Virtual Administrative Assistant

Solo professionals and small business owners such as contractors, real estate agents, consultants and clinics who have no time or budget for a full-time employee.

Hourly rate or a monthly retainer for a set number of hours. Regular clients on retainer give steady income, and you can raise rates as you take on more specialized tasks.

• Organized and detail-minded
• Clear written communication
• Comfortable with email, calendar and office software
• Discretion with client information

• Check whether your city or county requires a business license or home occupation permit
• Consider general liability or professional liability (errors and omissions) insurance
• Protect client data and passwords, and put confidentiality terms in your contract
• Set aside money for self-employment taxes and ask a tax professional about quarterly estimated payments
• Avoid relying on one client for most of your income

Startup costs are typically around $200 to $1,500, depending on the software, equipment and any insurance you choose. Because you work from a home office, there is usually no premises cost to cover.

Monthly revenue is typically estimated at around $600 to $4,000, depending on how many clients you take on and your hours. Many people start at about 8 hours a week, and relying on one client is a risk.

Check whether your city or county requires a business license or home occupation permit. Consider general or professional liability insurance, protect client data with confidentiality terms, and ask a tax professional about self-employment taxes.