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According to a 2016 FSB survey, the average small business spends 33 hours a month on administration. It won’t come as a surprise to hear that over half of small business owners said that their company’s growth is suffering as a result. We consider Virtual Assistant Advantages from a practical perspective.
On average small businesses spend 33 hours on administration every month
|Task||Business Owner||Staff Time||Total|
|Tax||3h 3m||3h 35m||6h 38m|
|Insurance||1h 3m||54m||1h 57m|
|Employment law issues||1h 8m||1h 16m||2h 25m|
|Pensions||56m||1h 2m||1h 58m|
|Health & safety||2h 20m||2h 45m||5h 6m|
|Business banking||5h 3m||4h 15m||9h 19m|
|Employee care/ HR issues||2h 15m||2h 58m||5h 14m|
|Accounting tasks||6h 42m||8h 3m||14h 45m|
|Other||11h 13m||11h 9m||22h 23|
|Total||33h 46m||36h 1m||69h|
The FSB survey demonstrates how significant hours are devoted to administration. This is precious time which could be spent serving your clients, and generating more business.
- generating income
- growing your business
- or doing something else that you are passionate about.
But admin? Really?
What would you do if you had extra time available?
If I had an extra 33 hours every month, I’d spend more time on long walks with my dog.
I’d spend more time at the beach and cultivating my jungle of a garden.
I’d spend more time writing and more time researching nerdy pieces of tech.
What would you do?
Take a few seconds and think…..
Top reasons to hire a Virtual Assistant
Although you might not spend 33 hours a month on administration, I’m sure you do spend a significant amount of time dedicated to these tasks. If there’s one thing I know for sure, it’s that every business spends time doing admin and less time working on the fee earning stuff.
So, what about you?
Is your business getting busier?
Are you spending more time working on time consuming admin tasks rather than on your client based, fee earning business?
Perhaps you need a Virtual Assistant…
If you don’t feel in control of your day-to-day business admin it can prove to be a huge source of stress. Disorganisation can be a major distraction. This is where hiring the right person to help with your business will help, but, you need to choose the right one.
What is a virtual assistant and what do they do?
Many VA’s focus on tasks.
However, in my experience, when your business administration becomes a problem and you’re doing everything yourself, hiring someone to perform one task at a time will be tedious, time-consuming and counter productive.
Instead of focusing on individual tasks and transactions, Saunders & Lee focus on objectives and goals and use these to create a combination of monthly admin support.
The magic isn’t in doing the task, it’s in the ongoing relationship.
I will work in partnership with you, to help you achieve more, improve quicker and as a result, your working life will become a whole lot simpler.
The longer we work together the better it gets!
If you want to gain more precious hours, more energy, more focus and make faster progress in your business, don’t rely on a leap year to generate more time – the next one isn’t until 2020!
Instead, think about the areas of your business that leave you feeling frustrated, aggravated and scratching your head. Look for a Virtual Assistant who will support you, share your vision and be excited by your goals. This is where the true advantage of a Virtual Assistant lies.
Your business may seem complicated, but a talented Virtual Assistant will get to grips with it pretty quickly.
If you are interested to learn how a Virtual Assistant can help you and your business, take a look at some of our recent posts below.
Virtual Assistant Advantages
If you have any questions or would like to discuss how Saunders & Lee can assist you, call us now on 01223 803666.