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Running a business in the digital age can be difficult due to the higher levels of competition, but at the same time, there are many perks you should be taking advantage of. If you are looking for cost-effective ways to streamline your processes, boost your bottom line and generally improve your business image, here are five creative ways you can do so, simply by using the internet:
1. Save on Utility Bills With A Virtual Office
A virtual office is an excellent option for start-ups, freelancers or businesses that don’t need a storefront or physical contact but may still need a local base for things like phone inquiries and mail services. This way, you end up with a professional address without having to spend your time and money maintaining or buying office space.
If you operate offshore or travel frequently, you’ll never have to worry about missing out on important communications, as you can hire a professional receptionist to take care of it for you via your virtual office package.
2. Make International Payments Faster and Easier
There was a time when making payments or receiving funds from overseas was a long-winded process. It also involved paying uncomfortably large fees that would further deter you from expanding your market. Now, we are spoiled for choice when it comes all the online money transfer options available that make overseas payment processing a breeze.
Look at an option suited to the size and nature of your business as well as your budget. This is because depending on your provider, you may be able to integrate financial processes like invoicing or even link it to your e-commerce store.
3. Expand Your Market with E-commerce
If you’ve been waiting for the right time to expand your reach, without a doubt, it is now. Offering your services to out of town, interstate and overseas consumers is as easy as setting up a website. To set up your e-commerce store, you can choose from a variety of popular ready-to-go platforms or create your own from scratch. The former is quicker to organize while the latter offers more customizability. You’ll need to choose which products or services you will offer online and if you’ve taken the self-hosted route, integrate your payment processing account (see 2) and you’re ready to go.
4. Unlimited and Accessible Storage
Not only is it more cost-effective today to upgrade your storage capacity, but you can also share your stored data with the click of a button, or sending of an email. You don’t need to purchase excess hardware or hire an offshore storage service to keep your data safe. Instead, use a cloud-based online option which you can easily upgrade if you need more storage. By backing up your data this way, you can access all your files from anywhere in the world as long as you have an internet connection.
5. Go Digital and Work From Anywhere You Wish
You may have noticed the running theme of flexible working conditions in all of the above points. This is what using the internet to your advantage will grant you in many different ways. Other processes you can take online include freight management, accounting and even human resources. If you personally don’t need to face customers or stakeholders at a physical location to keep your business running smoothly, you can operate from anywhere you have internet.
Now you have an understanding of the benefits the internet poses for your work and how simple they are to implement, what are you waiting for?