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5 New Year's resolutions for your business

Posted by Eureka Editor

Last updated on December 23, 2014

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As we enter the new year, businesses all over Australia will be looking at ways to improve upon the successes or failures of 2014.

Whether this means they will capitalise and expand on a successful year or actively search for ways to reduce spending and revitalise an enterprise, the new year is a great time to do either.

Whichever group you fall into, why not take the opportunity to ditch the personal New Year's resolution fads and instead adopt one for your business? A company of any size can do so, and it may be just what your organisation needs to reach its targets.

Here are five New Year's resolutions for your business in 2015:

Learn from 2014

Business is an exercise in learning. Your experiences in 2015 should be largely based on your successes or failures of the previous years.

Where did your business triumph and where did it fall short of expectations? Identifying what went well and what went wrong can help you avoid mistakes in the new year.

Increase communications

Communication is the lifeblood of your company. Ensuring every person in your business is working in close collaboration is important for meeting your long- and short-term objectives.

The start of the year is a great time to look at ways you can collaborate on a greater scale with tools such as teleconferencing.

Improve productivity

Meetings can be a productivity killer and, as Forbes writer Amit Chowdhry says, "time is the most important currency in your life".

If your workers are struggling with their productivity, use more collaborative, desk-based resources instead of regular meetings to provide a huge boost to workplace efficiency.

Save money

Practically every company will keep an eye on their finances in the new year. Whether your business has turned a healthy profit or slipped into debt, there are cost-saving communication tools to vastly reduce everyday spending.

Both low-cost conference calls and web conferencing services are designed to reduce expenditure on a business-wide level.

Improve company resources

A new year is a great time to take a closer look at the tools you equip your workers with - as well as putting ineffective ones out to pasture.

Some new resources can be expensive, so instead of spending a small fortune on new hardware, why not improve the capabilities of your current office infrastructure?

Both web and teleconferencing solutions use existing office equipment such as landline phones and desktop computers. By saving on new hardware purchases, your company should find an even more substantial return on investment.

Topics: Web Conferencing, Teleconferencing

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