I wrote a post recently about how many clients you might have? There was a reason for this and it's becoming evident from the number of newer VAs I'm speaking to. I say 'newer' as some have been operating for well over a year but they still fit into this category. And what is that? Only one client and earning a small amount per month. The reality is that still isn't a business and could be viewed as a hobby by the ATO (I'm talking the Australian Tax Office here) and therefore may explain why … [Read more...]
How many clients do you have?
This isn't meant to be a competitive question at all, but designed to make you think about how important your business is. If you're running a business then you MUST have more than one client. There are all sorts of reasons why. For example, if that one client didn't want to do business with you anymore, or lost their business, or passed on, then you'd no longer have a business, would you? However there are other good reasons, including being able to prove to the tax dept that you are running a … [Read more...]
