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Is Starting a Homebased Business For You?

How you can use existing skills to start your own homebased business.

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This story appears in the March 2006 issue of Entrepreneur. Subscribe »

Q:I'm an administrative assistant who would like to work out of my home full time for more flexibility and independence. What can I do to start something soon?

A: Your path is clear, and it can pay well. It's called being a virtual assistant. According to the International Virtual Assistants Association, a virtual assistant is "an independent entrepreneur providing administrative, creative and/or technical services." In other words, virtual assistants provide what used to be called secretarial services or office-support services, and arguably carry more prestige. Typical hourly rates range between $20 and $50.

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