Virtual Assistant Business Plan – Your Roadmap to Success
Drafting a business plan is one of the best things you can do before starting your VA business.
A Virtual Assistant business plan sets the path to enhance your business success and the links at the bottom of this page will give you a step-by-step overview on how to write an effective business plan for your Virtual Assistant business.
Having a finished home based business plan in hand is quite important…. but the real value is in the process. To research and think about every aspect of your business gives you the opportunity to look at your ideas critically.
Thus, regard your Virtual Assistant business plan as a compass to guide you into the direction you want your business to go into and determine the direction that will give you the best possible chance of success.
Why is a Virtual Assistant Business Plan Important
Drafting a business plan helps you tovirtual assistant portfolio
Examine the details of your business
Manage your business
Obtain Funding
When Should You Use Your Business Plan
I honestly believe that your business plan should be a work-in-progress. It is not something you do once and then forget about it. It is a working document that evolves as your business grows and you should use it on a regular basis.
Regard it as a roadmap – it will initially help you set the path and as your business grows it will keep you on track.
You can use your business plan…
During the start-up phase
Day-to-day
The day-to-day value of a business plan is to:
- measure your active progress
- test your initial planning assumptions
- guide and adjust your financial forecasts
- predict ongoing capital and cash requirements
- use as the standard for good operational management
Tip: Update and maintain your business plan on an as-needed basis.
Elements of a Virtual Assistant Business Plan
Below are typical elements/headlines that you can use to create your business plan.
Each element is broken down into several components to make drafting your plan more manageable. Use the different links below to access the specific detailed information and use / adjust it to suit your specific needs.
Executive Summary
Company Description
Marketing Section
Financial Section
Addendum
Remember that every successful virtual assistant business plan should at least include some information about each of the above elements.
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