How Running A Small Business is Like Coaching a Football Team
It may not be something that often crosses your mind, but football coaches and small business owners have a lot in common. Both professions require leadership, dedication, commitment and a strong work ethic in order to succeed. Just like football coaches, as a small business owner, you must take on many roles to ensure everybody […]
Front Desk Employees
During our Medical Practice Profit Drivers class we ask participants what area of the practice they think is the most critical to driving profits: clinical, front desk or billing? The question always generates lively debate with an almost equal split among people forcefully arguing for one of the three departments. When the front desk faction […]
Making Something Out of Nothing – Money is No Excuse
Assisting entrepreneurs to estimate their funding needs, whether launching a new business or expanding an existing one, is a service we provide at the UGA SBDC. Identifying sources of capital and gaining access is another area of support. That said, tracking how businesses are funded is an important and interesting part of our job. Over […]
Economic Impact of The UGA SBDC
The annual economic impact study of the University of Georgia SBDC, published in August of 2015, provides solid evidence that entrepreneurs utilizing SBDC assistance experience employment growth significantly greater than the state average. All clients who received five or more hours of consulting in 2013 received a questionnaire that inquired as to the benefit of […]
Should I Have an App for My Business?
In this age of handheld interaction with smartphones and tablets, businesses need to engage their customer base as much as possible. What better way than with a mobile app? But before launching into the new world of app development, business owners should answer three major questions. What do you want the app to do? […]
The Answers Are Different This Week
“In preparing for battle I have always found that plans are useless, but planning is indispensable.” -Dwight D. Eisenhower For many of us, allocating time to plan becomes a significant challenge of priorities. Do we work on the urgent or the important today? Frequently, this becomes the question of the day. In most cases, if […]
The Most Important Cost You Never Consider
John is a web designer. He owns a small web design company and carefully considers the cost of labor, especially outsourced jobs, when he bids on a new website project. Sometimes, to save money, he’ll do most (if not all) of the work himself, especially on smaller jobs. He makes a profit most of the […]
Importance of Professional Development
Improve your business success by making time for professional development! Often business people get so caught up in the day to day that they do not make the time, nor do they see the value, of taking the time to attend professional development programs that can help them manage and grow their business. Below are […]