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Here’s a breakdown of how we make money:
1. Client Payments: Clients pay a monthly subscription equivalent to the hourly rate that is agreed upon at the beginning of the engagement.
2. Costs Covered: The monthly subscription payments from clients cover several essential costs:

• Talent Compensation: A significant portion of the hourly rate goes directly to our virtual professionals for their time and expertise.
• Benefits: We ensure that our team members receive necessary benefits, contributing to their well-being and job satisfaction.
• International Money Transfer Fees: There are fees associated with transferring money internationally, which are factored into the rate.
• Operational Costs: This includes the expenses of our hiring team and the overall operations behind staffing and managing the Coconut community.
• Profit Margin: To ensure the sustainability and growth of Coconut, we include a reasonable profit margin in our pricing.

By efficiently managing these components, Coconut ensures that clients receive high-quality services while providing more than fair compensation and benefits to our team members.

Partnering with Coconut provides several distinct advantages that ensure a smoother, more efficient, and risk-free experience. Here’s why choosing Coconut is a smart decision:

1. Finding and Vetting Talent:

• Our team has access to a talent pool of 100,000+ candidates where we can rigorously screen to ensure they match your skill, experience, and personality requirements.

2. Managing HR Needs:

• We handle onboarding documents, payroll, and compliance with local labor laws.

3. Handling International Money Transfers:

• We ensure timely and secure payments, mitigating currency risks.

4. Ongoing Support and Management:

• We provide continuous oversight to ensure that your needs are being met.

5. Risk Mitigation:

• We reduce the risk of unreliable freelancers and have backup solutions for uninterrupted support. While direct hiring might seem cheaper at first glance, Coconut VA offers a comprehensive suite of services that enhances the overall value you receive. We take care of the complex, time-consuming aspects of hiring and managing VAs, allowing you to focus on growing your business with confidence and peace of mind.

While direct hiring might seem cheaper at first glance, Coconut VA offers a comprehensive suite of services that enhances the overall value you receive. We take care of the complex, time-consuming aspects of hiring and managing VAs, allowing you to focus on growing your business with confidence and peace of mind.