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Profit Growth Strategy #3 For Virtual Assistants
As an expert Virtual Assistant who focuses on more than a single niche, you will q.uickly learn your clients' products and services, and may actually be instrumental in the creation and implementation of some of them. With this knowledge, you can help your clients create new profit streams by creating downloadable reports, white papers or e-books. These profit streams can provide you more billable hours, a partnership in profits with your clients and client loyalty.
Practical Practice Management for Law Firms (Part One)
Most lawyers are good at understanding and interpreting the law. What they are not good at, in many cases, is running a business. A law practice is just another business and needs to be run as such. Why don't some lawyers get this?
Billable Hours - Strong Business Credit Options
BILLABLE HOURS While the term "billable hours" is most commonly associated with law professions, this concept should be used by all business owners. It's important to set the minimal hourly rate you want to earn as a bottom line.
Working At Home Gives The Freedom To Wreck Your Business
Veteran work at home professionals have a lot of valuable experience to impart on making working from home an effective and productive way to earn a living. There are lots of benefits - being able to work in your bathrobe, and deciding on taking a nap in the middle of the afternoon are just two of them, and they aren't even covering the benefits on your taxes.
Self Employed: What Goes into Your Billable Hour?
How do you determine what hours are billable? Click here to find out what billable hours you can charge to the client and what are the overhead hours.
Service Pricing Strategy: 3 Steps to Finding your Average Billable Hours Target
So how many hours a year can you realistically bill if you have a growing practice? What should be your target billable rate? Have you set your own goal for billable hours this year?
Truth in Numbers
Why Outsourcing your Bookkeeping Makes Cents Many people still associate outsourcing with manufacturing or global workforces, but it is much more. Outsourcing is an efficient way to manage special projects or overflow, expand staffing resources, and grow your business. Many businesses outsource critical business tasks that require specialized knowledge such as bookkeeping.

The Value of Outsourcing
The Value of Outsourcing - "I'm too small to hire staff" say many entrepreneurs. But that's an expensive assumption to make. In this article, you'll read why paying someone else to do specific parts of your work actually makes good business sense, and can set you up to grow your business faster and more effectively. Think your business is too small to staff? Think again! Keep an open mind and read this article and you just might post a "help wanted" sign!

Entrepreneurs Need Accounting Education
No idea is so great that you can avoid accounting for it. Proper accounting is a necessary process for a successful entrepreneur to employ. You must keep detailed records of monetary transactions involved in the creation and sales of your business. Without them, you and your business will fail.

The Ten Golden Rules of Sales Force Productivity
Successful sales people bring in lots of deals, no matter at what cost. Productive sales people bring in lots of high-profit deals, at manageable costs, retain more customers, and are happier at their jobs. Here are the Ten Golden Rules of Sales Force Productivity.

Vision, Innovation, and Teamwork
Vision, innovation, and teamwork are the components for success that this president has chosen for creating a high-performance organization.
Is Your Business Bi-Polar? How to Better Manage Your Cash-flow Highs and Lows
Strategies to ensure that your business stays on an even keel, with steadily increasing revenue.
Business Coach or Executive Coach: These are the Top 7 Reasons Why You Need A Pricing Schedule
Are you a business coach or executive coach? Do you have a pricing schedule? If your goal is to increase sales, maybe this is the place to start.
Strategies To Increase Fees Performance From Your Strategic Thinking Business Coach
Professional service firms are still struggling when it comes to increasing their professional fees & improving their performance. Too many firms are doing business basically as outsourced labor & getting paid strictly on number of hours of billable time plus expenses. The missing ingredient is not getting paid for the “value” they are providing to the client, which should always exceed the cost of the billable time. Some readers are already saying that this billing on “value received” will not work & will not be accepted. With that being said, I will attempt to outline some strategies that I believe will enable a professional services firm to increase their professional fees and improve their performance. Your Strategic Thinking Business Coach offers the following strategies:

Other billable hours Related Articles

Increasing Readability Power Words
You first have to realize that thousands of hours are invested by the world's greatest admen trying to figure out what motivates people to buy. . .especially when it comes to writing headlines for ads. Believe me, it's not an easy thing to do. It takes hours and hours of work and testing to finally come up with the one headline, phrase, offer, etc. that out pulls the rest.

Entrepreneurs Business Falters When Time Bosses You
Business has the same amount of time that everyone else has – 24 hours. Yet, business must cram 24 hours into 8 to 10 hours. This creates a situation where time sometimes become the boss. Read on how to avoid this scenario.

Strategies To Increase Fees Performance From Your Strategic Thinking Business Coach
Professional service firms are still struggling when it comes to increasing their professional fees & improving their performance. Too many firms are doing business basically as outsourced labor & getting paid strictly on number of hours of billable time plus expenses. The missing ingredient is not getting paid for the “value” they are providing to the client, which should always exceed the cost of the billable time. Some readers are already saying that this billing on “value received” will not work & will not be accepted. With that being said, I will attempt to outline some strategies that I believe will enable a professional services firm to increase their professional fees and improve their performance. Your Strategic Thinking Business Coach offers the following strategies:

Service Pricing Strategy: 3 Steps to Finding your Average Billable Hours Target
So how many hours a year can you realistically bill if you have a growing practice? What should be your target billable rate? Have you set your own goal for billable hours this year?
First Write-Off
Write offs are difficult to avoid. Most business, sooner or later, will see some expected income lost. Most of the time it is real loss, since you lost either billable hours or inventory. Although it is difficult to look at it in any good way, you may be able to find ways of making lemonade out of this lemmon.
Self Employed: What Goes into Your Billable Hour?
How do you determine what hours are billable? Click here to find out what billable hours you can charge to the client and what are the overhead hours.
Billable Hours - Strong Business Credit Options
BILLABLE HOURS While the term "billable hours" is most commonly associated with law professions, this concept should be used by all business owners. It's important to set the minimal hourly rate you want to earn as a bottom line.
Profit Growth Strategy #3 For Virtual Assistants
As an expert Virtual Assistant who focuses on more than a single niche, you will q.uickly learn your clients' products and services, and may actually be instrumental in the creation and implementation of some of them. With this knowledge, you can help your clients create new profit streams by creating downloadable reports, white papers or e-books. These profit streams can provide you more billable hours, a partnership in profits with your clients and client loyalty.
Profit Growth Strategy #7 for Virtual Assistants
Yesterday you learned how to leverage your highest priced billable hours. Today you are going to learn what to do with those tasks you don’t care to do or don’t get paid well enough to do. This profit growth strategy is often neglected but can be worth millions of dollars and many more hours sleep over the course of your career.
Answering Service Helps Increase Profits
Using a telephone answering service can help increase profits by adding billable hours and increasing leads by capturing after hours calls.

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