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Why Skype When You Can Video Conference?

Why purchase a video conferencing system to expand my empire when I can get Skype for free?

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If you’re looking to put an end to time-consuming, expensive and exhausting business travel or just considering the next step to boost your business’ productivity, you’re likely to be faced with the ‘Skype vs video conferencing’ dilemma. Why purchase a video conferencing system to expand my empire when I can get Skype for free?

While Skype provides a great solution to staying in touch with friends and family abroad at no cost, certain drawbacks, such as limited resolution, high bandwidth usage and the fact that the service is only available to Skype users, make this a less-than-ideal solution in the professional environment.

Until recently, professional video conferencing has been inaccessible to most businesses in SA due to its high cost of ownership but Yealink has changed this by providing professional video conferencing solutions designed for SMEs, offering a perfect balance between high quality, ease-of-use and affordability.

Related: (Video) Video Conference Etiquette for Dummies

Here are some of the key reasons to choose one of Yealink’s video conferencing solutions over a free video conferencing service.

1. Increased reliability

Free video conferencing services do not offer a performance guarantee. You run the risk of poor call quality or dropped calls due to network issues. While this may be a free service, it could cost you your business’s reputation.

Corporate video conferencing solutions (VCS) only require one megabit of bandwidth – half of what is needed for Skype – allowing high-quality video, even under fluctuating network conditions.

2. Improved visual and audio quality

While Skype allows for multi-participant calls, there are limitations in terms of visual and audio quality.

Skype does not have zoom-in and focus camera functionality, allowing only the host of the call to be seen in the corner of the screen during a multi-participant call. Poor audio quality and echoing is also often the result of Skype’s microphone being built into the camera.

Yealink’s VCS support full-HD dual systems to display people and content at one time and, thanks to integrated packet loss, you can be sure of a high quality viewing experience. The system’s Full-HD PTZ, 12x optical zoom PTZ camera allows you zoom in, out and around the room with a clear picture at all times.

The Yealink VCS phone has several built-in microphone arrays and supports 360-degree voice pickup, so you won’t have to shout across the room.

There’s also no need for squishing up to hear other attendees. With an optimal expansion microphone KIT, the voice pick-up range can be extended up to 5 metres and video phones are available for desktop video if you don’t fancy joining the rest of your team in the boardroom.

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3. Ease of use

Concerned about complicated VCS equipment setups? Don’t be. Yealink VCS plug-and-play simplicity makes installation quick and fuss-free. And thanks to VCS unique industry-intelligent firewall, there isn’t even a need for firewall configuration. Bonus!

While Skype appears simple to use, its multi-party settings are not as intuitive as those of its one-to-one call functionality.

Related: While Tech Investing Slows These 3 Growing Industries Are Getting Hot

4. Management and support

Unlike Skype, Yealink’s video conferencing solutions offer the peace of mind of top-quality, 24/7 support. Yealink provides scheduling, software updates and reporting over a controlled secure network infrastructure.

5. Unlimited access

While four people can participate in a multi-party Skype call, quality is unreliable whereas Yealink’s VCS allow for eight participants, bridging a client site which allows for a more secure, controlled and reliable VC experience.

Finally, while Skype is limited to 100 hours per month for multi-party calling, you are able to use Yealink’s VCS as many times as you want per month.

Related: From Simple Idea To Sideline Business: How Nkosenhle Hlophe Spotted An Opportunity

Want to learn more or book a VCS demo? Click here to get in touch and we’ll show you why it’s worth investing in one of Yealink’s premium video conferencing solutions.

Yealink, the global leading unified communication (UC) terminal solution provider, helps businesses of all sizes make the most of their UC experience and embrace the power of “Easy Collaboration.” Yealink One-stop UC Terminal Solutions unify voice, video and data, and satisfy diverse customer needs and usage scenarios. The company’s comprehensive product portfolio includes video conferencing systems, conference phones, desk IP phones, wireless DECT phones and accessories. Customers from more than 100 countries enjoy Yealink’s reliable UC terminal solutions through its global sales and service network. For more information, please visit: www.yealink.com.

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The Alfa Romeo Stelvio – More Than An SUV

The All-New Alfa Romeo Stelvio draws inspiration from the legendary mountain pass linking Italy to Switzerland, with 48 hairpins in quick succession.

Alfa Romeo

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The All-New Alfa Romeo Stelvio draws inspiration from the legendary mountain pass linking Italy to Switzerland, with 48 hairpins in quick succession. The Stelvio pass is widely seen as one of the most beautiful and engaging roads on the planet.

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Enhance Your Entrepreneurial Flair With An Online Postgraduate Diploma From The University Of Pretoria

The Department of Business Management at the University of Pretoria, a leader in business management education, will be offering an Online Postgraduate Diploma in Entrepreneurship for the 2018 academic year with some seminars to enrich your action learning experience.

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The Department of Business Management at the University of Pretoria, a leader in business management education, will be offering an Online Postgraduate Diploma in Entrepreneurship for the 2018 academic year with some seminars to enrich your action learning experience.

The programme content focuses on the start-up processes, creativity and opportunity recognition, business planning and marketing as well as financial management. Furthermore, the programme emphasises entrepreneurial growth and small business policy development with relevance to the enabling environment.

Who should enrol?

The programme is designed for pre-, nascent and start-up entrepreneurs who want to attain an advanced degree in entrepreneurship. It is also intended for individuals who work in an entrepreneurial environment and are involved with small business policy development. Although many students in the programme have academic credentials in entrepreneurship or business management, the programme is also appropriate if your education and/or experience may be in other disciplines (e.g. engineering or medicine).

Admission requirements

A relevant bachelor’s degree.

Related: This Enterprises UP Expert Explains Why Start-Ups Really Fail

Additional programme information

The duration of the course is one year. The language of tuition is English and the course will be presented in two blocks by means of the blended learning method (70% online and 30% contact sessions). Students need continuous access to the internet to complete the course.

Course Contents

Overview of modules for Block A

  • Ideation-to-market: Starting up
  • International Business Venturing
  • Venturing Strategy Building (Part 1)

Overview of modules for Block B

  • Entrepreneurial Marketing
  • Entrepreneurial Supply Chain Management
  • Entrepreneurial Finance
  • Venturing Strategy Building (Part 2)

Click here for more information.

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Win A Business Makeover With Retail Capital To The Value Of R250 000

Retail Capital is giving SMEs an opportunity to win a makeover to build their brand with an investment of R250,000.

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Retail Capital is giving SMEs an opportunity to win a makeover to build their brand with an investment of R250,000. During the summer campaign, SMEs are encouraged to share the vision of how they would like to see their business grow, and led by a team of experts, Retail Capital will work with the winning SME to help make their vision come true.

While South Africa’s economy is not faring well, Retail Capital CEO Karl Westvig remains optimistic about the country’s retail and hospitality sectors. “We are seeing some green shoots, with an increase in turnover in these sectors – starting from the end of September. Economic conditions remain very tough, but businesses seem to be trading well into October and we’re hoping this continues into the festive season trading.”

According to recent statistics from Statistics South Africa (Stats SA), South Africa’s retail sales rose by 5.5% year-on-year in August 2017, following a downwardly revised 1.6% gain in the previous month and above market expectations of 2.3%. It is the biggest gain in retail trade since August of 2012.

Related: How To Raise Working Capital Finance

“I do believe that these sectors will see an improvement during the summer season. But, key to this will be for small business owners to ensure that they have the right amount of stock, adequate cash flow, as well as other systems in place to meet the ever-changing needs of customers,” says Westvig.

For many small businesses, however, continually adapting to market changes requires cash injections that they don’t often have.

The prize includes the following:

  • Business plan/consulting
  • Marketing strategy
  • Design and branding
  • Website and social Media and,
  • R50k capital to gear your business.

Westvig explains that the summer campaign tagline ‘Your Vision. Our Belief’ really speaks to why Retail Capital first opened its doors. “Our goal is to see the potential of small businesses and to work with them in making these become a reality.”

He adds that the idea is not to simply help one business during the campaign either. Westvig points out that one of the biggest challenges that small businesses face in the sluggish economy is enough foot traffic through their doors. “Generally, the main hurdle in creating brand awareness and projecting credibility of their establishments boils down to establishing a strong online presence.”

“One of the first ways that South Africans identify a business or service provider that they want to work with is over social media – even in a country where the digital divide has traditionally separated the technological haves from the have-nots,” he says.

He explains that companies that don’t have a social media presence are running the risk of being overlooked entirely. “They may attract customers in their own community with signage or word of mouth, but to grow a business, they need to expand their reach – and that’s where social media comes in.”

But, the reality is that resource and time constraints mean that for many SMEs, social media is not prioritised. “Unfortunately for the average small business owner, they don’t have the time or expertise to get connected.”

Understanding the importance of having an online presence, Retail Capital has also committed to developing the digital presence of all campaign entrants. This would include setting up each entrant’s digital presence on platforms such as Google, Facebook, Twitter, Tripadvisor, Zomato and any others that may be relevant to their specific market or industry.

“As a partner to many SMEs in South Africa, we are continually looking at new and innovative ways to help provide them with the much-needed support in order for them to realise their visions. SMEs need to be supported with initiatives like targeted education and training, supportive legislation, and funding opportunities that collectively help them grow our national economy,” says Westvig.

Related: 6 Great Tips For A Successful Shark Tank Pitch

Who we are and what we do:

“More than R1.25 billion has been extended to a range of businesses including food trucks, hair salons, restaurants, spas and franchised retail stores. Many of these businesses have not been able to raise funding in any other way, other than to go to unscrupulous lenders,”says Karl Westvig, the CEO Retail Capital, a company that provides working capital with the help of innovative lending technology.

“We have also estimated that for every R160 000 we lend, we create a new job. This means that 625 jobs have been created purely by enabling small businesses to get the funding they need for working capital requirements or expansion opportunities.”

Retail Capital’s system, which enables it to advance funding to small businesses, based on real time information on credit card transactions, is providing a new funding alternative to entrepreneurs who have previously been turned away by banks. Because it is able to get actual sales information, it can approve funding immediately, and allow for flexible repayment options based on sales cycles of the particular businesses it is funding.

“This creates significant opportunity for small business owners to focus on their business and grow volumes or look for expansion opportunities rather than spend their time frantically trying to repay debt or keep the business alive after debt repayments have eaten away at any cash reserves they might have had.”

Retail Capital funding is repaid by it taking a percentage of a business’s recorded credit or debit card sales, with repayments fluctuating in line with their business cycle. This has the effect of ensuring that it isn’t overburdened with debt.

“In the past six years since starting the business, small businesses have had the benefit of R1 billion in funding they would have been unable to get through traditional channels,”says Westvig.

Against the backdrop of recessionary conditions in South Africa, Retail Capital’s client information reveals growth in informal sector turnover across a number of industries.

“We believe that growth in the informal sector is outstripping that of the formal sector,”says Westvig.

As a large proportion of the businesses it funds are women- and black-owned, there is evidence that entrepreneurs who have previously been excluded from access to finance are now enjoying success now that their access to finance problem has been solved.

Win A Business Makeover with Retail Capital

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