Tag: Virtual Phone Numbers

Building Credibility with Toll Free Numbers

As a business owner, you can expect to deal with the general public on a daily basis. As you’re connecting with customers, business associates, and advertising partners, there is one thing that must remain consistent – your credibility. Being credible and trustworthy is the foundation of any successful business. When you have trust, you’re more likely to secure funding and increase sales because more people will believe in your services and recommendations.

Still, building credibility doesn’t happen overnight, especially if you’re starting a new business. You must make investments in your business and brand reputation, and one of the best investments is a toll-free number that allows potential customers and business affiliates to reach you conveniently.

Show Your Professionalism

To show consideration for incoming callers and attract more calls, you should never use a phone number that isn’t free or easy for everyone to dial. Furthermore, consider the importance of online branding when marketing and selling in today’s digital world. Using a toll-free number (with a prefix of 800, 877, 855,etc.) number shows that you are a professional business and it inspires possible callers to picture your company as a brand that is already established and well-known in the market.

While you may not have a large number of employees on board or a traditional office space for daily company operations, your brand’s professional appeal is usually the key to grabbing the attention your business needs. When people reach out to your company, you and your team can prove that the business is just as professional as they assumed.

What Makes Toll Free Numbers So Convenient?

Customers that live in your local area may not be affected by your choice to use a local phone number, but if you want your business to grow and expand, toll free numbers are ideal.

Toll-free numbers are often preferred because these numbers take away the possibility of your callers being charged long distance fees.

Toll-free numbers are virtual phone numbers that offer much flexibility at an affordable price for business owners. There’s no need to purchase additional equipment or spend extra time assembling tools for your virtual phone numbers to work, allowing you to invest in other areas of your business. All you need to do is choose a service provider who offers virtual phone numbers to begin and finalize the process of setting up a toll-free phone line. Because virtual phone numbers are easy to use and customize, you’ll find that the many various features will assist you in staying more organized and productive.

When speaking with your service provider, you will be able to find out what features may be necessary to further drive business, promote customer loyalty, and add ease to back-end operations. Some of the main features to inquire about include outgoing calls, text messaging, and vanity phone lines.

Analyze Your Vanity Numbers

Vanity phone numbers from Global Call Forwarding (https://www.globalcallforwarding.com/) will make your business more marketable because these numbers are catchy and stand apart from typical toll-free phone numbers. Modern consumers are bombarded with advertisements throughout their day so being unique is essential. Before deciding on the vanity number that’s best for your business, do research and analyze your competitors and keywords. This ensures that you aren’t marketing with terms that are already in use by another business and that your keywords align with the ideal customers in your market.

In Conclusion

While your virtual phone numbers are about satisfying the customer, remember that you must also be flexible as a business owner and have options that can accommodate you. Toll-free numbers and vanity numbers are cost-free for your customers and they are highly marketable. However, you should also have the option to return phone calls and track customer preferences so that you can further customize your advertisements and products to fit their needs.

With a reliable internet connection and toll-free phone numbers, you can get your business off the ground and in front of a global audience. If you implement the right strategy, you’ll see a return on your investment financially and this will solidify your brand in your chosen market.

Doing Business in Puerto Rico

Puerto Rico is a very interesting market to consider doing business in or expanding into. Though maybe not the first choice for businesses in every industry or market, Puerto Rico offers a wide array of opportunities for others. Its strategic location in the Caribbean gives it a unique positioning, allowing for close relations to other Caribbean islands, as well as a convenient connection to the United States and Latin America. Businesses that operate in the private sector are poised to do especially well in Puerto Rico in the coming years, especially as improvements in infrastructure are erected. Tourism, textiles, manufacturing, and technology are among the most important industries.

If you are considering Puerto Rico as a potential location for your company to expand to, or are interested in developing markets, the following article will offer some excellent insight on reasons it is a very viable option.

Federal Tax Exemption

As you may know, the United States is one of the few countries globally that continues to tax its citizens, even if they reside elsewhere. Some entrepreneurs have been faced with the decision to either renounce US citizenship and forfeit legal protections that come with the affluent nation or suck up the losses in hopes of coming out on top despite the regulations from the IRS. This can be a major stumbling block for some startups that may be seeing large profits straight out the gate but are then impeded by Uncle Sam demanding his cut.

However, Puerto Rico — a commonwealth nation — has the great benefit of exempting its citizens from US federal taxes, while still extending the legal protections of US citizenship that is offered to citizens in the other 50 states and territories. The only catch is that Puerto Rico must be the primary residence for at least half the year (183 days each calendar year).

Low-Income Taxes

If no federal income taxes sounds enticing, also factor in the fact that Puerto Rico offers a fixed 4{69d371dc3a7215af1cf70e657e96c7414241106804c5daaddb02eee3606ab22c} personal income tax rate. This is in contrast to states like New York and California that may tax entrepreneurs up to 50{69d371dc3a7215af1cf70e657e96c7414241106804c5daaddb02eee3606ab22c} – 60{69d371dc3a7215af1cf70e657e96c7414241106804c5daaddb02eee3606ab22c} of their income (with federal taxes). This can be a significant amount of savings for those that can run their business remotely or hire native Puerto Ricans with the excess capital.

Low Personal Property Taxes

If you own property, you owe it to yourself to move to Puerto Rico. Thanks to Acts 20 and 22, Puerto Rico offers a 90{69d371dc3a7215af1cf70e657e96c7414241106804c5daaddb02eee3606ab22c} personal property tax exemption to entrepreneurs that specialize in the manufacturing and export services industries.

No Tax on Capital Gains

If you are concentrating on growing your investment portfolio, then Puerto Rico again offers an unmistakable opportunity: there are no taxes on dividend income or capital gains. By contrast, those who live in the other parts of the US can be subject to 15{69d371dc3a7215af1cf70e657e96c7414241106804c5daaddb02eee3606ab22c} – 20{69d371dc3a7215af1cf70e657e96c7414241106804c5daaddb02eee3606ab22c} taxation that puts a damper on one’s carefully chosen portfolio.

Puerto Rico’s Knowledge-Based Economy

Much like other fast-growing economies like Ireland, Puerto Rico has been quick to realize that the commonwealth’s recent turn of events may be leading to a brain-drain, where ambitious specialists in STEM fields move to where the money is. To ensure that the smart and talented people stay, Puerto Rico offers Act 73, which entails a 50{69d371dc3a7215af1cf70e657e96c7414241106804c5daaddb02eee3606ab22c} tax credit on research and development expenditures. This is good news for the future of Puerto Rico, considering that nearly 22,000 STEM graduates have been educated in PR. While a large majority move out to tech hubs and more stable economies, Puerto Rico hopes that its talented workforce will stay and create an economic powerhouse in the near future.

An Alternative: Virtual Phone Numbers

So, you may still be on the fence about Puerto Rico, especially since other US locations may offer more immediate opportunities. There is an easier way to tap into Puerto Rico without the risks and overheads: Puerto Rico virtual phone numbers. Essentially, a virtual phone number allows businesses and individuals to route calls to and from Puerto Rico by subscribing with a service provider, like Global Call Forwarding. The use of virtual phone numbers is only limited to an entrepreneur’s imagination. This allows companies to hire comparatively cheaper US-based employees in Puerto Rico as part of their strategy, or to test the waters to see whether their business gains traction in Puerto Rican markets without the risks of establishing a physical presence.

Author Bio: Tom Senkus has been a freelance writer for over 15 years. As an avid traveler and businessman, he frequently writes about little-known trends before they hit the newsstands, like cryptocurrency. For more info, visit tomsenkuswriter.com.