3 Cost Saving Ideas For Business Conference Calling

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Conference calling for small businesses serve different needs and purposes. But for the most part, it serves to connect multiple callers to a single telephone line in order to hold a distance meeting. Conference calling can take place over the telephone line, the Internet or even using cellular phones.

1. Using the regular telephone line

Using the regular telephone is still the most popular solution primarily because it merely requires telephone lines and no other devices. Callers do not need to be logged onto the Internet, and most conferencing companies provide a telephone number for callers to dial in. Once all callers dial the number, it will prompt the participants with an access code. The access code securely grants permission to callers only invited to participate in the meeting.

2. Using the Internet

Conferencing using the Internet requires a headset with microphone. Depending on the conferencing solution, it will require additional software to be installed on the PC prior to calling. Free services, such as Yahoo Messenger, Skype, and Google Talk enable users to not only provide high quality audio, but also ability to send instant messaging. Every day, many conference calls freely take place using these solutions in all parts of the world, and for many business owners with computer familiarity should first explore this route for cost saving reason. For video conferencing, the Internet is the only option so far today.

3. Using the cell phones

The iPhone bridges up to 5 callers at a time and other cellular phone services can perform similar tasks. Contact the cell phone company for instructions on holding small and large conference calls.

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3 Cost Saving Ideas For Business Conference Calling

Conference calling for small businesses serve different needs and purposes. But for the most part, it serves to connect multiple callers to a single telephone line in order to hold a distance meeting. Conference calling can take place over the telephone line, the Internet or even using cellular phones.

1. Using the regular telephone line

Using the regular telephone is still the most popular solution primarily because it merely requires telephone lines and no other devices. Callers do not need to be logged onto the Internet, and most conferencing companies provide a telephone number for callers to dial in. Once all callers dial the number, it will prompt the participants with an access code. The access code securely grants permission to callers only invited to participate in the meeting.

2. Using the Internet

Conferencing using the Internet requires a headset with microphone. Depending on the conferencing solution, it will require additional software to be installed on the PC prior to calling. Free services, such as Yahoo Messenger, Skype, and Google Talk enable users to not only provide high quality audio, but also ability to send instant messaging. Every day, many conference calls freely take place using these solutions in all parts of the world, and for many business owners with computer familiarity should first explore this route for cost saving reason. For video conferencing, the Internet is the only option so far today.

3. Using the cell phones

The iPhone bridges up to 5 callers at a time and other cellular phone services can perform similar tasks. Contact the cell phone company for instructions on holding small and large conference calls.

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The Business Advantages of Conference Calling Using the Internet

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The Internet provides a practical venue for the conference call. With its low cost and ability to accomodate many listeners it is now practical to open a conference call to almost anyone (at least to listen). Many firms now do. For example, a recent article in the Wall Street Journal related how IOMEGA does this as an efficient way to control the irresponsible babble on Internet bulletin boards. People posting idle chatter now attract accurate responces from others who have heard the actual story on a conference call. As a result, the irresponsible postings are controlled.
Naturally, investment professionals complain that this allows the novice to access raw information that needs interpretation by someone more knowledgable - namely such a professional.

However, companies like the ability to make one public statement, and then be free from goverment limitations on how investment information must be released. And individual investors like it too, as access to this information gets them access to information that once only slowly reached the average investor. Even Chairman Levitt of the SEC sides with the theory of greater access for the masses. According to an article in the 24 May 1999 issue of the Wall Street Journal, the NASDAQ has even funded a pilot program to pay for public access to conference calls. Firms such as DELL and Cosco are early participants.

Using the Internet has many advantages besides the instantaneous international release that results. It is possible to save the audio files so that the call can be accessed later at a more convenient time. Plus it would be possible to edit out meaningless portions to provide sort of a "Cliff Notes" of each conference. Naturally, there are some limitations. If everyone could ask a question, real brawls could result as the conferences became uncontrolled. So most Internet systems limit who can ask a question.
An outstanding advantage for the average investor is to witness directly a firm's management in action. While the information might be the same, an investor gains confidence in management that presents a virtuoso performane over one that is defensive, hesitant, and obfuscative. The details aside, the speed of responce and other items that don't get incorporated in an analyst's report can add a lot to one's understanding. Previously, a small investor's only such access might have been at a company's annual meeting.

Several firms have opened to provide investment-related conference-call services in one form or another over the Internet. Some require membership and user fees, but the trend seems to be toward company funding of the low cost service, and free or very low cost access by the public. According to the WSJ article mentioned above, firms now providing some for of access include: Vcall (Philadelphia), broadcast.com (Dallas), c-call.com (Street Fusion, (San Fransisco), and CCBN.com (Boston). Expect that more and more firms will offer the public Internet conference call. Encourage firms you are interested in to do so. This form of communication is yet another form of ultimate corporate democracy.

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The Business Advantages of Conference Calling Using the Internet

The Internet provides a practical venue for the conference call. With its low cost and ability to accomodate many listeners it is now practical to open a conference call to almost anyone (at least to listen). Many firms now do. For example, a recent article in the Wall Street Journal related how IOMEGA does this as an efficient way to control the irresponsible babble on Internet bulletin boards. People posting idle chatter now attract accurate responces from others who have heard the actual story on a conference call. As a result, the irresponsible postings are controlled.
Naturally, investment professionals complain that this allows the novice to access raw information that needs interpretation by someone more knowledgable - namely such a professional.

However, companies like the ability to make one public statement, and then be free from goverment limitations on how investment information must be released. And individual investors like it too, as access to this information gets them access to information that once only slowly reached the average investor. Even Chairman Levitt of the SEC sides with the theory of greater access for the masses. According to an article in the 24 May 1999 issue of the Wall Street Journal, the NASDAQ has even funded a pilot program to pay for public access to conference calls. Firms such as DELL and Cosco are early participants.

Using the Internet has many advantages besides the instantaneous international release that results. It is possible to save the audio files so that the call can be accessed later at a more convenient time. Plus it would be possible to edit out meaningless portions to provide sort of a "Cliff Notes" of each conference. Naturally, there are some limitations. If everyone could ask a question, real brawls could result as the conferences became uncontrolled. So most Internet systems limit who can ask a question.
An outstanding advantage for the average investor is to witness directly a firm's management in action. While the information might be the same, an investor gains confidence in management that presents a virtuoso performane over one that is defensive, hesitant, and obfuscative. The details aside, the speed of responce and other items that don't get incorporated in an analyst's report can add a lot to one's understanding. Previously, a small investor's only such access might have been at a company's annual meeting.

Several firms have opened to provide investment-related conference-call services in one form or another over the Internet. Some require membership and user fees, but the trend seems to be toward company funding of the low cost service, and free or very low cost access by the public. According to the WSJ article mentioned above, firms now providing some for of access include: Vcall (Philadelphia), broadcast.com (Dallas), c-call.com (Street Fusion, (San Fransisco), and CCBN.com (Boston). Expect that more and more firms will offer the public Internet conference call. Encourage firms you are interested in to do so. This form of communication is yet another form of ultimate corporate democracy.

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The Business Advantages of Conference Calling Using the Internet

Image : http://www.flickr.com

The Internet provides a practical venue for the conference call. With its low cost and ability to accomodate many listeners it is now practical to open a conference call to almost anyone (at least to listen). Many firms now do. For example, a recent article in the Wall Street Journal related how IOMEGA does this as an efficient way to control the irresponsible babble on Internet bulletin boards. People posting idle chatter now attract accurate responces from others who have heard the actual story on a conference call. As a result, the irresponsible postings are controlled.
Naturally, investment professionals complain that this allows the novice to access raw information that needs interpretation by someone more knowledgable - namely such a professional.

However, companies like the ability to make one public statement, and then be free from goverment limitations on how investment information must be released. And individual investors like it too, as access to this information gets them access to information that once only slowly reached the average investor. Even Chairman Levitt of the SEC sides with the theory of greater access for the masses. According to an article in the 24 May 1999 issue of the Wall Street Journal, the NASDAQ has even funded a pilot program to pay for public access to conference calls. Firms such as DELL and Cosco are early participants.

Using the Internet has many advantages besides the instantaneous international release that results. It is possible to save the audio files so that the call can be accessed later at a more convenient time. Plus it would be possible to edit out meaningless portions to provide sort of a "Cliff Notes" of each conference. Naturally, there are some limitations. If everyone could ask a question, real brawls could result as the conferences became uncontrolled. So most Internet systems limit who can ask a question.
An outstanding advantage for the average investor is to witness directly a firm's management in action. While the information might be the same, an investor gains confidence in management that presents a virtuoso performane over one that is defensive, hesitant, and obfuscative. The details aside, the speed of responce and other items that don't get incorporated in an analyst's report can add a lot to one's understanding. Previously, a small investor's only such access might have been at a company's annual meeting.

Several firms have opened to provide investment-related conference-call services in one form or another over the Internet. Some require membership and user fees, but the trend seems to be toward company funding of the low cost service, and free or very low cost access by the public. According to the WSJ article mentioned above, firms now providing some for of access include: Vcall (Philadelphia), broadcast.com (Dallas), c-call.com (Street Fusion, (San Fransisco), and CCBN.com (Boston). Expect that more and more firms will offer the public Internet conference call. Encourage firms you are interested in to do so. This form of communication is yet another form of ultimate corporate democracy.

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