the clients credit card number on file and charge it as soon as a project is completed and the invoice is approved. Credit card payments can also be processed through PayPal without setting-up a merchant account.
Retainer Many virtual assistants collect a retainer from their clients. Often a discount is given when the client agrees to a certain number of hours of work per month charged if it is used or not. Since the client has already paid, they will most likely use the time, however, this is a nice way for the VA to estimate how much he or she will work in a month because the client as already committed to a certain number of hours.
A Tennessee Retainer Agreement for Virtual Assistant Services is a legal contract established between a virtual assistant and their client residing in Tennessee. This agreement outlines the terms and conditions of the business relationship, ensuring both parties have a clear understanding of their roles, responsibilities, and expectations. It serves as a binding agreement, protecting the rights and interests of both the virtual assistant and the client. Keywords: Tennessee, retainer agreement, virtual assistant services, contract, legal, business relationship, roles, responsibilities, expectations, binding agreement, rights, interests. There are several types of Tennessee Retainer Agreements for Virtual Assistant Services that may exist depending on the specific requirements and preferences of the parties involved: 1. Basic Tennessee Retainer Agreement for Virtual Assistant Services: This agreement includes standard terms and conditions, defining the scope of work, payment terms, confidentiality, termination clauses, and dispute resolution procedures. 2. Tennessee Retainer Agreement for Specialized Virtual Assistant Services: This type of agreement caters to virtual assistants offering specialized services such as graphic design, social media management, content creation, or bookkeeping. It includes provisions that address the unique responsibilities and expectations related to these specific services. 3. Tennessee Retainer Agreement with Performance Indicators: This agreement incorporates performance indicators and measurable goals that the virtual assistant is expected to achieve during the retainer period. It sets clear objectives, timelines, and performance metrics to assess the virtual assistant's effectiveness and aligns their efforts with the client's business objectives. 4. Tennessee Retainer Agreement with Non-Disclosure and Non-Compete Clauses: In situations where the virtual assistant may have access to sensitive information or trade secrets, this agreement includes robust non-disclosure and non-compete clauses to protect the client's confidential information and prevent the virtual assistant from engaging in similar services for competing entities. 5. Tennessee Retainer Agreement with Project-Based Billing: This agreement is suitable for clients who require virtual assistant services on a project-by-project basis rather than an ongoing retainer. It includes provisions for scope definition, project milestones, deliverables, and payment terms specific to each project. Remember, it is important to tailor the Tennessee Retainer Agreement for Virtual Assistant Services according to the specific needs and preferences of both the virtual assistant and the client, ensuring a mutual agreement that benefits both parties.A Tennessee Retainer Agreement for Virtual Assistant Services is a legal contract established between a virtual assistant and their client residing in Tennessee. This agreement outlines the terms and conditions of the business relationship, ensuring both parties have a clear understanding of their roles, responsibilities, and expectations. It serves as a binding agreement, protecting the rights and interests of both the virtual assistant and the client. Keywords: Tennessee, retainer agreement, virtual assistant services, contract, legal, business relationship, roles, responsibilities, expectations, binding agreement, rights, interests. There are several types of Tennessee Retainer Agreements for Virtual Assistant Services that may exist depending on the specific requirements and preferences of the parties involved: 1. Basic Tennessee Retainer Agreement for Virtual Assistant Services: This agreement includes standard terms and conditions, defining the scope of work, payment terms, confidentiality, termination clauses, and dispute resolution procedures. 2. Tennessee Retainer Agreement for Specialized Virtual Assistant Services: This type of agreement caters to virtual assistants offering specialized services such as graphic design, social media management, content creation, or bookkeeping. It includes provisions that address the unique responsibilities and expectations related to these specific services. 3. Tennessee Retainer Agreement with Performance Indicators: This agreement incorporates performance indicators and measurable goals that the virtual assistant is expected to achieve during the retainer period. It sets clear objectives, timelines, and performance metrics to assess the virtual assistant's effectiveness and aligns their efforts with the client's business objectives. 4. Tennessee Retainer Agreement with Non-Disclosure and Non-Compete Clauses: In situations where the virtual assistant may have access to sensitive information or trade secrets, this agreement includes robust non-disclosure and non-compete clauses to protect the client's confidential information and prevent the virtual assistant from engaging in similar services for competing entities. 5. Tennessee Retainer Agreement with Project-Based Billing: This agreement is suitable for clients who require virtual assistant services on a project-by-project basis rather than an ongoing retainer. It includes provisions for scope definition, project milestones, deliverables, and payment terms specific to each project. Remember, it is important to tailor the Tennessee Retainer Agreement for Virtual Assistant Services according to the specific needs and preferences of both the virtual assistant and the client, ensuring a mutual agreement that benefits both parties.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
