How Virtual Assistants Can Earn More Money by Spending Less

The lesson was…your bottom line is more than just your revenue. It is all well and good to bring in six figures, but a little less impressive if you spend more than half of that money on “expenses”. Training and tools are good, but so is investing in your business or actually bringing in more money. But the effect of the “waste” goes beyond just not having the money, the opportunity costs multiply the loss. Over years, that $10 a month subscription could end up being very expensive.

Here are some places where most online workers could plug up some holes in their business budgets.

Subscriptions and Monthly Continuity Programs There are many tempting offers out there for masterminds, monthly support groups, newsletters, web-based tools etc. Some bill monthly, but some of the trickier ones bill yearly or every six months. I try to pay for most of my subscriptions through paypal so that I can easily discontinue the subscriptions I no longer need. I also do a quarterly audit of all my subscriptions to ensure that I am still using the ones I am paying for.
Payment Gateway Fees Online fee processing fees can really add up. Once you have an established online business, it pays to shop around for the best deal on payment processing. This often ends up being a standard merchant account rather than paypal. As part of a quarterly review, you should look at the fees you are paying and make sure they are as low as they can be.
Web Tools Many web tools (such as shopping carts, article submission services, audio services, etc.) charge a subscription fee for you to use them. Many are worth their fee many times over. But, you should review all tools every couple of months to make sure that you are not paying for tools you are not using.
Not Giving Yourself A Raise Even in tough times, small business owners (especially virtual assistants) need to raise their prices to keep up with increased cost of living. The key is to give advance notice to clients and to raise rates in small amounts on a regular basis.
Affiliate Income Virtual Assistants and other home business owners are constantly recommending tools for their clients. Many of these tools come with affiliate programs where you can earn some extra money for referral. The client doesn’t pay any more for the tool and you can earn a (sometimes hefty) percentage just for passing on a heartfelt recommendation.
Time Tracking It is also very easy to lose money by not billing your clients for your actual hours worked. One of the easiest holes to plug is to start tracking all those “quick favors” and “quick replys” that sometimes turn into real projects.

Some Tips on Holiday Accommodation

Your stay in vacation hotels has no small part to play in influencing the level of enjoyment you will derive from your trip. Hotels not only provide an overnight resting place for weary vacationers, they can also enhance your holiday in many ways with the right location, services and amenities.

It is therefore important that you spare no expense in booking vacation hotels that are ideal for your travelling party. This would enable to you to enjoy your destination to its fullest. Resorts and regular hotels are the two main types of vacation hotels, and I shall offer some tips that you can bear in mind when considering to stay in either.

Resorts are a hub for vacationers’ holiday needs and are home to hotels and a wide range of recreational amenities such as beaches, restaurants, theme parks and spas, among many others. Therefore, vacationers can find just about everything they require for a relaxing and entertainment holiday in one location without having to venture outside.

Resorts come in several different forms such as beach and ski resorts. Located within walking distance from the coastal zone, beach resorts are a favourite with people who love the sun, sand and are eager to engage in water sports such as windsurfing. Ski resorts, on the other hand, are ideal for fans of a wintry environment to get their adrenaline fix by skiing down the snowy slopes in the vicinity.

If you are a holidaymaker who wishes to stay in a designated area while enjoying everything that it has to offer, a resort holiday is for you. In particular, resorts are an excellent choice for families on vacation because they have various amenities that can cater to different family members without having them to be far apart from each other.

For instance, children can have the time of their lives in water parks and playgrounds while adults can seek ultimate pampering in the spa or indulge in retail therapy. You may also consider a resort stay if the main purpose of your trip does not involve touring around or if you do not like having to change hotels every other day.

Similar to resorts, there are also many variations of standard hotels, including 5 star hotels, boutique hotels and budget hotels. However, such hotels do not have as many leisure facilities as resort hotels, although there are some opportunities for recreation in the form of spas, swimming pools, restaurants or pubs, depending on how luxurious the hotel is.

Before deciding which kind of hotel and amenities is suitable for your vacation, you may like to assess your hotel budget, what you expect from a hotel stay and the specific needs of your travel companions. For instance, a motel stay for the night is suitable for those travelling long distances on highways to reach their next destination.