How can a Virtual Assistant help my drone business?
Did you know that the average small business professional spends upwards of 240 hours annually working on administrative tasks? Does that surprise you? That translates to 240 hours of non-paid activities, lost money. As a business owner spending 240 hours of your time dedicated to administrative tasks rather than the core function of your business, well, you can see that is very counterproductive and will not grow your business.
Owning a business is not an easy task. Whether you want it to or not, your business will grow and change over time. As opportunities come, you will find yourself realizing that to grow you need to add personnel. Remember we each have our own talents and skills. And one person can only put in so many hours in a day. That means if you want your business to grow, you need to add to your staff, even if at the time that looks to mean that profits may decrease for a time. But what if you don’t need a full-time person? How do you know if you can afford to add help?
Think about it this way; how much do you charge for your time? What administrative tasks are you still performing, ultimately tasks that may not be your “forte”? By hiring someone who specializes in the tasks you need done you will get those tasks done in a timely manner and pay out a small percentage of what you charge for your services. Also, by hiring someone to do those tasks you are freeing up your time for you to work on and grow your business.
What kind of administrative work pulls the business professional away from what they do best? Administrative work can be categorized into two areas: operational and regulatory. Let’s look at the regulatory tasks first, since these tasks do not contribute to the running of the business but are mandated by governments with required compliance across various industries. Some businesses that fall into needing these necessary tasks are small law firms, medical practices, accounting firms, drone companies and businesses that collect data from individuals. Because these tasks are responsible for lost man-hours and there is no benefit cost for companies it is important to weigh your options for achieving these tasks with the least loss possible. And usually that means hiring someone so you are not sacrificing your time when you could be making money for your company.
Next you have the operational tasks that business professionals have much more control over. Out of all the operational administrative tasks that take an owner’s time there are some that kidnap more time from them than others. Accounting tasks consume the most time of all the administrative tasks, including accounts payables/receivable. It is easy to “put off” posting to Quickbooks (QB) when you don’t do it every day. But as we found with our most recent client, that is not the best approach. Our new client, a drone company out of Ohio, grew so quickly that posting to their QB account kept getting put on the back burner. We are now working to not only catch up their posts but to keep them caught up through 2021. Freeing them to do the work on and grow their company!
VA on the Spot is here it to help with these administrative tasks. We are offering a 10% discount during the months of January and February for all Women And Drone members to help you grow your business in 2021. United State Veterans get a 10% discount all the time!
Contact us to set-up a consultation where we virtually meet with you, learn about you and your company needs, and work with you to figure out where you are, where you want to be, and how we can help you get there, one task at a time. Schedule a free consultation today at https://calendly.com/vaonthespot/30min or visit our website at https://www.VAontheSpot.com.
Founder, VA on the Spot