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.
Mecklenburg North Carolina Retainer Agreement for Virtual Assistant Services A Mecklenburg North Carolina Retainer Agreement for Virtual Assistant Services is a legally binding contract between a virtual assistant and a client based in Mecklenburg County, North Carolina. This agreement establishes the terms and conditions under which the virtual assistant will provide their services and the client will compensate for those services. Keywords: Mecklenburg North Carolina, Retainer Agreement, Virtual Assistant Services This retainer agreement outlines the scope of work, payment terms, confidentiality, termination clauses, and the rights and responsibilities of both parties involved. It is designed to protect the interests of both the virtual assistant and the client, ensuring a professional and mutually beneficial working relationship. The agreement may include different types of Mecklenburg North Carolina Retainer Agreements for Virtual Assistant Services, such as: 1. Standard Retainer Agreement: This is a general agreement that covers the standard terms and conditions for virtual assistant services, including the scope of work, payment structure, project deadlines, and any specific requirements of the client. 2. Specialized Retainer Agreement: In some cases, clients may require specialized services from a virtual assistant. This agreement may cover niche areas such as social media management, content writing, graphic design, or customer support. It will stipulate the specific tasks and responsibilities unique to the specialized services provided. 3. Long-term Retainer Agreement: For clients who require ongoing virtual assistant services on a long-term basis, a long-term retainer agreement is established. This agreement will outline the duration of the contract, expected working hours, payment terms, and any changes in scope that may occur over time. 4. Project-based Retainer Agreement: This agreement is applicable when a client requires virtual assistant services for a specific project with a defined timeline. It will outline the project details, deliverables, milestones, and payment arrangements specific to the project's scope. It is crucial for both parties to review and understand the terms and conditions before signing the Mecklenburg North Carolina Retainer Agreement for Virtual Assistant Services. This ensures clarity and transparency, reducing potential disputes and fostering a successful working relationship. Disclaimer: This content is for informational purposes only and should not be considered legal advice. It is recommended to consult with a legal professional or attorney when drafting or entering into a legal agreement.Mecklenburg North Carolina Retainer Agreement for Virtual Assistant Services A Mecklenburg North Carolina Retainer Agreement for Virtual Assistant Services is a legally binding contract between a virtual assistant and a client based in Mecklenburg County, North Carolina. This agreement establishes the terms and conditions under which the virtual assistant will provide their services and the client will compensate for those services. Keywords: Mecklenburg North Carolina, Retainer Agreement, Virtual Assistant Services This retainer agreement outlines the scope of work, payment terms, confidentiality, termination clauses, and the rights and responsibilities of both parties involved. It is designed to protect the interests of both the virtual assistant and the client, ensuring a professional and mutually beneficial working relationship. The agreement may include different types of Mecklenburg North Carolina Retainer Agreements for Virtual Assistant Services, such as: 1. Standard Retainer Agreement: This is a general agreement that covers the standard terms and conditions for virtual assistant services, including the scope of work, payment structure, project deadlines, and any specific requirements of the client. 2. Specialized Retainer Agreement: In some cases, clients may require specialized services from a virtual assistant. This agreement may cover niche areas such as social media management, content writing, graphic design, or customer support. It will stipulate the specific tasks and responsibilities unique to the specialized services provided. 3. Long-term Retainer Agreement: For clients who require ongoing virtual assistant services on a long-term basis, a long-term retainer agreement is established. This agreement will outline the duration of the contract, expected working hours, payment terms, and any changes in scope that may occur over time. 4. Project-based Retainer Agreement: This agreement is applicable when a client requires virtual assistant services for a specific project with a defined timeline. It will outline the project details, deliverables, milestones, and payment arrangements specific to the project's scope. It is crucial for both parties to review and understand the terms and conditions before signing the Mecklenburg North Carolina Retainer Agreement for Virtual Assistant Services. This ensures clarity and transparency, reducing potential disputes and fostering a successful working relationship. Disclaimer: This content is for informational purposes only and should not be considered legal advice. It is recommended to consult with a legal professional or attorney when drafting or entering into a legal agreement.