Communications & Technology For Small Business - My Own Business Institute (2024)

A wide variety of communication tools are used for external and internal communication. Many of these are discussed below and there are always new tools emerging to solve business needs.

Mail

Even with all the modern methods of communication, regular postal mail is still a powerful tool for a business. It adds a personal touch, and is often used for delivering secure documents and contracts and for delivering purchased items to customers. A convenient way to handle mail from your own home or office is through a usps.com or Stamps.com account (in the US), which allows you to print postage from your own computer. If you are sending mail internationally, there are a number of carriers available. Be sure to learn which carriers are most reliable in each region where you conduct business. You can compare costs to get the best combination of price, delivery date, and tracking options.

Email

Although you may already have a personal email that you use, having a business email will be helpful in communicating with customers, vendors, and internal teammates. Checking email on a daily basis is essential. There are many email features available depending on the type of account you have. For example, for some accounts you can track email to ensure the recipient reads it. You can also postpone sending outgoing email, filter incoming email, and set-up automatic responses with different types of accounts. Platforms for hosting email include Gmail, Outlook, and Yahoo. There are also others. For additional cost, these platforms will set up your own business email address. For example, you could host jsmith@yourbusiness.com on one of the email platforms by paying an extra fee.

Email is also a very powerful communication tool for reaching your customers and potential customers MOBI’s Marketing session provides more detail about how you can use email marketing for your business including broadcast campaigns, drip campaigns, and email automation. There are a variety of helpful email marketing tools and services that might be helpful for your business including Mailchimp, Constant Contact, HubSpot, Zoho Campaigns, MailerLite, and more.

Telephones

The cornerstone of your business communication, both external and internal, may be your telephone. There are many types of telephones, and only you can decide which type is right for you. Even the standard telephone (landline) that is installed in your office has many options. While you may have a telephone already, you should start with at least one line that is unique to your business. This line should have the capability to take messages in case it is not answered personally. Here are some telephone tips:

  • It is important to treat the telephone as a business tool. Answer your phone in a timely manner (within three rings if you can). Always identify yourself when answering. Record a voicemail message that identifies the number, provides brief information about your business, and indicates when you will return the call. Then continually check your voicemail to return calls promptly.

  • Have a separate line for your business phone and your personal phone. Don't have family members pick up or use the business phone. Get any required extra telephone lines installed before you start.

  • When leaving phone messages, clearly state your business’s name and phone number at the beginning and the end of the message.

  • Be polite in cell phone use! Good business courtesy includes avoiding being interrupted by telephone calls, texts, or email when in a meeting or during a business lunch.

Landline

The landline is the telephone system that uses a physical wire for transmission. You may have a landline in your home, your office, or at a public phone location. If the internet is unreliable, you will still be able to use your landline because it relies on a different technology for communication. There are many services available for landline telephones. If you have an existing landline and would like to add additional services such as voicemail, multiple lines, and conference calling, be sure to research the options offered by your service provider and its competitors. You may not have to switch phone companies to get the features you want.

Cell Phones/Mobile Phones

The cell phone, also called a mobile phone, is used for mobile communications. There are numerous carriers/providers and plans. Many carriers have plans tailored for small businesses including options that bundle popular features and usage patterns making them very cost effective. Be sure to ask questions about your specific needs before selecting a carrier and a plan. Understand the duration and terms of your agreement. Many can be two years or more. Consider what type of communication you will use most for your business - conversations over the phone, texting, or data. Investigate plans that have unlimited access in your key area to compare pricing.

When your usage or needs change, do not hesitate to request information on plans that more closely meet your new set of requirements. But be aware there are hefty fees for canceling early.

Smartphones

A smartphone is a cell phone that offers advanced capabilities with computer-like functionality. A smartphone incorporates features like email, internet, and social media. Smartphones are capable of text messaging and include a camera with video capability.

Outside your office, a smartphone can be a valuable tool for business. In fact, if you don’t have an office, or work from your home, a smartphone can be your office. With a smartphone you can use email, access the internet, review, edit, or scan documents, use GPS, accept and make payments, and use a multitude of applications (apps) to do almost anything. The most popular smartphones are the Apple iPhone (iOS), Samsung Galaxy (Android), and Google Pixel (Android) but new smartphones are emerging on the market every day. Each has different strengths you will need to factor into your business needs.

Internet Calling: Google Voice and Others

Internet calling is a way to make phone calls using the internet. This can also be known as voice over internet protocol or VoIP. There are several internet calling providers. Google Voice is the most popular and it is free. Google Voice provides voicemail, Short Message Service (SMS) and texting, and a local phone number. Users can send free text messages, customize their voicemail, read voicemail text transcript, and more. Users can make or receive calls or texts from their computer or from their mobile smartphone. Google’s voicemail service is now available for free to all Gmail users. There are many internet calling providers, and each one provides a service for a monthly fee with different features, capabilities, strengths, and weaknesses.

Internet calling can be an affordable alternative solution for businesses to investigate if new features are needed. For example if multiple lines are needed as well as call holding, call waiting, and conference calls, internet calling may provide an affordable solution.

SMS Messaging and Texting

While not all mobile phones are smartphones capable of sending and receiving videos and photos, nearly all mobile phones can receive SMS (short message service) messages. These are texts of less than 160 characters that consist only of letters, numbers, and symbols. SMS messaging, and texting in general, is a powerful way to communicate. SMS messaging and texting provide one-to-one communication. As more and more people adopt mobile phones, there are more opportunities to connect directly and personally with mobile phone users (who may be your customers!).

Businesses can use SMS messages as a way to remind customers of sales, product offerings, and other announcements. It is important to note that customers must opt-in to receive SMS texts and that it is illegal for businesses to send SMS messages to customers who have not opted-in. Businesses can often encourage customers to opt-in by offering them something in exchange. For example, a hot dog business could get customers to participate in their SMS marketing campaign by offering them $5 off their next meal for texting a code to their specialized SMS campaign number. Larger companies might purchase the services of an online text message marketing company to manage these marketing campaigns and to provide them with a short phone number code for customers to use to opt-in to the campaign. Small businesses could also allow customers to sign up for text messages like they might sign up for a mailing/emailing list and send messages directly.

Cellular and Data Plans

There are two major types of mobile phone plans: pre-paid and post-paid. Pre-paid allows you to pay a mobile carrier or service provider upfront for mobile services, and you must refill your minutes or data when they run out. Be aware that overage charges for minutes or data used that exceed your plan may be billed at a higher rate. You will need to understand if it is possible to go over your pre-paid amount, and what additional charges might be imposed. Post-paid plans allow you to sign a contract with a mobile carrier for different types of mobile services, and you pay for those services at the end of the month. Unused minutes or data may or may not roll over from one month to the next month, meaning you have to pay for your minutes or data each month whether you use it all or not.

Whichever plan you choose, be sure you understand the terms. There may be penalties for terminating your contract early. You should think about your business needs before deciding on a mobile service plan and whether you want to pay upfront or at the end of the month.

Video and Web Conferencing

Video conferencing provides a way to have face-to-face meetings without the expense of travel. It provides a more personal way to communicate both externally with customers and partners and internally with team members or employees who may work outside the office.

Video conferencing technologies transmit and receive images and voice in real-time so that you can have a “face-to-face meeting.” Web conferencing adds another dimension - it allows you to share documents and applications during your online meeting. Both options allow you the flexibility to have one-on-one meetings or conferences with multiple attendees. Seeing facial expressions and nonverbal cues during crucial business discussions and negotiations can be invaluable for your business.

Some common tools for video and web conferencing are listed below. These tools are offered at different levels and price points, although there are some you can access for free. Some examples of video and web conferencing tools include:

Visit PC Magazine’s “Best Video Conferencing Software” roundup to compare different options.

Social Networking Sites

If you are a member of a social networking site or utilize social media, you know that these platforms are popular for businesses that use them for marketing. A social network is an online community comprised of individuals or organizations that are tied together by common interests. Internet-based social networking occurs through a variety of website platforms that allow users with similar interests to share content and interact online. Some popular social networking sites include Facebook, Instagram, Twitter, LinkedIn, Pinterest, YouTube, TikTok, and many others.

By creating or joining social networks for your business, or the interests of your business, you can build relationships with current and future customers. It's a whole new way of marketing, leveraging the popularity and connections of these social networking sites. It's a way to build relationships with your customers and potential customers. For example, there are online social networks for companies, celebrities, politicians, and interests such as travel, home decor, cooking, and exercise to name a few. You can post content, like helpful information or updates about your products or services to these networks and groups, quickly and inexpensively providing information to many followers all at once. It's a powerful way to connect with people and share information about your business in a convenient and efficient manner.

Many businesses pursue a social media strategy in their marketing efforts. Social media marketing is a relatively inexpensive way to reach specific customer segments that you believe will be interested in your product or service. To be successful it requires a steady effort and participation over time. One mistake businesses make is jumping in and posting frequently initially, but then not maintaining the effort for very long. It’s better to begin with a pace you know you can continue, whether it’s once a month, once a week, or once a day. If you find you have more content to post, you can always do more. A note of caution on internet social networking: once you put something out there it's hard to take it back, so you have to be careful. Always be mindful of how a post will represent and reflect on your business. It’s also a good idea to keep in mind that your personal social networks may also be visited by potential customers, partners, investors, and employees.

Online Collaboration Tools

The world is at our fingertips when it comes to being able to work online within our business, with partners, vendors and/or customers/consumers. From messaging to group chats, video conferencing, file sharing, document collaboration, elearning, and more, almost anything is possible right from your device. In addition to the tools and resources discussed above, below are some ideas and examples of tools that can be used depending on your goals.

G-Suite

Google offers a suite of products that enable online collaboration. Using Google Docs you can develop a document that can be edited by multiple people in different locations (or all within the same conference room) in real-time, and at the same time. Other G-Suite products work the same way: Google Sheets, Google Slides, and Google Drive for example. You can create and manage your documents in a filing system that can be owned by one person or shared among a team. Google Calendar has become a popular way for organizing your own schedule as well as scheduling meetings among members of different organizations or businesses.

Office 365/Office Online

Microsoft also offers a suite of products that enable online collaboration. Office 365 includes Outlook, OneDrive, Word, Excel, PowerPoint, One Note, Skype, and other applications. The Office 365 suite is not free. Microsoft Online offers software in a cloud-based variety for free.

Messaging Tools

Messaging tools allow for online chat and instant messaging between individuals or teams. Some also feature file sharing, file storage, video calling, searchable message-history, image viewing, and creating polls. Some of these tools integrate with Google Drive, Facebook, Dropbox and other software. A few examples are:

You can visit Small Business Trends’ article entitled, “30 Instant Messaging Apps Your Business Could Use” or Business News Daily’s article, “14 Chat Tools for Small Business” to learn more about these and other options.

Online and Shared Calendars Apps and Software

Online and shared calendar tools are wonderful for time-management and scheduling meetings with others. Some examples include but are not limited to:

G2 is a software marketplace where you can learn about and compare many products. Visit its online and shared calendar tools listing for products in this category.

Task Management Apps and Software

Task management applications allow users to manage their tasks from a smartphone, tablet, computer, or smartwatch. Many of them are free; additional collaboration features are available in paid versions. They are a great way to keep track of your progress and projects whether working on them individually or as a team. Some examples include:

Online publication Geekflare has a list of 11 free task software products and internet searches may provide other options as well.

Electronic Agreement and E-Sign/Digital Signature Software

If your business has transactions and agreements with others it can be helpful to have a secure way to prepare, share, and sign these documents over the internet. Some tools that provide this capability include:

There are a variety of other productivity and communication tools that fall outside of these categories that might be useful for your business. Some of these include:

  • Tango: Captures workflows with screenshots to create step-by-step guides helpful for instruction and other purposes.

  • Grammarly: Provides writing assistance.

  • Scribe: Records workflow processes for operating procedures and training purposes.

  • Canva: Allows you to create high quality graphic design for social media, presentations, and more.

Visit MOBI's favorite tools on our resources and tools page to learn more.

Communications & Technology For Small Business - My Own Business Institute (2024)

FAQs

Is my own business institute legit? ›

Yes, New York's SEAP recognizes either the MOBI Starting a Business course or the Business Expansion course as entrepreneurial training that meets the requirement.

Is my own business institute free? ›

MOBI's content and curriculum are free, for everyone, forever, thanks to the generosity of our founders Phil & Peggy Holland. The mission at the My Own Business Institute (MOBI) is to start businesses that create jobs and build communities by providing education to aspiring entrepreneurs around the world.

Which course is best to start your own business? ›

  • Fundamentals of entrepreneurship in the family business. ...
  • Entrepreneurship 2: Launching a start-up. ...
  • How to Build a Startup. ...
  • Successful Negotiation: Essential Strategies and Skills. ...
  • How to Start Your Own Business Specialization. ...
  • Essentials of Entrepreneurship: Thinking and action. ...
  • Marketing Strategy for Entrepreneurs.
Mar 26, 2024

Is business school worth it for entrepreneurs? ›

An MBA won't guarantee that you will be able to raise money for your company, but it should help you start conversations with potential investors that you might not otherwise be able to have. It will also provide a level of credibility during your investor meetings that is hard to come by for first time entrepreneurs.

Are business certificates worth it? ›

Benefits of a Professional Certificate

Benefits: Expand business knowledge and skills: Executive education offers an efficient path for learning new skills or brushing up old ones. Build professional credibility: The knowledge and insight gained from a business certificate boost your confidence and credibility.

How do I know if my small business is legitimate? ›

How to Check if a Company is Legitimate
  1. Make Sure to Review the Company's Website. Naturally, certain red flags raise suspicion regarding the business' authenticity. ...
  2. Study the Address Information. ...
  3. Check the Company Number. ...
  4. Check if the Company Has a Privacy Policy. ...
  5. Search for Feedback and References.
Jun 13, 2023

What is my own business institute? ›

We are the world's leading provider of FREE online education for entrepreneurs. The mission at My Own Business Institute (MOBI) is to start businesses that create jobs by providing training and resources to entrepreneurs around the world.

How much does it cost to go into business for yourself? ›

How much startup funding you need depends on many factors, such as your industry, the products or services or the store location. The cheapest businesses to start may cost as little as $12,000 initially, but other businesses like restaurants can run from $400,000 or more.

Can I own my own business without going to college? ›

The truth is, you do not need to have a degree of any kind in order to open your own business. The most important thing you need is a passion for the field you are entering, as well as dedication, hard work, and a willingness to learn as much as you can.

What's the easiest business to start and make money? ›

27 Low Cost and Easy Business Ideas That Make Money
  • Online Tutoring and Teaching. ...
  • Dropshipping Business. ...
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What is the most paying business course? ›

16 Highest-Paying Business Degrees
  • Marketing. A job in marketing involves promoting products or services to potential customers. ...
  • Finance. ...
  • International business. ...
  • Management. ...
  • Human resources management. ...
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  • Logistics. ...
  • E-commerce.
Mar 31, 2023

What degree do most entrepreneurs have? ›

Business. A business degree is an obvious choice for most entrepreneurs. It offers a curriculum that provides a foundation of business knowledge and career insights. These tenants lead toward a meaningful career as an entrepreneur.

What school has the most successful entrepreneurs? ›

Stanford University and the University of California, Berkeley top the list of undergraduate schools producing the most entrepreneurs, says the new ranking by PitchBook, a financial data and software company focused on capital markets.

Do I need an MBA to start my own business? ›

Clearly, you don't need an MBA to be an entrepreneur. After all, most entrepreneurs don't have MBAs, and more than half don't even have bachelor's degrees. But just because some entrepreneurs didn't need an MBA to succeed, it doesn't mean that nobody would benefit.

Do you actually learn anything in business school? ›

As a business school student, you will learn to take academic theories and apply them to real-world problems. Business schools craft students into astute decision makers and professionals who can readily navigate uncertainty, risk, and change.

Is Mobi free? ›

Our MOBI Apps are free to join to access/navigate your device. We do monthly subscriptions for recordings on the MobiCam through our Cloud Service if you don't have a Micro SD card or if you have a Support Monitoring System and would like to take advantage of our professional 24 hr monitoring service.

Is it worth going to school for business? ›

A higher salary is one advantage of a business degree, but there are many other benefits. One of the most important is that it gives you the foundational skills you will need to manage business matters that are part of any field you go into.

Does business school worth it? ›

MBAs often come with a pricey tuition and can be a substantial expense, especially for more recent college graduates. Most MBA graduates confirm the degree is worth it, leading to better quality jobs and better-paid jobs.

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