Virtual assistants often seek growth by acquiring more clients. However, a powerful strategy involves expanding your business by creating a multi-VA company or assembling a skilled team for subcontracting projects. These VAs offer complementary services, enhancing your offerings without direct competition.
The trend of VAs forming multi-VA companies or subcontracting is increasing. Experienced VAs gain the ability to offer a wider array of services, even those outside their immediate expertise. Simultaneously, newer VAs gain invaluable experience, establish their own businesses, and earn income. Operating a successful business demands more than just administrative skills.
This collaborative approach benefits all parties. Established VAs can extend their service range and gain support from emerging talent. VAs also gain backup support. Whether operating a multi-VA setup or subcontracting, you can market your team’s collective skills.
For instance, I expanded my business by forming a team of VAs with diverse expertise. My core service is word processing, but my team provides bookkeeping, real estate VA services, transcription, and website/graphic design. These complementary skills let me offer a comprehensive suite of services. In case of absence or overflow, team members can cover word processing and administrative tasks.
If you’re a VA aiming to grow your business and broaden your service catalog, consider building a team of skilled virtual assistants. The growing virtual assistant industry boasts many talented individuals. This is a win-win for experienced VAs, emerging VAs, and our clients.