Increase Your Service Business Profits PLR Ebook

Table Of Contents

What Subcontractors Can Do For You As a Virtual Assistant 3
Benefits for Subcontractor and Service Provider 5
Ten Tips to Hiring Trustworthy Subcontractors 7
Communicating With Your Subcontractor 9
Choosing The Right Subcontractors 11
Paying Your Subcontractors 13
Importance Of A Trial Period When Hiring Subcontractors 15
How To Retain Clients When Subcontracting 17
Do What You Do Best By Hiring Subcontractors 19
Building A List Of Subcontractors 21

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What Subcontractors Can Do for You…
as a Virtual Assistant

As a successful home-based service provider you will soon realize, if you haven’t already, there are not enough hours in the day for all the projects you could be working on. You also may have discovered that you don’t have the skills necessary to complete every task your clients – or potential clients – need.

You may have already turned away clients when your project calendar filled up, sent clients to a colleague or tried to meet their needs with disastrous results. Have no worries, it’s happened to the best of us, but that doesn’t mean you’re stuck with too much work, not enough time and There is a better way.

1. Subcontractors Can Take the Extra Work

By hiring subcontractors, you can increase your workload exponentially. For example, let’s say you schedule twenty hours of work in one week for two clients. By hiring a subcontractor, you can schedule in two more clients for another twenty hours of work that week.

Because the subcontractor charges less than what the client is paying, you still make a profit on those extra hours, even though you did not do the work yourself. In this situation, you serve as a project manager, quality control officer and client liaison. In other words, you hand out assignments, inspect the work to make sure it’s up to standards and communicate with the client and with the subcontractor.

2. Subcontractors Can Add New Skills

Hiring subcontractors with a complementary skill set can also help you expand your services. For example, if you are a virtual assistant specializing in writing blog posts for your clients, you could hire a web design subcontractor to help those same clients set up new sites or change the design of existing ones. This way, the client can continue to work with you, the trusted VA, and you can meet more of the client’s needs. This means more money for you, money for the subcontractor and happier clients.

3. Subcontractors Mean Less Paperwork

Subcontractors also come with a special set of benefits that you wouldn’t get from hiring employees. A subcontractor comes with her own office, her own equipment and her own training. She often is running her own service business and therefore has a stake in making a good name for herself – and for you. The subcontractor is also responsible for her own taxes, sets her own hours and is usually self-motivated. You only pay her for the actual work she does and you are also usually not her only client.

On the other hand, an employee needs space in your office and you need to provide her with equipment and training. While there are good employees available, you could easily end up with someone who simply wants a paycheck, regardless of whether or not she worked for it. You would also need to set her hours and pay her for the hours she is “on the clock” even if she’s reading a book half the time. In other words, if there is no work, you still have to pay the employee. And then there is the whole business of withholding taxes and Social Security and other paperwork that goes along with employing someone.

Growing Your Business with Subcontractors

Hiring subcontractors can be a relatively inexpensive way to grow your business quickly and efficiently. It’s a win-win situation for you, the service provider who gets the help she needs, and the subcontractor, who gets the work she needs.

Benefits for Subcontractor and Service Provider
The relationship between you, as a service provider, and your subcontractors is beneficial on both sides. The fact that you’re making your clients happy and your subcontractors are getting work is just the tip of the iceberg.

Growing Your Business with a Team

One of the most important lessons you learn as a home business owner is that you can’t grow your business alone. If you’re working alone and you can’t outsource projects to others, than all you have is a job. If you get sick, have an accident or just want to go to Disney World, you’re stuck, because you’re the only one who can run your business.

Additionally, if you’re the only one doing the client work in your business, you’re not going to have enough time to do the marketing necessary to bring in more clients. You need more clients to replace those that move on and to continue to grow.

When you hire a subcontractor, you can hand off portions of your projects, or even the whole project and take a management role, freeing up your time to grow your business, while still maintaining quality and timeliness.

Your Management Role

If you are a virtual assistant, you’re role is to serve as a manager for your clients projects. You most likely have a lot of experience with your target market and with individual clients. So you know what is expected in terms of work quality and deadlines.