Outsourcing Your Property Business

What is a Virtual Assistant, and what can they do?


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In this week's episode, Latoya McDonald discusses Virtual Assistants and how they can benefit your business and your social life.

 

KEY TAKEAWAYS 

  • Instead of hiring a full-time employee, a Virtual Assistant (VA) is a contractor who can complete set tasks for you within an allotted number of hours a month.
  • Virtual Assistants are located around the world, though Latoya chooses to hire one based in the UK.
  • Virtual Assistants often work out cheaper, as you don’t need to pay employment tax and holiday pay.
  • Ensure your Virtual Assistant is working for more than one business; otherwise, they may be considered your employee, and you’ll be liable to pay employment tax.
  • Latoya found her first UK-based virtual assistant on Fiverr.
  • You’ll still need to train your Virtual Assistant in the systems and processes of your business, so be prepared to dedicate time to do so.
  • Virtual Assistants are available for most of your work and personal life tasks, including managing your calendar and organising your weekly food shop.

 

BEST MOMENTS 

“Each VA is different in what they’ll do for you.”

“I have a VA for the day-to-day tasks in my business, and shortly I will also have VA for my social media and marketing only. I don’t want one VA doing it all in case they leave. I want to spread my risk.”

 

CONTACT METHOD

Store: https://stan.store/Outsourcing_Your_Property_Business

Facebook page: https://www.facebook.com/outsourcingyourpropertybusiness

Facebook group: https://www.facebook.com/outsourcingyourpropertybusiness

Youtube: https://www.youtube.com/channel/UC8RnL3J1m-bPDhCBtRisuVQ

Instagram: https://www.instagram.com/outsourcing_your_property_biz/

Tiktok: https://www.tiktok.com/@outsource_your_prop_biz

ABOUT THE HOST

Latoya McDonald started her property career in her teens as a Real Estate agent before relocating from New Zealand to England in 2011.

 

In 2012, she started Harcourt White, a lettings and property management company based in Cornwall. With a keen interest in HMO, local property investment, and systems and procedures, Latoya is passionate about coaching like-minded property investors to get the most out of their businesses while maintaining a healthy work/life balance.

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Outsourcing Your Property BusinessBy Latoya McDonald