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One of the most common concerns with a new Virtual Assistant faces is what to charge for his/her services A common mistake made by new Virtual Assistants is underestimating the value of their services The more specialized your service is, the more you may be able to charge for those servicesHere are some guidelines for setting your rates:Peek in on your competitorsVisit other Virtual Assistants' websites to see what they are charging for similar or the same services Look for areas you can improve and perhaps provide a service that they don't Find your USP (Unique Selling Proposition or Point) In other words, what sets your business apart from others'Calculate your expensesYour price should at least cover your expenses Expenses can include but are not limited to: Your Time (Yes, I said your time) Office supplies, Equipment, and Software Marketing (Online and Offline) Rent/Mortgage Utilities (Electricity, Gas, Telephone, Water, etc) Taxes Insurance (Business, Health, etc) Web Hosting and Web Maintenance Travel and Transportation Continuing Education These are just a few that I can think of off the top of my head Once you have calculated your expenses, you will have a general idea of what you need to cover them Of course you don't want to just cover your expenses, but make a profit as wellPrice your services according to your target marketYour target market is another factor to consider before setting your virtual assistance price list If you target business executives, then naturally you could charge them more than you could college students Why? Wellcollege students may be on tight budgets, work part-time, and/or may still be depending on their parents for financial assistance Business executives are pretty much established and tend to have bigger budgets Do you catch my drift?Price your services according to supply and demandIf you provide specialized services and the demand is high but the supply of VAs offering the same services is low, you can charge more for those services However, if the supply is high, you may want to consider being more competitive with your prices If you want to lower your prices and still make a profit, you will also want to cut your expensesAfter considering all of the above, it should give you a general idea of how to set your virtual assistance price list This is just a basic and general guideline so nothing is set in stone :) If you're an aspiring Virtual Assistant, claim your free e-report "Virtual Assistant Business: A Basic Guide to Start Your Own" at http://wwwvirtualassistantbusinesscom VirtualAssistantBusinesscom is a resource site for current and aspiring Virtual Assistants Article Source: http://EzineArticlescom/?expert=India_Jordan ?>