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 Washington Retainer Agreement for Virtual Assistant Services is a legally binding contract that outlines the terms and conditions between a virtual assistant (VA) and a client in the state of Washington. It establishes the working relationship and clearly defines the scope of work, payment terms, and other essential details. In Washington, there are various types of Retainer Agreements for Virtual Assistant Services available to cater to different needs. These may include: 1. Standard Washington Retainer Agreement for Virtual Assistant Services: This agreement sets out the general terms and conditions applicable to most virtual assistant services in Washington. It covers aspects such as the services to be provided, the payment structure, confidentiality, termination clauses, and dispute resolution methods. 2. Hourly Rate Washington Retainer Agreement for Virtual Assistant Services: This type of agreement specifies that the virtual assistant will be paid on an hourly basis. It outlines the agreed-upon hourly rate, the method of tracking hours worked, and the payment schedule. 3. Project-Based Washington Retainer Agreement for Virtual Assistant Services: This agreement is suitable for specific projects where the client requires a virtual assistant's services for a defined timeframe or until the completion of a particular assignment. It covers the project's scope, timelines, deliverables, payment terms, and any rights to intellectual property resulting from the project. 4. Monthly Subscription Washington Retainer Agreement for Virtual Assistant Services: This type of agreement establishes an ongoing working relationship between the virtual assistant and the client. The client pays a fixed monthly fee for a set number of hours or services provided by the virtual assistant throughout the month. 5. Washington Non-Disclosure Agreement for Virtual Assistant Services: Sometimes, clients may require the virtual assistant to sign a non-disclosure agreement (NDA) to protect sensitive information. This agreement ensures that the virtual assistant maintains confidentiality and does not disclose any confidential information to third parties. These various Retainer Agreements for Virtual Assistant Services in Washington can be customized to suit the specific needs of the client and the virtual assistant. It is crucial to carefully review and negotiate the terms and conditions within the agreement to ensure a mutually beneficial working relationship. Always seek legal advice from an attorney familiar with Washington state laws when drafting or entering into such agreements.A Washington Retainer Agreement for Virtual Assistant Services is a legally binding contract that outlines the terms and conditions between a virtual assistant (VA) and a client in the state of Washington. It establishes the working relationship and clearly defines the scope of work, payment terms, and other essential details. In Washington, there are various types of Retainer Agreements for Virtual Assistant Services available to cater to different needs. These may include: 1. Standard Washington Retainer Agreement for Virtual Assistant Services: This agreement sets out the general terms and conditions applicable to most virtual assistant services in Washington. It covers aspects such as the services to be provided, the payment structure, confidentiality, termination clauses, and dispute resolution methods. 2. Hourly Rate Washington Retainer Agreement for Virtual Assistant Services: This type of agreement specifies that the virtual assistant will be paid on an hourly basis. It outlines the agreed-upon hourly rate, the method of tracking hours worked, and the payment schedule. 3. Project-Based Washington Retainer Agreement for Virtual Assistant Services: This agreement is suitable for specific projects where the client requires a virtual assistant's services for a defined timeframe or until the completion of a particular assignment. It covers the project's scope, timelines, deliverables, payment terms, and any rights to intellectual property resulting from the project. 4. Monthly Subscription Washington Retainer Agreement for Virtual Assistant Services: This type of agreement establishes an ongoing working relationship between the virtual assistant and the client. The client pays a fixed monthly fee for a set number of hours or services provided by the virtual assistant throughout the month. 5. Washington Non-Disclosure Agreement for Virtual Assistant Services: Sometimes, clients may require the virtual assistant to sign a non-disclosure agreement (NDA) to protect sensitive information. This agreement ensures that the virtual assistant maintains confidentiality and does not disclose any confidential information to third parties. These various Retainer Agreements for Virtual Assistant Services in Washington can be customized to suit the specific needs of the client and the virtual assistant. It is crucial to carefully review and negotiate the terms and conditions within the agreement to ensure a mutually beneficial working relationship. Always seek legal advice from an attorney familiar with Washington state laws when drafting or entering into such agreements.
