As you move forward with this venture you will eventually arrive at this point where you really need to sit down and consider the possible costs you are going to incur before you’ve even started. The beauty of being an Administrative Consultant is that the start up costs are relatively low in comparison to other business. Your basic equipment would be your computer and an excellent internet connection but there is more to the business than meets the eye so we can look at a few points to mull over.
So you’ve checked out the competition and determined who your target clients are (local or virtual), so the next few tasks require action on your part. It’s time to put your money where your mouth is and get this show on the road so to speak! Success or failure depend on your next steps and many who have tried to make it as virtual assistants found that this was the part that let them down as they were not prepared enough.
In my town I see businesses come and go so quickly I almost miss them. One week there will be a great little shop selling the most amazing hand-made items but the next time I drive past it, it houses a team of lawyers. Many businesses die within the first six months of opening mainly due to a lack of forethought and planning. How can you potentially avoid that mistake and make a success of your business? Well, before you consider setting up a business, any business you must think about budget, goals, clientele etc while at the same time being careful of unrealistic expectations. What you need is a business plan.
