How To Calculate The ROI of Hiring a Virtual Assistant (VA) For Your Business
Let’s be honest: as a business owner, you’ve probably got a to-do list longer than the queue at your local pub on a sunny bank holiday. But how much of that list do you actually need to be doing yourself? Enter the Virtual Assistant (VA), a superhero in disguise, ready to save your time, energy, and quite possibly your sanity.
But before you splash out, you might be asking yourself: “Is hiring a VA worth it? What’s the return on investment (ROI)?” Let’s crunch the numbers and look at the bigger picture (spoiler alert: it’s probably worth it).
1. Time Is Money (And You’re Spending Yours Wrong)
One of the easiest ways to measure ROI is by calculating how much time you’ll save by outsourcing tasks to a VA.
Think about it: if you’re spending 10 hours a week managing emails, scheduling appointments, or wrangling spreadsheets, that’s 10 hours you could spend growing your business. Let’s say your time is worth £50 per hour (a fair rate for the genius that you are). Those 10 hours are costing you £500 per week.
A VA might charge, for instance, £30 per hour. If you outsource those same tasks, you’re paying them £300 a week, effectively saving £200 in value—and gaining back precious hours to focus on your zone of genius.
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