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 New Hampshire Retainer Agreement for Virtual Assistant Services is a legally binding contract that outlines the specific terms and conditions between a virtual assistant and their client. This agreement is designed to establish a professional relationship and clarify the rights and responsibilities of both parties involved in the engagement. It is important to note that while specific provisions may vary, the core principles of a retainer agreement for virtual assistant services in New Hampshire generally remain consistent. The primary objective of a New Hampshire Retainer Agreement for Virtual Assistant Services is to outline the scope of work and services that the virtual assistant will provide to the client. This includes tasks such as administrative support, customer service, social media management, research, content creation, and other professional services specific to the virtual assistant's expertise. Within this agreement, detailed descriptions of the client's expectations and the level of service to be delivered are explicitly stated. This includes the timeline for completion of tasks, the frequency of communication, and any specific guidelines or protocols to be followed by the virtual assistant. Apart from the scope of work, a New Hampshire Retainer Agreement for Virtual Assistant Services also covers financial aspects. This includes outlining the retainer fee structure, payment terms, and any additional expenses that may be incurred during the course of the engagement. Confidentiality clauses are often included to protect sensitive information entrusted to the virtual assistant. In some cases, there may be different types of New Hampshire Retainer Agreements for Virtual Assistant Services available. These variations are often influenced by the duration and nature of the client's requirements. For instance, there could be a monthly retainer agreement where the client pays a set fee for a specific number of hours or tasks each month. On the other hand, a project-based retainer agreement may be suitable for short-term assignments that have a defined start and end date. Additionally, some virtual assistants may offer customized retainer agreements tailored to the unique needs of the client. When drafting a New Hampshire Retainer Agreement for Virtual Assistant Services, it is crucial to ensure that the agreement is fair to both parties and complies with local laws and regulations. To avoid any ambiguity or misunderstanding, it is recommended to consult with a legal professional with knowledge of New Hampshire business laws to review and customize the agreement accordingly.A New Hampshire Retainer Agreement for Virtual Assistant Services is a legally binding contract that outlines the specific terms and conditions between a virtual assistant and their client. This agreement is designed to establish a professional relationship and clarify the rights and responsibilities of both parties involved in the engagement. It is important to note that while specific provisions may vary, the core principles of a retainer agreement for virtual assistant services in New Hampshire generally remain consistent. The primary objective of a New Hampshire Retainer Agreement for Virtual Assistant Services is to outline the scope of work and services that the virtual assistant will provide to the client. This includes tasks such as administrative support, customer service, social media management, research, content creation, and other professional services specific to the virtual assistant's expertise. Within this agreement, detailed descriptions of the client's expectations and the level of service to be delivered are explicitly stated. This includes the timeline for completion of tasks, the frequency of communication, and any specific guidelines or protocols to be followed by the virtual assistant. Apart from the scope of work, a New Hampshire Retainer Agreement for Virtual Assistant Services also covers financial aspects. This includes outlining the retainer fee structure, payment terms, and any additional expenses that may be incurred during the course of the engagement. Confidentiality clauses are often included to protect sensitive information entrusted to the virtual assistant. In some cases, there may be different types of New Hampshire Retainer Agreements for Virtual Assistant Services available. These variations are often influenced by the duration and nature of the client's requirements. For instance, there could be a monthly retainer agreement where the client pays a set fee for a specific number of hours or tasks each month. On the other hand, a project-based retainer agreement may be suitable for short-term assignments that have a defined start and end date. Additionally, some virtual assistants may offer customized retainer agreements tailored to the unique needs of the client. When drafting a New Hampshire Retainer Agreement for Virtual Assistant Services, it is crucial to ensure that the agreement is fair to both parties and complies with local laws and regulations. To avoid any ambiguity or misunderstanding, it is recommended to consult with a legal professional with knowledge of New Hampshire business laws to review and customize the agreement accordingly.
