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201 GREAT IDEAS for Your SMALL BUSINESS, Third Edition by Jane Applegate

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GREAT 66 IDEA: Set Up a Teleconference

Videoconferencing is another great option for collaborative work or a virtual meeting. Years ago, only big companies could afford the technology, but now you can, too.

FedEx/Kinkos offers videoconference services at many locations. You can also try Logitech's LifeSize Communications or Cisco's TelePresence, which is more expensive. If you have $300,000 you can install your own Cisco video conference suite. Many Fortune 500 companies have done so. Most major cities have a variety of more affordable videoconferencing services available.

If you need to use the technology frequently, IBM, Cisco, Avaya, and Microsoft all sell desktop-based video technologies. You can video chat on your iPhone or other smartphones, ...

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