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First of all, do you have the skills needed to fill the role of a virtual assistant? Virtual assistants will be driven with the need to succeed and be self starters who are suited for self employment. You'll need to be organized too.

Businesses and entrepreneurs who would be interested in your professional services would expect you to be a professional too. Are you capable of setting your own business hours and hourly prices and sticking to your plan? If so, you might find a dream come true in starting your own virtual assistant service business.

There are some set procedures to follow in how to become a virtual assistant. This is a sole proprietor type business and usually begins as an army of one. You will need to lay out a complete business plan covering everything from taxes, licenses and advertising to bookkeeping.

Next you'll want to choose the right name for your virtual assistant business. Make sure you base your business name on words that people would use to locate this type of business. You also need professional and sharp looking logo for business cards and stationary.

Set your hourly rate and don't go too low thinking you'll get more business that way. If you are new to this type of industry, obviously you won't be able to get the top pay of $70 an hour. But don't stoop to the low end of $25 an hour either. Set your rate in the middle at like $35 to $40 an hour and you'll be able to make a good living once you build a customer base.