I recently became a SAHM after working as an Admin Assistant / Office Manager. I am looking to bring in some extra income to replace a portion of what was lost. My idea is to put an ad in our local community paper offering my services as a "virtual office assistant" for small business owners (mass mailings, data entry, spreadsheets, presentations, etc...). (We have a HUGE amount of small business owners in my community.)
My dilemma...How do I price myself? I would rather be paid an hourly rate based on the number of hours spent to complete the project. However, I know there will be some who want to pay per project, establishing the price up front. I know I could price myself at my hourly rate based on how long I think the project will take me to complete but my fear is that I will grossly underestimate and end up working for pennies. Also, I will need to figure in the cost of my supplies (printer, paper, ink, etc...).
Any advice on how to formulate a set fee or estimate the amount of time a project would require?
Any small business owners out there who use a "virtual office assistant"? I would love to hear about your experiences.
My dilemma...How do I price myself? I would rather be paid an hourly rate based on the number of hours spent to complete the project. However, I know there will be some who want to pay per project, establishing the price up front. I know I could price myself at my hourly rate based on how long I think the project will take me to complete but my fear is that I will grossly underestimate and end up working for pennies. Also, I will need to figure in the cost of my supplies (printer, paper, ink, etc...).
Any advice on how to formulate a set fee or estimate the amount of time a project would require?
Any small business owners out there who use a "virtual office assistant"? I would love to hear about your experiences.
