There are many benefits of starting an online virtual assistant business. It is faster to start and is very affordable. There is a low or very low overhead cost involved when you already have the equipment (computer, software, internet) to start working. You just need the required skills to get started, you do not need a degree, certificate or work license. You can decide what service you will provide and to what industry. You can also set your own schedule to work.
While there are many perks to virtual assistant business there are also drawbacks like you need to have a network of people ready to hire you, you need to stay cost effective for customers that mean low prices and you also need to stay updated with latest technology and service trends in the industry. Other than that, receiving payment from customers placed in other parts of the world is difficult as these customers prefer to pay through the channel they like. Many times, the payment channel is not accessible in the home country of the virtual assistant, e.g. a big portion of these customers will pay through PayPal but PayPal is not available in most African and Asian countries. Click here to read entire article
Source:: Ventures Africa