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Home > BUSINESS BASICS

BUSINESS BASICS

VOIP

Business VoIP phone systems are well known for their cost effective features. Businesses that have multiple physical locations for their offices benefit from these systems drastically. As long as the offices work off of the same network, employees can dial each other’s extensions and reach them shortly, no matter how far away their offices are. Other VoIP service features that come standard with the system include call blocking, call forwarding, voicemail, caller ID, 3-way calling, fax and redial capabilities.
Learn about VOIP TIPS.

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VIRTUAL ASSISTANT

Why You Should Hire a Virtual Assistant
One of the latest trends in business today is the outsourcing of office related tasks to a Virtual Assistant (VA). A VA can be extremely cost-effective and can improve the efficiency of your business, which saves you time and money.

Imagine being able to off-load all those daily tasks that you just never seem to find the time for. Imagine not having to go through the hiring process and not having to pay the fees associated with hiring an employee. Imagine having a dedicated VA that you can count on to complete the assigned tasks, thus allowing you more freedom to concentrate on growing your business.
Questions to Ask When Selecting a Virtual Assistant

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VIRTUAL OFFICE

How Your Business Can Benefit from a Virtual Office
Having a virtual office allows you to maintain an actual venue to meet clients, give sales presentations, and hold meetings…all of this gives your business an extra sense of professionalism at a fraction of the cost of renting a full-time office.
A virtual office also allows you to get out of the house and to network with other business owners who may be leasing virtual office space in the same building. Not to mention the fact that a virtual office gives you and your employees a central location to congregate.

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BUY A BUSINESS

Buying a business is an exciting opportunity, but it is going to involve a lot of work. To determine whether or not the business you want to purchase will be right for you, there are several things to consider. One of the most important things is the amount of cash flow you have. A lot of businesses will require that you have a certain net worth in order for you to make the purchase. You will also need to consider how much money you will be able to pay as a down payment, as well as how much money you will have for start-up costs. In this case, start-up loans may be an option.

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SELL A BUSINESS

When preparing to sell your business, it is recommended that you prepare a presentation or information pack detailing the financial, legal, marketing, and operational information of your business. This provides prospective buyers with a well-rounded idea of how your business is currently being run. Once you have made a deal with a buyer, financial statements will need to be verified, the business license will need to be transferred, and financing options will need to be discussed, among other things. It is usually helpful to draw up a contract detailing the specifics of closing the deal.

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TRANSLATION SERVICES

Translation services help you gain an international advantage by translating different business materials such as marketing collateral, business cards, and even web content.
Typically, you’ll want to see samples of their work and test their translations. Companies also should be able to supply you with a resume and client referrals. It helps if you use a company that has previous experience in your particular industry, as they will be familiar with unique industry lingo.
Translation services companies all have different fee structures. Some will charge per hour, per project, or per word or page. Getting a quote of how many hours it will take or how many words/lines they expect for the project will help you compare these different rates.

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