As the adage goes, when times are tough, we tighten our belts. But is that always the right approach for a business? We believe that effective decision making is largely about spending your money in the right way, rather than not investing at all.

With inflation now rising above 8% and bills across all utilities heading skywards, business owners across the country will be asking themselves similar questions; where do I invest and what can I cut?

Where to invest?

We’re sure you’ll be surprised to hear that we believe that your phone and communication systems are somewhere you should be investing. Why? Because the way you communicate, whether that’s with staff, customers, or any other stakeholder, is at the heart of what you do as a business. It can also be a cost-positive decision, which allows you to make cuts in other costs…

What can an investment in your phone system help you to cut?

If you switch to a VoIP system, there can be savings in several areas; we’ve seen clients cut as much as 50% off their communications expenditure by making the switch and these reductions are largely seen in the cost of rental for traditional phone lines and call charges themselves. 

When you consider the added functionality and flexibility that comes with a VoIP system, which will allow you to work more efficiently and effectively than you already do, the decision starts to become very quickly something of a no brainer.

The benefit of working from home

The benefits of VoIP don’t just end there. For many businesses, the thought of people ever working from home was just not on the agenda. However, now that we have returned to something of a normal existence again, many remain in their homes typing away at their keyboards. 

For those individuals, the cost of having a phone line for work, or the impracticality of sharing their home number for business purposes, makes it implausible to work from home. VoIP makes it a practical reality – and it can allow you to cut cost elsewhere too…

How many businesses now find they have half or fully empty offices? Whether it’s business rates, lighting and heating (which are now very costly), the reality of smaller and more flexible office space could be a viable option, saving you a significant amount of fixed overhead.

How about attracting talent

The better the quality of your team, the better the results your business will achieve. Whilst that’s a slight over-simplification, great people are at the heart of every business. For so long, we’ve been shopping in a limited pool of talent based largely on where people live. The daily commute has been a central factor to whether or not you would apply for a job or even consider a candidate. With home working, those days are gone; your perfect candidate could be miles and miles away, but with VoIP it’ll be like they’re with the rest of the team, no matter where they are.

VoIP allows you to seamlessly integrate the right people into your business, not just the ones that live nearby, and for a post that is all about spending and saving, those people could just make you a little more too.

Contact the team today to discuss options for your communications system and how we can support you.