New Years Resolution #2: Trimming the Fat with Teleconferencing

 

Everyone can stand to lose a few pounds after the Holiday Feasting Season­– even businesses worry about their “figures” at Year End! Nothing is worse than a saggy “bottom line,” caused by too many unnecessary costs plumping up our expenses. New Year’s is a great time for any group to resolve to work smarter and earn more in the upcoming year, by trimming a little organizational fat.

One of the best ways to get better annual results is to increase the efficiency of our communication technology.

After all, our group’s success is built on our team, and our team needs to keep in touch and work together to excel. Luckily, communication technology is constantly evolving.

Even if you already use conference calls to increase your profit margin or effectiveness, you will be amazed at the new conference call Features Santa’s Elves have been cooking up this year, and how much money you can save with them.

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Successful Business Plans: Test Your Assumptions

Too many organizations create a business plan as “bank bait” and then chuck it in the waste basket once the investment cash (or grant, for non-profits) flows in. This can severely hamper the success of a project, and burn the relationship with the lender or grantor.

The most important process in creating a business plan is the organizational conversations that are held while writing it. The key to it succeeding is treating it as a living document.

Those who fail to plan will plan to fail, but those who carve their business plans in stone are only writing their organization’s epitaph.

Once the first draft of your business plan is written and you have your capital ready, start by testing the assumptions you have made. If you don’t want to fail at the finish line, fail early, and fail fast. The faster you experience your small failures, the faster you can understand where your deficiencies are and fix them.

To keep refining your business plan, you need regular excellent communication. This is where crucial communication technology like conference calls comes in.

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New Year’s Resolution #1: Build your Confidence and try new conference call features

 

New Year’s Resolutions are great for helping people try new things they normally wouldn’t touch with a ten-foot pole. But why is it so hard for some of us to experiment freely, and how can we get the benefits of doing so?

In the Meyers-Briggs Type Indicator system, the “ENFP” profile is one that absolutely loves trying new things. In fact, most ENFPs probably skipped this introduction and are two paragraphs down reading about all the benefits of trying some new conference call features.

“Nothing ventured, nothing gained,” is their motto.

This gung-ho attitude makes ENFPs very cheerful, bubbly and spontaneous. But only about 7% of the population can be called ENFP. For the rest of us “mortals,” trying something new requires courage, because it can disrupt the routines that make our lives run smoothly. We’re averse to risk. However, New Years only comes once a year. Trying out some new conference call Features probably won’t kill us, and it can bring wonderful benefits.

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Boosting Profit by Hiring an Expert

Use conference calls to optimize expertise

In a recent blog on improving a business’ bottom line through conversion-driven sales campaigns, marketing gurus at Optimize Smart conclude their article with the app AWOL Academy. After all, no business has every knowledge base covered. And the fresh perspective of an outside expert can be as useful as the ideas.

But hiring experts is a significant investment, and if you want the highest return on investment, you have to be prepared to engage as many people in your organization with the expert as possible using the most effective communication technology available, like webinars and conference calls.

Another way to fully engage your staff to improve your bottom line is to realize that they too are “experts” in their own way.

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Driving Profit By Reducing Costs With Conference Calls

Driving Profit By Reducing Costs With Conference Calls

Clock ProfitProfit is essentially revenue minus costs, so by reducing costs with conference calls you are already on your way towards successfully increasing profit. What better way to start than to save on something you do regularly in your professional life? That’s right, I’m talking about conference calls.

 

The Surefire Way To Boost Profit

Reducing and controlling your costs can be much easier than increasing traffic and sales. Controlling costs in business is like pruning roses. When you cut away the dead wood, the whole plant grows better and you get more flowers. It is hard to conceptualize that less brings more, but if you want to get a better return on your sales investment, the easiest place to start is pruning your sales cost per unit.

The Phone As A Profit Machine

Reducing costs with conference calls is the best example of turning your phone into a profit machine, aside from running an illegal telemarketing ring. But let’s not forget about sharing sales and conversion tactics, which is important information to increasing sales. Imagine a sales meeting of a team spread across the country. The team leader needs to communicate the newest product enhancements to staff, keep them inspired, and build team spirit.
Unfortunately, to get 15 people to a 3-hour meeting (45 hours of labor) costs 2 hours of travel time each. That’s 30 labor hours wasted to get 45 labor hours of productivity. Most companies respond to that kind of waste by cutting the number of sales meetings.
But you can’t cut sales meetings as it could reduce the overall productivity of the team.

The manager cannot risk depressing sales and not communicating the newest strategies to the sales team. That’s where conference calls come in!

3 Benefits Of Cutting Sales Costs

Conference calls can eliminate those 30 wasted hours, because free and easy conferencing with FreeConference.com is as easy as picking up the phone and dialing. In this situation, FreeConference.com has helped you save 30 wasted hours off the bat and boosted the sales revenue to sales cost ratio up.

In addition to that, the head of sales is no longer under pressure to reduce the number of sales meetings for costs. You were at 4 meetings a year knowing 8 would be the optimal number to boost sales. With FreeConference.com, go ahead and schedule 8 meetings. You’ll save 8 x 30 = 240 staff hours in travel time, and get the desired maximum productivity.
What about expenses? How much gas and per diem expense did we save using conference calls? Plenty. Shave another $2,000 off the annual sales expense, even though we increased the total number of meetings.

Conference calls can be FREE!

FreeConference.com calls are free; it’s in the name. They can be set up instantly using the scheduler feature, but calls can also be reservation-less. Premium features like international numbers and call recording can be added for as little as $9.99 per month. There are also security features and even AI generated call summaries available too.

Look Before You Leap

LeapPruning your sales cost isn’t as glamorous as projects trying to boost sales growth, but it is important low-hanging fruit. Controlling costs is a key element of making sure your business model is profitable. There’s no better place to start than using FreeConference.com as your conferencing solution.

Create a free account today, and see how FreeConference.com’s list of features can meet your business’s needs.

Why Conference Calls Are So Smart

If organizations want to succeed, they need to model their information sharing on the most sophisticated and efficient information processor on the planet: the human brain.

Every day, humanity makes 50 billion cellphone calls, and sends 300 billion emails. But just one person’s brain sends more messages than that!

It sends about 10,000 times as many, every day. And all we need to do this is a muffin and a cup of coffee.

Our brains are this efficient because of the way they are wired. Unfortunately, office communication is not usually wired as intelligently as a human brain. This really holds organizations back. Information moves around, but it usually either moves just one way, or just between two people.

The reason conference calls are so smart is that they use the same system of moving information as your brain, so your information can be become ideas.

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The best ways for families to keep in touch

A friend of mine has five children from three different marriages who are all grown up and going to Universities or holding down jobs. Some live in Europe, some in Asia, and some live “closer to home,” in North America—if you can call Toronto “close” to his retirement cabin home on a small island off the coast of British Columbia.

Their last reunion cost $5,000 in plane fare. He certainly can’t afford to keep that up.

It is an extreme example of what many families face while trying to stay connected. The global village isn’t one you can ride a bicycle across. So what do these kind of families do to keep in touch?

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Setting up a Conference Call is Easier than….

Until you have set up a conference call, it can seem a little “complicated” or “challenging.” Not as complicated as getting four boyfriends or spouses out of the way for an evening, but then, what is? Let’s compare setting up a conference call versus getting the girls together to go see a good movie.

Pick a movie

First problem: define “good!” When was the last time you picked a movie in a few minutes?

In 2015, you have to decide whether you want to go modern lowbrow and laugh with “The Boy Next Door”, or ride off in a carriage and four with “Far From the Madding Crowd.” But two of you hate period pieces. Well, “Love and Mercy” or “Clouds of Sil Maria” might have a little more depth, but is depth really what you are looking for in a night out?

Setting up conference calls requires choosing what kind of call you are in the mood for too, but it’s just so darn much easier!

Free call or Courtesy 1-800 Number? Click.

That was fast. Even faster if you use Quick Scheduler to automatically fill in your attendees, organizer code, access code, subject, agenda and invitees from your last call.

In the time it would take you to read the reviews, you could have set up 5 conference calls. Aaargh! Stamp your foot here.

Oh well, if you have that sinking feeling you can’t find a movie everyone wants to watch, you can always get a six pack or two and watch Titanic again…

Teleconference 1, Movie Night 0

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Recording Conference Calls to Harness the “Power of While”

Simple teleconference technology adds value

In Jim Estill’s book “Time Leadership”, he describes how to use the “Power of While” to blend two compatible activities to get more out of life.

An example would be a busy University student listening to a lecture podcast or audio tape while they go for a morning run. The podcast helps them keep motivated, and the oxygen and endorphin’s generated increase comprehension of the information.

The Power of While

What many people don’t know is just how easy it is to use conference call recording technology to create a Podcast out of any speech.

First, you use the Power of While by recording your speech for future use while you are still delivering it. Your relationship with the live audience will make the delivery of your ideas more resonant and passionate.

Then, your listeners can also use the Power of While by listening from afar, or at a later time, while doing something compatible. Listening to your words when they are in a conducive environment will help them integrate and remember what they heard, and reflect on your concepts in the context of their own lives.

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Invitations and Reminders Made Easy

Cell phone conference calls

 

Getting an accurate head count for any event is tricky. Anyone whose been left waiting on wedding RSVPs knows this pain intimately. There are those guests who swear they’re coming but neglect to show up; those who send their regrets then arrive with a guest; and, perhaps worst of all, the flip floppers who give you nothing but a “Maybe” followed by a sudden “No” the day before the event. While there isn’t much to be done about wayward party guests, FreeConference can help you keep track of the business associates, colleagues and clients you want on your next conference call.

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