5G Your Business Finances, Season 4 Introduction 5G the new standard for network communication, this standard far exceeds our cellular service to our smartphones. Today’s conversation will explore the technology and how businesses and entrepreneurs need to begin thinking about the opportunities that it can bring. The opportunities span all industries and the overall impact to our global economy. In this episode we will take a look at the future and current tech trends that can impact your business and finances. Show Objectives - The Why As business owners and entrepreneurs we must be aware of tech trends that are on the horizon, 5G will impact operations and the financial investments necessary to implement them. Understanding the pending evolution to technology due to 5G will help leaders plan today for the investments they make tomorrow. Being armed with understanding along with having a strategy will allow the business owner to embrace the changes that 5G will make versus viewing it as a threat or disruption or distracting but rather as the building blocks of their organization’s future. Which will allow our businesses to thrive and prosper using 5G technology! Key Issues - Owner/Manager Perspective:
What You Need to Know: 5G
What You Need to Do - The How Evaluate industries for 5G Impact for economic growth, resiliency, sustainability, role in sales. Every industry will be uniquely transformed by 5G’s impact by creating new products and revenue streams. Online Platforms
Healthcare
Remote Work
Entertainment
Automotive and Manufacturing
Article link: https://deloitte.wsj.com/cio/2020/03/02/horizon-next-how-to-prepare-for-the-future-of-tech/ https://www.qualcomm.com/media/documents/files/future-of-5g.pdf Shows Previous: Episode F4.008 KEEPING THE CASH FLOWING Next: Episode F4.010 CASH VS. DIGITAL CURRENCY Written by Celia L. Powell CPA www.celiapowellcpa.com Celiapowellcpa@gmail.com Facebook @celiapowellcpa Instagram @celiapowellcpa Linkedin @celiapowellcpa F2.09.4NA
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