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Great Business Tips to Try in 2023

  • November 12, 2021
  • 3.5K views
  • 6 minute read
  • Ashley Jenkins
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Rapid changes occurred in the workforce as a result of global events in 2020, with long-lasting consequences.

Great Business Tips to Try in 2023

Businesses and government organizations were forced to shift away from depending solely on traditional business applications such as being in office, weekly and even daily meetings, email, and phone calls and moved toward a much more collaborative online approach.

Employees that work for corporations accompany even small businesses began working from home, AirBnBs, hotels, or even the beach while having to shelter in place.

This remote work style meant companies started to rely significantly on video conferencing and mobile applications to support this new, growing remote workforce.

It appears that these shifts will continue for the conceivable future.

Collaborative Conferencing Made Easy

Some of these new challenges meant teams needed to connect in ways beyond just checking in via email or phone. Applications like Skype, which allows you to video conference from anywhere around the globe, started handling the collective work meetings of the world.

With tools like Skype, teams and companies could huddle no matter where they were, increasing productivity and keeping employees and groups on the same page throughout projects and deadlines.

So what’s so great about Skyping?

1. It’s Accessible

It may also be accessed from any device. It is compatible with your laptop, iPad, iPhone, desktop computer, and Android smartphone. As a result, it can be used by pretty much anyone, pretty much anyplace. Considering the circumstances, this is simply another method of keeping things simple.

But it also serves as a valuable lesson for businesses of all sizes. The greater the number of methods in which your consumers may utilize your service or purchase your items, the better.

2. It’s Easy

It used to be that participating in videoconferencing meant downloading software, learning to set up a call, and navigating intricate dial-in protocols. That has changed dramatically. Skype is virtually identical to FaceTime in terms of ease of use.

Simply clicking on a Skype invitation will start your Skype room, and you may then chat with others. If you don’t already have the Skype application installed, it will give you the link to the download so you can install the application. It’s quick and straightforward. It’s an app or a web browser that those of us who aren’t particularly tech-savvy can handle.

3. It’s Affordable

It also helps that Skype is a free service. Not just for joining existing calls, other videoconferencing providers allow you to do that as well. The fact that you can host Skype calls for free is a significant advantage over its competitors.

Millions of individuals are taking advantage of Skype in really inventive ways to stay connected for

both professional and personal purposes due to this development.

4. It Can Be Fun

In the end, skyping is rather enjoyable. For example, instead of hosting a call where everyone has to stare at you in your kitchen, you can blur your background to make it easier to focus on you.

You can also choose one of the predefined images or an image you previously added or add a new image to customize your background effect.

5. It’s Trustworthy

Speaking of those millions of users, Skype has performed well in the face of a significant increase in usage over the past year.

Although there are always a few hiccups, when you consider the enormous bandwidth and data processing required to make real-time video conferencing feasible, it was a minor inconvenience.

In the case of Skype, many individuals are reliant on the technology’s continued operation. Companies use Skype to enable them to remain connected while keeping their teams productive, which obliterates downtime.

Speaking of trustworthiness, all this online collaboration requires a strong support network for these teams to work on products, apps, and projects simultaneously with a secure platform.

Businesses have been forced to explore online business strategies that require predictable latency, large data volumes, regional diversity, and operational autonomy. It is critical to identify a secure platform that can maintain consistency while also being adaptable.

When it comes to a secure platform, it needs to offer customers a lightweight approach that they can utilize to deliver advantages from the global cloud core to the dispersed cloud edge.

Small Business Funding Takes the Edge to the Next Level

Small businesses look for new funding sources for two reasons: to solve a problem or take advantage of an opportunity.

In the first case, if costs exceed revenue, possibly even as a result of seasonal sales fluctuations, you’ll have to discover a way to raise more funds. What about the window of opportunity? That is available in a variety of different sizes and forms.

There may be opportunities to open a new site or purchase a competitor’s assets. Perhaps you need to build up a large amount of inventory in preparation for a sale or seasonal business.

It’s possible that your company is expanding rapidly and that you will need to hire more staff or dramatically enhance your marketing efforts.

It’s almost virtually impossible for a small business, especially a startup, to raise extra capital. A traditional bank or credit union would require further collateral.

In most cases, your potential collateral may already be tied up in previous funding opportunities, or it’s simply insufficient for the cash infusion you need.

If you are a new startup, lenders do not always consider your digital products or short track record sufficient for basing funding off. Some asset-based lenders will want additional collateral in addition to the equipment you are acquiring.

Also, your specific company sector may not be financed by lenders at all, regardless of your current business condition. A lengthy application process, extensive paperwork, and no assurance of success are all expected for any of these prospective sources of finance.

That’s where small business funding comes in. With small business funding, you could be eligible for a variety of different loans like:

  • Paycheck Protection Program (PPP) Loans
  • SBA Loans
  • Personal Loans for Business
  • Business Line of Credit
  • Equipment Financing
  • Short-Term Loans
  • Merchant Cash Advance
  • Invoice Financing
  • Small Business Startup Loans
  • Traditional Term Loans

Access to this kind of funding for a small business can be a game-changer, from supporting existing operations to investing in trustworthy online technologies that improve that creation and communication speed.

Capital is the lifeblood of the small business community. An influx in capital can help a business grow, compete, and iterate into companies that will last a lifetime.

From Global Pandemic to Global Workforce

So what have we learned from the entire planet going remote in 2020 that we can implement in 2023?

Businesses are looking at funding differently. They are looking at security and latency differently, and they are communicating differently.

If you asked us, companies would create clean, lean, business machines that allow workers to be more a part of their own lives while meeting their deadlines.

Adding in more security and speed means teams can work together on the same projects from their small corner of the world.

Video conferencing has created the communication support for this speed and security removing the issues usually found in a traditional business.

Finally, looking for alternative funding means companies are looking at what their businesses need to support their greatest assets, their people.

__________________________________________________________________________

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Ashley Jenkins

Ashley is, first and foremost, a mom to an amazing young son and a wife. Ashley has started and sold a couple of small companies over the last many years, and now has decided to take some time off to spend time with her family, and raising her son. Ashley managed a team of 11 staff and intends to start another business shortly. Ashley is an avid saver and investor and is knowledgable about not only entrepreneurship but, also investing.

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