Featured Posts

<< >>

Ep 44: Offshore Freelancers: Thoughts for Our Colleagues

Share

I assume that many of our offshore colleagues want to be a VA for the same reasons we all do: freedom to work when we like, be our own boss, autonomy, travel, childcare or elder care needs, disability. 

Part 3 of our Offshore Freelancers series focuses on our offshore colleagues offering tips on things to consider – primary amongst them understanding what a VA actually is!

© Lyn Prowse-Bishop – The Virtual Business Show

(Image: kiwiqa.com)

Reference Links:

History of the VA Industry

Ep 41: Offshore Freelancers – Part 1

Ep 42: Offshore Freelancers – Part 2

Professional Virtual Assistants – Philippines

Rochefel Rivera – YouTube

Should Cost of Living Count

Worth v Value

No, Not Everyone Can Be a VA – Kathie Thomas

Ep 43: Interview: STP and Super

Share

Please note this show is for our Australian listeners only.

In this special episode we interview Pauline Pickering, director of Globe Accounting and small business accounting specialist on the new Australian Single Touch Payroll system, and the superannuation guarantee, and discuss any issues there may be for VAs.

The Single Touch Payroll system (STP) may affect some VAs who pay themselves a wage or who have family members assisting them from time to time they are paying. And did you know if you are a sole operator structure you can’t pay yourself a wage? Instead you’ll take drawings.

A recent VA blog post raised the issue that VAs are eligible for superannuation so we discuss this with Pauline and whether this allegation is actually accurate or the information shared is oversimplifying things. Note, if you operate as a company, trust or partnership structure the superannuation guarantee legislation does not apply to you.

(As this episode is an interview recording the audio quality is slightly different to previous shows.)

© Lyn Prowse-Bishop – The Virtual Business Show

Reference Links:

Globe Accounting Pty Ltd

Globe Accounting Facebook

ATO – Single Touch Payroll

ATO – Contractor example for employers

ATO – Superannuation entitlements for contractors

ATO – Employee or Contractor Table

ATO – Contractor v Employee Decision Tool

ATO – Superannuation Eligibility Decision Tool

STP Solutions Vendors:

Xero

Easy Payslip (free trial)

Lightning Payroll (free trial)

Reckon (3 variations)

CloudPayroll MICRO (free trial)

ePayroll Micro (free trial)

GovReports (free trial)

Ep 42: Offshore Freelancers: What Clients Need to Know

Share

We continue our offshore freelancer series with this episode focused on helping clients understand the differences between local and offshore support, and highlight some of the things you might not have thought about when choosing the offshore option – including a breakdown of a real life example of one outsourcing company’s costs.

(Please note: This podcast refers to the Trans-Pacific Partnership Agreement – this agreement is now defunct after the US withdrew, and was replaced by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) of which China is not a member.)

© Lyn Prowse-Bishop – The Virtual Business Show

(Image: kiwiqa.com)

Reference Links:

History of the VA Industry

Outsourcing Company Ad

Outsourcing Company Costs

Episode 41: Offshore Freelancers

Ep 41: Offshore Freelancers – Why you needn’t worry!

Share

Offshore freelancers aren’t new – and they aren’t going anywhere.

There is still some fear locally surrounding offshore “VAs”. If you buy into that fear, you will always view freelancers from emerging economies as a threat to you and your business.

Nothing could be further from the truth!

© Lyn Prowse-Bishop – The Virtual Business Show

(Image: kiwiqa.com)

Ep 40: Changes

Share

Something all business owners need to face from time to time is change.

As Greek philosopher Heraclitus said: “The only constant in life is change”.

How you respond to those changes will determine your success – or failure – in business.

Shows referenced:

Business Peaks and Troughs

© Lyn Prowse-Bishop – The Virtual Business Show

Ep 39: Should Cost of Living Count?

Share

We hear it a lot when there are discussions around VA rates. That your cost of living should factor in … but how much of a role should it really play?

References:

Starting a Business in Vanuatu

Other shows about rates:

What Do I Charge

Let’s Talk About Rates

Worth v Value

© Lyn Prowse-Bishop – The Virtual Business Show

Ep 38: Worth v Value

Share

As globalisation makes it easier for clients to connect with service providers outside their home countries, today’s VA really needs to work smarter to attract those clients, and taking a look at their perceived “worth” and then focusing on client needs is a good place to start. Provide value and your worth will increase.

Referenced shows:

Let’s Talk About Rates

VA Trainers – Do Your Homework

What Do I Charge?

© Lyn Prowse-Bishop – The Virtual Business Show

Ep 37: Let’s Talk About Rates Baby

Share

There are always lots of discussions around rates in the VA industry. How to charge. What to charge. Charging enough. Not enough.

In this podcast I cover some recent discussions around rates, things to think about when setting your rate, and whether your experience in an office and your location need to be taken into account.

I also mention Nina Feldman’s handy pricing worksheet during the show, which you can find here:

Pricing Worksheet

 

© Lyn Prowse-Bishop – The Virtual Business Show

Ep 36: VA Training – Do Your Homework

Share

Previously I’ve said that I didn’t think it was necessary for VAs to have training – however with the evolution of the VA industry and so many new VAs coming from little to no experience in an office or admin environment, and others straight from school, getting training in running a business, or a specialist niche area, is probably advisable for some. However, not all trainers are alike. You have to do your homework and ensure you’re getting what you pay for! Do your research and ensure your trainer knows what they’re talking about! Check their background and credentials before you part with your money.

Remember: the VA industry is unregulated and there is no over-arching regulating/certifying body … therefore NO training can be “certified”. Getting a certificate at the end of a training isn’t the same as that training being certified. The articles I mention in the podcast are linked below:

I also include reference to what I consider legitimate, valuable trainers and organisations.  I’ve included links to those below:

For specialist Author and Speaker Assistant training visit here.

This should be plenty to get you on the road to a successful VA practice!

 

History of the VA Industry infographic – find it here.

 

© Lyn Prowse-Bishop – The Virtual Business Show

Ep 35: The Evolution of the VA Industry

Share

The VA industry has been going since the early 1980s! Since I began my VA journey back in 2000, the industry has certainly evolved and changed significantly. Back then we had a fledgling industry forged primarily by women who had come from years working in administration, secretarial, PA or EA roles, whereas now there are many types of VA. This means that clients need to be clear on what they’re looking for to ensure they partner with the right VA.

 

I mention Julie Hoflin’s (Your Versatile VA in British Columbia) infographic in the podcast which highlights the difference between what she terms Offshoring (‘the tasker’), Outsourcing (‘the side hustle’) and Contracting (‘the professional’). You can find it here.

 

© Lyn Prowse-Bishop – The Virtual Business Show