The virtual assistant business is booming. Businesses have realized the advantages of hiring someone to help them with their business tasks. As a virtual assistant you can work to meet the needs of any and every client or you can change your tack and specialize in one or two areas of business.
Have you heard the phrase, “Less is more”? It’s true when you are talking about virtual assistants. A general virtual assisting business lets you take in clients from all walks of life. That’s good if you like that, but sometimes the learning curve can be quite big with certain projects. When you specialize, the client gets the benefit of your accumulated knowledge on each and every project.
The reason you started your virtual assisting business in the first place was to go to work for yourself. Going into business as your own boss shouldn’t be an unhappy proposition. If it’s not a law it should be, wouldn’t you agree? As the person in charge, you have the right to decide what work you do or do not do.
Take your virtual assistant business to the next level with niching. Niching involves tightening your business plan to include one main area of expertise. When you stick to one thing, you become good at it. You can even call yourself an expert in the field. Clients will pay a lot of money to work with someone who knows their stuff. You can be that person.
How do you specialize? First, decide what services you enjoy doing for your client. It could be website design, social networking, handling personal matters or another area altogether. Many virtual assistants worked in the public or private sector before they became entrepreneurs. Use that knowledge to create a niche for your new business.
Reasons to Niche
The first reason is more money for your services. Because you provide the same services to all your clients, you can ask for a higher rate. You can make the same profit that you did before but with fewer clients.
Secondly, niching lets you work at something that you love to do. It is a proven fact that when you are happy, you work better. That goes for employees and business owners. You gladly answer questions for customers or take on a trying task.
Thirdly, you can keep your clients satisfied with great customer service and job integrity. Your clients get your best work always and will recommend you to others. You build a solid faithful client base.
Specializing as a virtual assistant is a way to increase your business. Clients get an expert in the field and you get to work a business that you love.