Cost Vs Quality

As a business manager or business owner the decision of who performs the work or tasks is yours. You review your options and make the decision based on several factors. Two of the factors that play a leading role are cost and quality. Your business must show a return of investments or ROI, so this may have your leaning to the cheapest option. Understanding the investment and planning for the business’s future could have you considering the option with the highest level of performance and quality.

The old saying is true that you get what you pay for and when you select the more economical or cheaper source to perform the tasks you might be surprised to learn who is performing the work. The lower the cost per hour typically results in a less experienced, skilled, or trained person performing the work. Always keep in mind experts and experience in a field will require a higher cost per hour. Paying more per hour may result in a higher cost per hour, but could have the potential to generate more revenue justifying the higher cost per hour.

The quality level of the work performed is a direct reflection of your business and can grow your business or send customers to your competition. When you are selecting who will perform the work, select the candidate that provides you with professional grade quality and takes your business forward. Poor quality work is negative for branding, reputation, and referrals. Making the investment in a professional that provides high quality work will build your business.

Cost and quality are two factors that you must consider when hiring the company or person that will work as an extension of your business. Understand how each impacts your current and future business, so that you are able to make the best decision. Consider a Free Business Analysis from BizEBee Virtual Assistants to assist you with your decision. Our Assistants are experienced, skilled, and certified with a passion for administration and helping businesses to succeed. Contact BizEBee, 202-469-6774 or admin@mybizebee.com.     

Delegate Which Tasks?

You hired an assistant to delegate work and help you have more time to focus on growing your business, but now you are not sure what tasks to delegate. Many business owners hire an assistant and then have fear or concern over what tasks to trust the assistant to perform. Trusting someone else with your business is hard, but understanding what tasks to delegate will help you delegate tasks easier.

First, take an inventory or make a list of each task you currently perform daily, weekly, or monthly for your business to function. Make sure to include all tasks even the small ones to your list as this will help you to view your full workload. From this list mark off any tasks that requires your direct interaction such as meeting with clients.

Second, with the remaining tasks that does not require your direct interaction ask this question, “Does the task generate revenue?” If the tasks generate revenue highlight the task in green to represent money producing task. The remaining tasks on your list will be administrative or maintenance and these should be the first tasks to delegate to your assistant. Once your assistant is performing the non-revenue tasks, it is time to review the money producing tasks that your perform.

Third, from the list of money or revenue producing tasks review and categorize the tasks into two categories. The first category is long term or future revenue tasks such as potential or future customers. The second category is revenue or money producing tasks that generate current revenue such as current business orders or current customers. Start delegating the long term or future revenue tasks to your assistant. This will provide you with more time to focus on your current customers or business deals.

Following these simple steps allow you to delegate tasks to your assistant and build more time in your schedule to grow your business by increasing revenue potential. If you are looking for an assistant or would like a free business analysis to discover more ways to improve your business contact, BizEBee Virtual Assistants, 202-469-6774 or admin@mybizebee.com and put our experience and knowledge to work for you. 

Virtual Assistant - Extension of Your Business?

As a business owner you are always looking for ways to grow and reach your business goals. One way that you can achieve both is hiring a Virtual Assistant that specializes in your business industry. An experienced Virtual Assistant will work as an extension of your business.

Business Consulting- Virtual Assistants put their skills, experience, and knowledge to work to complete tasks that you assign the virtual assistant and consult with you about other areas or services that can strengthen and build your business.

Professional Level Quality- When a Virtual Assistant is specialized in your area of business the quality of work that is completed for your business is higher and reflects well on your business. This ensures that your business has the edge over the competition.

Relate to Market- Your customer base and market is as unique as your business. The Virtual Assistant that you hire should have the ability to recognize who your customer is, what your customer expects, and how to build your business to expand your market or customer base. Knowledgeable Virtual Assistants invest time to fully understand your business market and customer base.

Business Goals- Virtual Assistants are dedicated to the success of your business. This is achieved by the virtual assistant helping you to reach your business goals and experienced virtual assistants setting goals for their work to take your business to the next level.

When you select the right Virtual Assistant you have the ability to expand and grow your business. If you are looking for a Virtual Assistant that will be an extension of your business contact BizEBee Virtual Assistants, 202-469-6774 or admin@mybizebee.com.