Whether you are an entrepreneur or an executive, time should always be regarded as a valuable commodity. Managing a successful business requires addressing the variables in the profitability equation: costs and revenues. With many items on the agenda to attend to how you manage your time will determine your level of productivity. Thus, the best time to hire a Virtual Assistant is now!
As the global business environment continues to remain volatile and uncertain with economies saddled with debt, unemployment rising, stagnant demand and the breakdown of many political structures, companies must find ways to remain profitable. This means adapting strategies that keep costs manageable without compromising productivity.
One of the proven strategies is to outsource work notably non-core functions or those that fall outside the businesses’ core competencies. This is why outsourcing work to virtual assistants has been increasing in popularity in the United States, the world’s most powerful economy. In 2014, it was estimated that 30% to 45% of the US workforce was composed of virtual assistants. This number is expected to increase to 50% by 2020.
A Virtual Assistant is a person who works online from a remote location and contracted to manage a specific set of tasks, project or defined responsibilities. They are alternatively referred to as “home based workers”, “telecommuters” or “freelancers”.
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