Any company worth its salt works on increasing revenue and lowering expenses. In many cases this is easier said then carried out.
Many companies might believe they know exactly where their expenditures are but they might be blind to numerous expenses that can be trimmed fairly easily.
1 area to look at is the expenses created by a salesforce that makes road trips to visit clients on a regular bases. Another is the expense of bringing staff together for meetings and brain storming sessions.
One easy way to cut these expenses is with video conferencing.
Not only is it extremely easy to get staff together but you will find that clients are a lot more receptive to video conferencing then you might at first believe.
Everybody likes the amount of time saved and the advantage of video conferencing. Speak to your clients and see what they say. I know you will be surprised.
Another area of cost saving is rooting out overcharges.
Everyday we hear about some poor soul being robbed of their life savings by some scammer. These take several forms but the most most common is some form of telephone call fraud.
These people are most likely to be called by a boiler room telemarketer and pressured into buying some thing or investing in something that has absolutly no value.
Don't we feel sorry for them when the news report lets us know what has happened.
But individuals are not the only ones open to becoming scammed. Busineses are just as vulnerable. But when it occurs to a business it's known as a clerical error or some such nonsense.
Did you know that a large number of long distance telephone bills are off by a lot of cash. In fact you will find businesses that have as their only service the ability to audit telephone bills to find these mistakes.
So do not be surprised if you use 1 of these services and discover out you're entitled to a big refund.
Do I Have to Upgrade My Phone Service?
There is an old expression that says, "If it ain't broken, don't fix it".
Just simply because an expression is old and many individuals use it, doesn't make it correct.
Even though a system or machine or an concept is working properly doesn't mean it is working at the most efficient level.
Lets take a fast look at your telecom system. If you have several systems in place for calls, internet, data transfer and conferencing services then you're running at a high level of inefficiency.
It's true that there will probably be implementation costs to have a unified system in place but the long term saving will far out weigh the initial costs.
And you will find much more savings then merely dollars and cents. The saving in time and increased productivity are equally as essential.
So do not waste another moment and evaluate your telecom system to help maximize saving in dollars and time.
Should You Scrap Your Telecom System?
For small to medium sized companies the financial savings that may be had from a less costly telecom system are substantial.
It certainly is nothing new, but a VOIP service can generate financial savings that could be significant to the bottom line.
If you do any international calling you might be able to reduce the price of the call to zero dollars. That is correct. You could zero out the entire cost of your international calling.
But that is not the only place that financial savings can come into play. For instance, did you know that you are able to have totally free video conferencing from many VOIP providers. So instead of having a sales force waste time driving to a meeting you may have video conferencing and save countless hours of lost productivity.
Or imagine if a sales person could do a video conference with a client. Instead of calling on them in person they could double or triple there sales service calls.
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