ROI

When it comes to spending smart money on your business 

understanding the return on your investment (ROI) is important to your business bottom line.

  • Is it time for you to out­source work?
  • How much are you worth in terms of an hourly rate?
  • What kind of work do you do that can be delegated?

By work­ing with a VA who will free up your time for rev­enue pro­duc­ing activ­i­ties, you will be able to gen­er­ate more income for your business.

Take the case of the hypothetical speaker

She charges $1,000 per speak­ing engagement.

She’s only able to sched­ule 10 engage­ments per month because she has to take care of busi­ness 20 hours per month.

Income = $1,000 x 10 = $10,000

If she had those 20 hours back, she could sched­ule 3 addi­tion­al engage­ments each month.

Addi­tion­al income = 3 X $1,000 = $3,000

If she paid her vir­tu­al assis­tant $900 (an out­sourc­ing cost and there­fore a tax deduc­tion), she would enjoy an addi­tion­al $2,100 per month net prof­it, which amounts to $23,100 in addi­tion­al income per year (with a month off for vacation.)

What would your ROI look like?

You can send me a mes­sage here.

 

Karen is detail ori­ent­ed with excel­lent organizational
and time man­age­ment skills.

Joseph E. — The Hene­han Company