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How VoIP Can Fuel Workplace Productivity

One certain way to fuel productivity in the workplace is to use Voice Over Internet Protocol (VoIP) services. How VoIP can Fuel Workplace Productivity.

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How VoIP can Fuel Workplace Productivity

Businesses of all types and sizes are always striving to increase their revenue. Companies use different approaches to achieve this goal, including minimizing overhead spending and increasing workforce efficiency. But one reliable way is to increase productivity in the workplace.

One certain way to fuel productivity in the workplace is to use Voice Over Internet Protocol (VoIP) services. VoIP phone services offer a wide range of benefits, but the upsurge in productivity is a huge selling point in the industry.

1. Improved Employee Mobility

Being stuck in a single place for the whole day is a production killer. On the other hand, the option to work from home increases employee productivity. Several studies have reported that remote workers work five to seven more hours per week than their in-house team members.

With the advancement of VoIP technology, workers can access their VoIP networks from home. VoIP phone systems enable employees to work on the go. Whether their flight has been delayed or an important client decided to call during lunch hours, they can stay in touch 24/7 using their smartphones.

2. Enhanced Voicemail

Voicemail is a convenient option that ensures people never miss an important call. However, listening to voicemails can cost time rather than save it. For example, an employee who has more than one title in the office will have to maintain, retrieve, and sort messages from multiple voicemail accounts.

VoIP offers a more enhanced solution to this problem: a single mailbox, retrieving voicemails from multiple lines, and providing transcripts for every voicemail.

VoIP can Fuel Workplace Productivity

3. Reduced costs of fuel productivity

Another advantage of using business VoIP services is that you save money. By reducing costs and saving money, VoIP fuels workplace productivity. For example, investing in a VoIP system reduces the cost of hiring additional employees and allows businesses to pay their current workforce high wages.

When employees feel valued, consequently, their productivity increases. Additionally, spared money can be used to buy additional software, hire additional workers, or pay for training services. All these tactics can help fuel productivity in the workplace.

4. Better office collaboration

When it comes to developing a relationship between a business and its clients, VoIP is incomparable. It also excels at facilitating office collaboration. With advanced VoIP tools, companies don’t need to have a separate service to connect departments.

VoIP phone service can connect all the employees of the company over a single, unified network. Further, it allows audio and video conferences. Better and enhanced office collaboration can help increase workplace productivity.

5. About Axvoice

Axvoice offers many advanced features like Do Not Disturb, Enhanced Voicemail, Three-Way Calling, and Call Waiting that can help increase workplace productivity. Additional features like caller ID blocking, international call blocking, and alternate caller ID can make call management an easy and less time-consuming task for employees. Some other features that Axvoice offers include Find Me and Follow Me, which allow you to reach out to additional numbers when you are not available on your VoIP phone.

Axvoice offers two plans for business users: the Small Business Plan and the Home Office Plan.

Small Business Plan: This plan offers 1500 minutes to anywhere in the U.S. and Canada for $39.99 per month. You can also get a Flexible Yearly Plan for $29.99 per month with a 12-month subscription. Further, any additional minute is charged at 1.5 cents per minute. With this business plan, you can get unlimited in-network calls and free incoming calls. You can use your existing number or select a new number with U.S. area codes to start the service.

Home Office Plan: This plan uses a virtual PBX system and offers 200 outbound minutes in the U.S. and Canada. This subscription plan is priced at $14.99 per month. It also offers free in-network calls and free hardware. This is the perfect plan for small businesses that want to reduce business costs.

Key features:

  • Get name and number ID for all inbound calls
  • Block your caller ID from showing up on others’ phone
  • Add a new participant to an ongoing call to have a three-way calling experience
  • Block all international outbound calls to destinations outside the U.S. and Canada
  • Check your voicemail through email or the web
  • Keep your clients engaged using the Music on Hold feature
  • Forward calls to the pre-specified numbers
  • Incoming calls ring simultaneously on three different numbers
  • Forward all VoIP calls to a pre-specified number during an ISP outage or power outage
  • Reject calls when you don’t want to get them
  • Get call logs for all incoming, outgoing, and missed calls
  • Filter contacts and redirect them to your VoIP line
  • Switch to low-bandwidth codecs in case of low bandwidth on your internet connection

A VoIP service offers mobility and convenience to its users. Besides, switching to Axvoice is seamless and affordable. The services offered are reasonable, and the features are practical. For a business owner, it’s about time to switch over to a VoIP service for increased workplace productivity.

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Business

Navigating the Process of Selling Deceased Estate Shares

This article aims to provide a comprehensive guide to selling shares from a deceased estate. Process of Selling Deceased Estate Shares.

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Navigating the Process of Selling Deceased Estate Shares

1. Understanding the Basics of Selling Deceased Estate Shares

Dealing with a deceased estate can be a challenging and emotional process, especially when it comes to handling financial assets like shares. This article aims to provide a comprehensive guide to selling shares from a deceased estate.

2. What are Deceased Estate Shares?

Deceased estate shares refer to the stocks and shares that were owned by an individual who has passed away. These shares become part of the deceased’s estate and are subject to the terms of their will or estate plan.

3. The Importance of Valuing the Shares

The first step in selling deceased estate shares is to obtain a current valuation. This valuation is crucial for several reasons: it helps in distributing the estate among beneficiaries, it may be necessary for tax purposes, and it gives an idea of the market value of the shares.

4. Legal Requirements and Executor Responsibilities

The executor of the estate plays a pivotal role in the management and distribution of the deceased’s assets. This section will cover the legal responsibilities and steps the executor needs to take to lawfully sell the shares.

5. Obtaining Probate

Before any action can be taken with the shares, it’s often necessary to obtain probate. Probate is a legal process that confirms the executor’s authority to deal with the deceased’s assets.

Transferring Shares into the Executor’s Name

Once probate is granted, shares may need to be transferred into the name of the executor. This process varies depending on the company and the type of shares.

6. The Process of Selling Shares

After completing legal formalities, the executor can proceed with selling the shares. This section will outline the steps involved in this process, including choosing a brokerage or financial service, understanding market conditions, and making informed decisions.

Deciding on the Right Time to Sell

Timing can significantly impact the returns from selling shares. Executors need to consider market conditions and financial advice to determine the best time to sell.

Completing the Sale

This subsection will detail the actual process of selling shares, including placing orders, handling transaction fees, and ensuring all regulatory requirements are met.

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7. Navigating Tax Implications and Reporting

Managing tax obligations is a critical aspect of selling deceased estate shares. This section will explain the potential tax implications and the importance of accurate reporting for both capital gains tax and inheritance tax considerations.

Understanding Capital Gains Tax Responsibilities

When shares are sold, any profit made from the time of the deceased’s passing to the sale date may be subject to capital gains tax. Executors need to be aware of these implications and plan accordingly.

Inheritance Tax Considerations

In some jurisdictions, the value of the deceased estate’s shares might impact inheritance tax calculations. It’s essential for executors to understand these aspects in order to ensure compliance with tax laws.

8. Common Challenges and How to Overcome Them

Selling deceased estate shares can present unique challenges. This section will discuss common issues such as disputed wills, fragmented information about the shares, and market volatility.

Dealing with Disputed Wills and Beneficiary Disagreements

Disputes over the will or disagreements among beneficiaries can complicate the process. Executors must handle these situations delicately and legally.

Managing Market Volatility

Shares can be subject to market fluctuations. Executors should be prepared for this volatility and may need to consult financial advisors to navigate these waters effectively.

9. Tips for Executors Handling Deceased Estate Shares

This section will provide practical advice for executors, including the importance of seeking professional advice, keeping thorough records, and communicating clearly with beneficiaries.

Seeking Professional Financial and Legal Advice

The complexity of selling shares from a deceased estate often necessitates professional advice. This can range from legal counsel to financial advisory services.

Record Keeping and Communication with Beneficiaries

Maintaining transparent and thorough records is crucial. Executors should also prioritize clear and consistent communication with all beneficiaries to avoid misunderstandings.

Conclusion

Selling shares from a deceased estate is a responsibility that requires careful attention to legal, financial, and interpersonal dynamics. By understanding the process, staying informed about tax obligations, and tackling challenges head-on, executors can fulfill their duties effectively and respectfully.

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