By Ian Nicholson
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Extra resources for A Brief Guide to Starting a Home Based Business
An extranet can save time and minimize transport costs for data that your business needs to share. Supply chain software can help you to collaborate with business partners online, which can reduce your costs and speed up your processes. Make sure your systems and data are secure Having the correct information available to your staff at the right time can make the difference between profit and loss, and success and failure for your business. However, the threats posed by hackers and viruses mean that you must protect this information.
Most of these technologies are developed to make communication between buyers and sellers faster and more reliable. Integrating telephone and IT systems Computer telephony integration (CTI) links IT and phone systems so that numbers can be dialed automatically from your computer, and customer records can be automatically presented to staff members taking calls. © 2010 Ian Nicholson. Zeragorn Books A Brief Guide to Starting a Home Based Business 45 Equipment required The equipment required to introduce CTI varies according to the size of your system.
It can be another product or service that's being developed and which you ought to be selling or looking to license before somebody else takes it up. And don't just research what's already out there. You also need to be constantly on the lookout for possible new competition. You can get clues to the existence of competitors from: • Local business directories. • Your local Chamber of Commerce. • Advertising. • Press reports. • Exhibitions and trade fairs. • Questionnaires. • Searching on the Internet for similar products or services.
A Brief Guide to Starting a Home Based Business by Ian Nicholson