Operating and profiting from a business has never been exactly what you would call easy, even in the best of times. But it seems like in today's global business environment that the margins have been squeezed even thinner. Even the tiniest gain in efficiency and effectiveness could have an impact on your bottom line. That's why conference calling can be considered an important business asset. Your business's profitability will be improved any time you can achieve the same or even greater effectiveness at a lower cost.
Business travel and physical business meetings have become more expensive and more dangerous. The price of oil has risen to historic highs and the cost of airline tickets and even road travel have increased accordingly. The threat of terrorism and the phenomenon of kidnapping for-profit have made large gatherings, especially at offshore locations, dangerous and unwise. Yet at the same time, companies have become more geographically dispersed. Workgroups that may have formerly been located in different parts of the building might now be located in different parts of the world. Product supplies, developers and customer support are often located away from the executive core.
E-mail can help but it will never replace personal contact. There's no way to be sure that you have communicated your ideas effectively in writing. There's no guarantee of understanding on the other hand. Even Internet chat cannot replace the give-and-take of a real face-to-face conversation. Conference calling provides the best solution to this dilemma.
Actually, conference calls have been around for decades. Announcing that you had to return to the office for a crucial conference call was like wearing a badge of success. Conference calls were serious business. But in the beginning they required operator set up, allowed only a limited number of participants and were not the most reliable form of communication. Today's conference calling is a quantum leap above your father's conference call. Internet technology and computerized automation make setting up a conference call as easy as calling home.
There's no argument about whether conference calling is amazing technology or not. The real question is how can conference calling be an asset to your business? First of all, conference calling is an excellent way to provide highly secure conferences. This is not just about the attractive terrorist target that a gathering of important businessmen might make. What about the hotel worker who comes in and refills your water glasses during the meeting? Is he really part of the catering staff, or is he listening in for valuable business intelligence? Conference calling offers secure, encrypted security for your crucial company communications.
Does your business have employees or workgroups scattered around the country, or even the world? Conference calling provides an inexpensive way to link all of your remote workgroups. It allows them to collaborate on the creation of documents and share presentations. Your business may include committees, an executive board or satellite chapters. Conference calling is an outstanding way to accomplish a quick gathering of committee members or board members. If you need to discuss an issue and get a quick decision, you can't do better than conference calling. You're not requiring anyone to travel or even leave their office. Their participation is a simple as picking up a telephone.
With the constant introduction of new products, software and other productivity tools, effective training is vital to the success of any business. But what if your employees are scattered out in different locations? Conference calling, videoconferencing and web conferencing can enhance the learning process. It doesn't matter if your employees are located in different cities or just different parts of the building. By not requiring them to physically attend a training meeting, you'll save time and money. Training can be accomplished quicker and can be scheduled on shorter notice.
Companies of all sizes can benefit from conference calling. There are many conference call providers that offer a complete range of services for different budgets. Most provide the capability to set up an online account and get started in minutes. Take a look at your business processes and see if the introduction of conference calling could make those processes more efficient, effective and profitable. You owe it to your bottom line.
Small Business Asset Management
What do you think about when you hear the words "business asset." You may start thinking about your business, physical property (computers, equipment, inventory, etc.), the money you have in the bank, your client list, your database of subscribers, equity you may have in a building or a number of other "tangible" assets. No matter how many assets you can think of like this, none of them are your most valuable asset.
Your most valuable asset is invisible. It's not something you can touch or feel, nor is it a number on a bank statement somewhere. As a conscious entrepreneur, the greatest business asset you own is your FAITH! Now, don't get me wrong here. I'm not talking about anything that has to do with a particular religion. This is not about religious faith.
The type of faith I'm talking about is faith in your Divine Plan, faith in yourself, faith in the purpose you've been given to fulfill, faith in the Universe conspiring for your highest good (even when it appears like the opposite), faith to invest in yourself when you don't know where the money is going to come from and faith that KNOWS no matter what, you'll be OK.
I understand that faith doesn't typically arise in a conversation about business assets, but yesterday I was blessed with having a profound conversation with a few of my mastermind colleagues about the necessity for this asset in business. We were supposed to spend our call talking about list-building strategies, but somehow ended up talking about what it really takes to succeed. Specially, one of my colleagues asked me how I've been able to get to this point in my business... on the eve of launching my biggest event ever (The Freedom Formula Experience) and sending my book to best-seller status on Amazon.com.
My answer to her was "faith." And, from there our conversation grew and I realized how important it is to openly talk about this asset as a necessary part of your business. For me, faith is about laying EVERYTHING on the line, getting rid of your "back doors" and being willing to say YES to the opportunities that resonate with your soul. In the incredible movie, The Moses Code, Michael Beckwith said, "God doesn't call the qualified, he qualifies the called." And, this is exactly what I mean when I think about how faith has played a part in my success. I heard my call and said YES to the experiences that were my "qualification."
The same is true for any conscious entrepreneur. So, the next time an opportunity shows up for you that resonates with your soul, and you"re petrified to TAKE ACTION (believe me, I know how scary it is to take action when you have no logical reason to do so), I invite you to take a leap of faith and say YES to yourself! This tangible demonstration of faith is the quickest way to tell the Universe you are SERIOUS about getting out of your comfort zone and doing what it takes to fulfill your greatest dreams.
Both Jim Mcdonald & are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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