Becoming a Virtual Assistant During a Recession - Is it a Good Idea?

p>No matter where we turn, we're hearing news ofdownturn?
an imminent recession. It's casting doubt and worry inWell, when a business outsources their work to a
the collective psyche. Some people are wonderingVirtual Assistant, they actually save themselves
whether it might be a good idea to establish homemoney. They only pay the VA by the hour when work
businesses and work for themselves, because theneeds to be done.
days of job security are over.They don't have to pay for any sick pay, holiday pay
However, what kind of home business would sustain aor retirement benefits. They don't have to budget for
downturn? What kind of business would actually thriveextra office space, software or equipment. They don't
in the current economic climate?have to pay a full-time wage for someone to sit there
Enter the Virtual Assistant (VA). A Virtual Assistantwaiting for work if times are quiet. A traditional
works from their own office - usually at home - with a'in-house' employee ends up costing the employer
range of different businesses, performing any kind ofmuch more than a Virtual Assistant.
task that can be done remotely. Depending on theEven during a recession, businesses still need help with
individual skillset of the Virtual Assistant, these taskstheir secretarial, admin, technical and creative tasks.
may include:Things don't come to a halt because of a recession.
- typingTherefore many businesses are simply changing their
- transcription (e.g. medical, legal)business models and outsourcing this type of work
- general adminrather than keeping on costly employees. Businesses
- designing brochures, flyerscan't afford NOT to outsource in these times.
- Powerpoint presentationsIt is because of this that Virtual Assistants are
- Excel spreadsheetsreporting a dramatic increase in business since the
- internet marketingmedia reports about the recession began.
- web designBecoming a Virtual Assistant actually makes more
- web maintenancesense than being an employee. As an employee,
The list goes on. Some VA's specialize in certain areasyou're dependent on one stream of income, which
such as transcription, while others offer a broadercould dry up at any moment. As a VA, you have
range of services. It's up to the VA what they want tomultiple streams of income because you have a
offer. For each service, there is a market.number of clients. You're not depending on one single
Today's technology allows us to work at home as'entity' for your livelihood.
VAs, with businesses of all shapes and sizes, all overSo if you're thinking of working at home to create your
the world.own form of job security, consider becoming a Virtual
But how would this type of business thrive during aAssistant.