How is a virtual assistant salary put together, and how is it structured? Well, the answer really depends on what kind of business set-up you have. As a starting point, though, remember that there are two main ways to charge a client – either an hourly rate or a package deal – and both have their place. Ready to settle the great rate debate once and for all? Let’s dive in. Explain hourly ... Read on
Let’s get Fiscal
Hi! Thanks so much for sending in your question about international clients and GST. Unfortunately, we are unable to provide financial advice or answer financial questions like this one. What we can say is that it IS a good question, and it IS worth confirming the answer before you charge GST. You may find this ATO article useful, and you should speak with a qualified accountant to ... Read on
Price, price baby
This is a great question, because uncertainties around pricing are probably the most common concern for Australian virtual assistants and online business managers. There’s also a lot of fluctuation in the answer and surprisingly, this is a good thing. We’ll unpack why a bit later — but before we get into the technicalities, let’s talk about you. Take a breath. We know pricing ... Read on
Free online courses with Deakin
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VIC ONLY: Certificate IV in Accounting and Bookkeeping (FREE @ VIC Uni Polytechnic)
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VIC ONLY: Certificate IV in Accounting and Bookkeeping (FREE @ South West TAFE)
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Virtual Assistants Insurance Program from IME
Insurance Made Easy (IME) provides a competitive insurance offering for all Virtual Assistants. With over 20 years of experience supporting small to medium businesses with their commercial insurance needs, they are well-positioned to support Australian VAs with advice on Professional Indemnity, Public Liability, Cyber and other business insurance requirements. We can’t stress enough that Thought ... Read on
Debt Collection Templates
Looking for the right words to use when chasing a debt? When we're asked about bad payers, we generally recommend getting your clients on pre-paid retainers for ongoing VA work and paying deposits for project work. Either way, it is important to ensure that you have a signed agreement in place before any work commences. Also, don't underestimate the power of a phone call! Try these ... Read on
Double the Hustle
According to the Australian Taxation Office, you can conduct any number of businesses/activities under the same ABN provided they all operate under the same business structure. If your second or subsequent business operates under a different structure, you will need to apply for a new ABN for your virtual assistant business. While the requirement to update your ABN if your main business ... Read on