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Over the past 20 years, rapid advances in communications technology (email, cell phones, video transmission and electronic organizers) have made it possible to communicate with virtually anyone at any time in any place. As a result, it is no longer necessary to have every member of a company in one location. Today, services can be delivered remotely by employees or, at even less cost, by Virtual Assistants (VA). Most often, Virtual Assistants are independent contractors with years of experience and access to individuals who can supply admin, sales and management services at a fraction of the cost of hiring full-time staff. It’s a proven business model that has been endorsed by many business leaders. For example, in April, 1999, Bill Gates explained in Time Magazine why focusing on core competencies – and outsourcing the rest – was a good business strategy: “As a business manager, you need to take a hard look at your core competencies. Let another company take over the management responsibilities for the areas of your company that aren’t directly involved in those competencies. Use modern communications technology to work closely with the people – now partners instead of employees – doing the work.” Here are some more reasons why it pays to hire a VA:
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