Business

How Are You Preparing For The New Year As An Entrepreneur?

Here are some thoughts on what might happen in 2022. . .

Business Trends in 2022

The struggles of 2020 carried on to 2021, but will 2021 impact 2022 as well? We are crawling our way to the other side of the pandemic, consumers and businesses are officially ready for what’s next! 

Although the struggles of hiring during COVID still remain, remote teams are still highly invested. The talent pool is evolving and employees want more, but not just money. If you look at companies such as Indeed, you’ll find the new integrations, features, and benefits employees are looking for now. 

Businesses have adapted touchless tech such as contactless transactions and technology during the pandemic that most hopes stay well after the pandemic is over. Now it is normal to pull out your phones in restaurants and scan the QR code to look at the menu, but many may not know that QR codes were on the verge of extinction back in 2019. This opens the doors to more sustainable opportunities to not have to print menus and far beyond the payment, businesses can use this to their advantage. 

Coming over from 2021 is the continued rise of sports betting. Sports betting isn’t new but there has been a new wave of innovation in the tech of it. Businesses are spending loads of money on advertising while states are fighting to get the potential earning legally. The betting ecosystem is way more than just leagues, media companies, and teams, but education, compliance, and user experience now play a big factor in how widespread sports betting will have an effect on the fans. The challenges and processes are something to learn from and pay attention to, even if they won’t impact every business. 

Protecting Your Brand in 2022

Don’t wait till it’s too late! Find the time to update your brand messaging and customer experience, there have been a lot of brand reputations ruined. Look up the company Loop, you’ll find inspiration on thoughtful marketing strategies and brand messaging. Reminder: The customer’s journey should begin before you have to email them an apology.

Grow Your Brand in 2022

Challenge yourself to explore unlikely alignments with businesses that could share a cause you’re excited about or your vision. Form unique partnership strategies. 

Advice For Business Leaders For the Upcoming Year 

In 2022 and on we will definitely see a shift in how everyone engages with one another socially and professionally. Reminder: Be personal in a virtual world!

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Office 365, What License Should You Purchase?

There are two different licenses for Office 365 you can purchase. What do they offer and which one should you buy?

First of all, Office 365 is a software service that acts as a hub where all your Microsoft apps are stored in one place, like Word and Outlook, which gives you easy access. 

Office 365 offers two licenses/subscriptions, let’s take a look between the two. 

Office 365 Nonprofit E3

E3 applications offer Word, Excel, Powerpoint, Outlook, Publisher, and Access (both are PC only).

Services that are included are Exchange, Onenote, Sharepoint, and Teams.

The price for Office E3 is $6.00 CAD/user/month.

 

Additional features that are added are compliance solutions to support archiving, Auditing, eDiscovery, Mailbox, internal search site, and legal hold capabilities depending upon subscription. 

Information protection, including rights, management, and data loss prevention for emails. 

Office 365 Nonprofit E5

E5 includes the same base applications and adds more additional uses.  

Services that are included are Exchange, Onenote, Sharepoint, and Teams.

E5 applications offer Word, Excel, Powerpoint, Outlook, Publisher, and Access (both are PC only).

Additional features that are added are compliance solutions to support archiving, Auditing, eDiscovery, Mailbox, internal search site, legal hold capabilities depending upon subscription, and Advanced eDiscovery with Predictive Coding and text analytics. 

Advanced security that helps protect against unknown malware and viruses, and provides better zero-day protection to safeguard messaging systems.

Audio Conferencing allows invitees to join Skype for business meetings by dialing in from a landline or mobile phone.

Phone system for cloud-based call management to make, receive, and transfer calls across a wide range of devices.

Price $18.60/user/month. 

The Top Benefits of Choosing Office 365 Nonprofit E5 License: 

As previously mentioned E5 costs about $18.60 which is fairly higher than E3, however with E5 you get a lot of additional services that can help your business save money, be more protected, and make better business decisions in the long run. Some of these additional services are:

  • Expanded audio capabilities 

  • Advanced security and compliance features 

  • Advanced analytics tools

Conclusion

In conclusion, Office E5 offers more features than E3 which can be used to make your business a lot better, especially with stronger security, but at a higher cost.

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Powerful Capabilities of Microsoft Teams

What is Microsoft teams some may ask? Microsoft Teams is a business communication platform where you can work together, chat with colleagues over meetings, call and send voicemails which can all be done via a mobile device or your computer. 

Now that you have a basic understanding of what Microsoft teams is, let us take a deeper dive into it. 

What can Microsoft teams do? 

Calls and Voicemails

In the activity menu, you can find a list of all your recent calls, incoming calls and ongoing ones. From this menu you can look over all calls and check if you have received any voicemails.

Mobile Capabilities

With having Microsoft teams on your mobile device you have all the same features offered on the computer, but now it’s portable and accessible anywhere. 

Chat Capabilities 

Sending emails can take a lot of work. Don´t you hate wondering if someone has received your email or if they have even read it yet? With the chat option, it allows you to send quick texts that will make it to whoever's chat Menu very quickly, Within the chat menu, you can also create group chats and even separate your less important texts from the more important ones.

Hosting Meetings in Microsoft Teams 

You can find a meetings tab in the main menu where you can host a group meeting and invite your colleagues to attend a meeting to discuss whatever you desire.

Offline Mode

In offline mode it lets you view your chats and recent calls without being connected to the Internet. 

Conclusion

In conclusion, Microsoft teams can be used to chat and call with others. It may also be used to work together with colleagues in a shared workspace with meetings that can be done from anywhere. 

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