As the economy starts to recover in 2023, should businesses start to consider hiring a Virtual Assistant so they can minimize cost without compromising their productivity?

According to the U.S. Economic Outlook for 2023, the U.S. is on a soft landing with slow economic growth in 2023 and is expected to pick up better in 2024.  With a prolonged recession lasting until next year, outsourcing business processes can be one of the best solutions to cut risks and costs.

Another milestone for 2023 is the development of AI or Artificial Intelligence.  Chat GPT is one of the highlights of this year letting us know that the robots are here and the future is now.  This only shows that the business world is fast evolving and you don’t want to be left behind.

Although automation can bring many benefits to businesses and entrepreneurs, having humans do the work is still incomparable.  So how are you going to reconcile the fast-changing trend in business and cost-cutting?  Hiring a Virtual Assistant can be a good solution.  As a professional who can provide administrative, technical, and creative support, Virtual Assistants can do a lot for your company.  With the increased demand for remote work, we cannot ignore that having a VA can become an integral part of your business.

So the question remains.  Is hiring a Virtual Assistant worth considering for your business?  I think before you answer that, you have to answer first the following questions:

1.  Do I want to cut operational expenses?

2.  Are there work or business processes in my company that can be delegated to a remote worker?

Although the world economy is now recovering, it is vital that businesses should still be conservative with operational expenses.  This is not yet the time to take high risks.  It is better to still have some grain in the barn while the drought is still here.

Majority of a company’s expense is in employment.  Imagine if you can minimize this.  Outsourcing can actually save you up to 70% in employee expenses.  With a Virtual Assistant, you don’t need to pay for holidays, no taxes, and no benefits needed.  That’s a lot of savings for you.

Your next consideration now is if you have enough work to delegate to your Virtual Assistant.  This is very important as many of our clients feel that having a VA is not working for them and the main reason is they do not know what work to delegate.

So if you answered YES to both questions above, then hiring a Virtual Assistant is the way to go for you in 2023.

Let us know what you think.