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.
Kings New York Retainer Agreement for Virtual Assistant Services is a comprehensive legal document that outlines the terms and conditions between King's New York and their clients engaging virtual assistant services. This agreement is specifically designed to establish a clear understanding of the scope of services, payment terms, confidentiality, and other important provisions. The Kings New York Retainer Agreement for Virtual Assistant Services consists of various types, depending on the specific needs and requirements of the client. Some different types of agreements offered by Kings New York include: 1. Standard Retainer Agreement: This type of agreement sets out the general terms and conditions applicable to the engagement of virtual assistant services. It covers the scope of work, fees, payment schedules, confidentiality, intellectual property rights, and termination provisions. 2. Customized Retainer Agreement: Kings New York also offers customized agreements, tailored to the unique requirements of individual clients. This type of agreement allows clients to specify additional terms, such as special tasks, specific working hours, or any other specific arrangements that need to be agreed upon. 3. Project-based Retainer Agreement: For clients who require virtual assistant services for a specific project, Kings New York provides a project-based agreement. This agreement typically defines the scope of work, deliverables, timelines, and the project fee structure. 4. Long-term Retainer Agreement: This type of agreement is suitable for clients who require ongoing virtual assistant support on a long-term basis. It outlines the responsibilities, expectations, and engagement terms, ensuring a long-standing collaboration between Kings New York and the client. The Kings New York Retainer Agreement for Virtual Assistant Services includes essential clauses to protect both parties involved. Some of these clauses encompass confidentiality, non-disclosure, non-solicitation, dispute resolution, indemnification, and the limitation of liability. These agreements focus on establishing a professional relationship that ensures transparency, accountability, and the efficient delivery of virtual assistant services. By implementing the Kings New York Retainer Agreement for Virtual Assistant Services, clients can confidently engage virtual assistants while having a clear understanding of the terms and conditions. This legally binding agreement provides a solid foundation for a mutually beneficial and successful working relationship between clients and Kings New York, ensuring a seamless experience throughout the entire engagement.Kings New York Retainer Agreement for Virtual Assistant Services is a comprehensive legal document that outlines the terms and conditions between King's New York and their clients engaging virtual assistant services. This agreement is specifically designed to establish a clear understanding of the scope of services, payment terms, confidentiality, and other important provisions. The Kings New York Retainer Agreement for Virtual Assistant Services consists of various types, depending on the specific needs and requirements of the client. Some different types of agreements offered by Kings New York include: 1. Standard Retainer Agreement: This type of agreement sets out the general terms and conditions applicable to the engagement of virtual assistant services. It covers the scope of work, fees, payment schedules, confidentiality, intellectual property rights, and termination provisions. 2. Customized Retainer Agreement: Kings New York also offers customized agreements, tailored to the unique requirements of individual clients. This type of agreement allows clients to specify additional terms, such as special tasks, specific working hours, or any other specific arrangements that need to be agreed upon. 3. Project-based Retainer Agreement: For clients who require virtual assistant services for a specific project, Kings New York provides a project-based agreement. This agreement typically defines the scope of work, deliverables, timelines, and the project fee structure. 4. Long-term Retainer Agreement: This type of agreement is suitable for clients who require ongoing virtual assistant support on a long-term basis. It outlines the responsibilities, expectations, and engagement terms, ensuring a long-standing collaboration between Kings New York and the client. The Kings New York Retainer Agreement for Virtual Assistant Services includes essential clauses to protect both parties involved. Some of these clauses encompass confidentiality, non-disclosure, non-solicitation, dispute resolution, indemnification, and the limitation of liability. These agreements focus on establishing a professional relationship that ensures transparency, accountability, and the efficient delivery of virtual assistant services. By implementing the Kings New York Retainer Agreement for Virtual Assistant Services, clients can confidently engage virtual assistants while having a clear understanding of the terms and conditions. This legally binding agreement provides a solid foundation for a mutually beneficial and successful working relationship between clients and Kings New York, ensuring a seamless experience throughout the entire engagement.
