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5 Business Partnership Killers & What to do When Things Get Ugly

hosted pbxPartnerships can be essential for launching and growing young businesses but they also have the potential for blowing up and resulting in financial disaster for those who aren’t prepared. What do you need to watch out for and what do you do when your partner isn’t holding up their end of the deal?

It doesn’t matter whether you are considering taking on a partner for getting your business idea funded and off the ground or if you have been approached with a partnership proposition to collaborate and cross promote services with another organization, the wrong partnerships can not only destroy your dream business but ruin your reputation too. Watch out for these 5 deadly business partnership killers...

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5 Creative Non-Financial Ways to Motivate Your Employees

how to motivate employeesBecause of the economy, companies around the world are having to cut back on their financial-incentive programs, but few have used other ways of inspiring talent as they should. Numerous studies have concluded that for people with satisfactory salaries, other motivators are more effective than extra cash in building long-term employee engagement in most sectors, job functions, and business contexts.

Many financial rewards mainly generate short-term boosts of energy. Indeed, the economic crisis, with its imperative to reduce costs and to balance short- and long-term performance effectively, gives business leaders a great opportunity to reassess their incentives and decide what will serve their company best through and beyond the downturn.

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What is a Conference Bridge?

hosted pbxA conference call is a call that takes place between three or more people over separate phone lines or an Internet connection. A conference bridge is the software that makes these multiple connections possible.

A conference bridge is typically setup by an administrator give a phone number (or DID) as well as a pin number or the attendees as well as the administrator. With this DID the administrator can do one of two things:

  1. Conduct a conference call anytime using the conference bridge phone number and assigned DID's. All he/she has to do is give the phone number and DID to anyone who will be in attendance.
  2. Schedule a conference call using the conference bridge software. Typically the conference bridge is a accessible via a control panel over the Internet. The administrator simply logs in and inputs the names/email addresses of the attendees and the system will automatically email the attendees the conference bridge phone number and DID as well as the date/time of the conference call. The system will also remind the attendees of the upcoming conference call at set intervals.

There are typically a number of features that are included with a conference bridge including:

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How to Create a Small Business Call Center

VoIP hosted PBXReady to cut out the middle man and crank up your top and bottom line with a steady flow of hot, live leads?

Lead generation is easily the most important part of any small business today. Unfortunately it can also be the most frustrating and confusing challenge facing most entrepreneurs. There is truly nothing better than a solid stream of live prospects to talk to everyday to start bringing in the real money. Sadly, building complex online marketing funnels can take a long time to pay off and buying leads or live transfers can be incredibly expensive. However, there is another option.

Why not start your own call center? It can enable you to cut straight to speaking with real prospects and converting them into real dollars.

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How to Effectively Manage Your Meetings

VOIP hosted PBXReady for 40% more sales, 40% more output and 40% more free time?

There is a quick fix for dramatically boosting your company’s productivity and revenues in an extremely short amount of time. One that will also free up your time to focus on growing your business or at least taking a well deserved breather.

What is the secret? Just kill the meetings!

It has been estimated that many employees spend up to 40% of their time in meetings. Worse, in internal meetings, not closing new business with customers.

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