Yahoo Groups as a Great Business Tool

I don’t know if you have ever heard of Yahoo Groups.  As the name implies it is owned by yahoo and it is a way for you to build and maintain a group of people.  It is actually very easy to use.  I have been a member of different groups for years now but today I started my own.  I started a group of local people who are interested in real estate investing.  If you are interested in that topic click here to sign up, it is focused on Phoenix Arizona but anyone can join.

There are many things you can do with this group.  It works a lot like a blog.  You can change most everything, and it is very fast and user friendly to set up.  You have the choice of making things private or open.   It will manage members, and send them all new messages in their email.  You can choose to moderate the messages, you can mange who is a moderator.  You can post photos, polls to ask questions, post a community Calendar, have databases to store information that every needs, and you have a section add files that people can download.  (You even get 100MB of free space)

All and all it is really a great service offered for free.  The only semi scary thing is that you don’t have real control, what if yahoo decides to stop offering the service, or what happens if they decide your group as not a good group and they delete it.  I think the chance of both is very slim.  You also run that same risk with wordpress.

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