This is a subscriber-only article. Join Entrepreneur+ today for access

Learn More

Already have an account?

Sign in
Entrepreneur Plus - Short White
For Subscribers

Found Your Calling? This budget-friendly VOIP system beckons.

By Mike Hogan

Opinions expressed by Entrepreneur contributors are their own.

It's called preservation of capital--a fancy name for not spending money any sooner than you have to. That's what a virtual PBX like Vocalocity does for entrepreneurial businesses. You get the same fancy phoning features you would if you plunked down six to seven grand for an on-the-premises phone system but with VoIP calling services added in for one monthly rate. Your only out-of-pocket expense is $150 for each advanced three-line deskset you need to connect to the internet.

Vocalocity's all-you-can-call-in-North America Unlimited Extension plan is $39.99 per user per month. A phone company's servers, not local hardware, deliver caller ID, call forwarding, three-way calling and most other advanced features. To install the Vocalocity PBX, you just plug each Vocalocity phone into your wireless router/broadband connection, plug in its AC adapter and step back while it configures itself. I wish I owned a Windows PC with half the smarts of the Polycom SoundPoint IP 501 deskset I tried out. It's actually a small computer with a big, 4-by-2-inch LCD display that shows three lines, each with a distinct phone number. One could go to an auto-attendant for your company's main number while another is a customer service line.

Editor's Pick

Related Topics

Side Hustle

This Millennial Dad Just Wanted to Help His Daughter Care for Her Bearded Dragon. Then His Cricket-Breeding Side Hustle Exploded — Earning $27,000 in One Month.

It wasn't Jeff Neal's first attempt at a side gig, and before long, the "prototypical millennial side-hustler" realized his product had major potential.

Business News

Bill Gates Just Said These Are Some Of His Top Five Favorite Books Of All Time

The billionaire typically releases a favorite book of the year list. But he switched it up on Monday and released some of his all-time favorites.

Leadership

4 Out of 5 Entrepreneurs Step Down as CEO — Here Are 3 Things You Need to Do So You're Not One of Them.

Navigating the journey from entrepreneur to CEO is a profound transformation, one that often separates visionary founders from effective business leaders.

Business News

Chipotle Customer Throws Food At Employee in Brawl, Judge Offers Employment Instead of Jail Time

The video of the September 5 altercation quickly went viral on Reddit.