Virtual Assistant Business Plan Template [Updated 2024]

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I. Executive Summary


You can download our Business Plan Template (including a full, customizable financial model) to your computer here.

Business Overview

[Company Name] is a new company based in [location] that offers administrative virtual assistant services. Some of these services include scheduling appointments, responding to emails, and managing social media accounts. [Company Name] aims to provide high-quality services and great customer service in order to establish long-lasting relationships with clients and partner companies.

Services Provided

[Company Name] offers a variety of administrative virtual assistant services to help other companies and solopreneurs. Some of these services include:

  • Schedule appointments and manage calendars
  • Schedule travel arrangements
  • Make and take phone calls
  • Write and respond to emails
  • Research leads
  • Basic accounting tasks
  • Social media management

Customer Focus

[Company Name] will work with any companies or solopreneurs in need of a temporary or permanent administrative virtual assistant. Though the company is based in [location], the company operates remotely, which makes it available to most companies in need of these services.

Management Team

[Company Name] is run solely by [Founder’s Name], who has been providing administrative assistant services for [X] years. She operated as an administrative assistant for a variety of companies, juggling a large list of responsibilities that are essential for a business’s survival and growth. After mastering multiple skills and receiving many positive testimonials and reviews, [Founder’s Name] is ready to establish her own administrative virtual assistant business and help clients worldwide.

Success Factors

[Company Name] is uniquely qualified to succeed due to the following reasons:

  • [Founder’s Name] has a track record of success as an administrative assistant.
  • [Company Name] is fully online and remote, meaning it can serve companies from all over the world.
  • Virtual assistants are in high demand worldwide by companies of all industries and markets.

Financial Highlights

[Company Name] is currently seeking $50,000 to launch. Specifically, these funds will be used as follows:

  • Equipment: $15,000
  • Working capital: $35,000 to pay for marketing and lease costs until [Company Name] reaches break-even

Top line projections over the next five years are as follows:

Financial SummaryFY 1FY 2FY 3FY 4FY 5
Revenue$560,401 $782,152 $1,069,331 $1,379,434 $1,699,644
Total Expenses$328,233 $391,429 $552,149 $696,577 $776,687
EBITDA$232,168 $390,722 $517,182 $682,858 $922,956
Depreciation$7,000 $7,000 $7,000 $7,000 $7,000
EBIT$225,168 $383,722 $510,182 $675,858 $915,956
Interest$6,016 $5,264 $4,512 $3,760 $3,008
Pre Tax Income$219,152 $378,458 $505,670 $672,098 $912,948
Income Tax Expense$76,703 $132,460 $176,985 $235,234 $319,532
Net Income$142,449 $245,998 $328,686 $436,864 $593,416
Net Profit Margin25%31%31%32%35%
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