When it comes to businesses in the current age, there are more than enough questions which are constantly asked and many of them revolve around saving money. However, while businesses are currently looking for ways to save money and cut back on their general costs, they also must be comfortable with the idea of continuing to grow and come up with revenue producing strategies.
The biggest thing you will want to consider is the following few questions when it comes to holding meetings online in order to potentially save your organization money while also improving production and efficiency.
Costs Of Attendance And Travel
The truth of the matter is, while the entire world is able to actually go anywhere for any reason, the costs of traveling has gotten more and more expensive over time.
According to the US News, you don’t just have to worry about the anticipated costs of travel, but you also have to be aware of the unexpected costs of travel that can creep up as well. Plus, when you start to think about the costs of regular travel, you still aren’t even considering the crazy costs that can happen such as being injured or getting sick when traveling, having delays and effects on meetings, or even the possibility of the meeting being all for nothing in case the plans of the party you are meeting happen to change on short notice.
Basically speaking, traveling can be a pretty big gamble and certain companies will spend a considerable amount of time and effort making travel one of their priorities. By having the ability to connect with people face to face, you can literally look them right in the eye as if they were only a few feet from you and then you can go right back to your life afterwards without any sort of travel costs involved in the process.
Traveling Takes Time
When you think about the fact that traveling costs money, you know it can be a considerable expense. However, there has become an even greater cost on your employees when they are forced to travel and that cost is the time that your employees are robbed of and will never get back.
Just trying to get to the airport will take a considerable amount of time to wake up early, beat traffic, arrive hours before the flight to check in, clear baggage, sit around for layovers, and then try to get to the hotel or motel in a reasonable amount of time. This is all before you even consider the time it will take to actually fly and be in the air or be in the taxi.
As simple as all of this might sound to some, it is a complete and utter waste of the employee’s time. That means it is a waste of the employer’s time, because when they are supposed to be getting work accomplished, they are instead stuck wasting time. Video conferencing small business solutions offered by providers like BlueJeans Network can be used as a real substitute for face-to-face time, saving employer’s money on paying their employees to travel. The only thing employees need to do is boot up their computer and log into the cloud – regardless of their location.
Costs Of Stress On Employees
People are routine and they are creatures of habit. When you take them out of their element they need to spend considerably more amounts of energy and effort just to accomplish the same things. Not only does this mean it can take them longer to get into a routine, it can be more difficult to actually accomplish some of the very things that individuals are able to do without even thinking about on a daily basis.
On top of all of the relative inefficiencies of stress, according to Forbes there are even more potential problems as too much stress on the body from traveling could wind up causing employees to become sick and could cost employers with respect to paid time off, increased insurance costs, and general lost time for work getting done. Instead of dealing with sick employees and the stress that follows with travel, it might make more sense to just log into a computer and have online meetings.
Takeaway
Travel used to be the only way to do business and it used to be the norm specifically because employers and businesses didn’t have any other option. When it comes time to potentially save money and be better at what your company does, however, it certainly makes sense to consider making the switch to cloud-based meetings.
