Times Are Tough-Scrutinize Every Input Choice

  • Posted by Nathan Arnold
  • On March 22, 2016
Seems like most everybody who retails ag inputs is offering products that they profess will boost yields, even make ‘em skyrocket. Only problem is, claims often aren’t backed up with unbiased data to prove that these materials provide growers with a return on investment–that ROI that should guide every decision.
Read More
 

Understanding Gross Margin

  • Posted by Ashley Panter
  • On March 2, 2016
Ignoring your financial statement is like ignoring the health of your business. Startups and new business owners often overlook understanding gross margin. This can have a direct impact on your ability to effectively manage a growing business, price your products, and most importantly, make a profit.   Gross Margin Overview The gross margin represents the […]
Read More
 3

UGA SBDC Acquires Access to Powerful Industry Data

  • Posted by Ashley Panter
  • On January 27, 2016
The University of Georgia SBDC recently acquired access to data from the largest provider of industry information in the U.S. known as IBISWorld. With over 40 years of experience, IBISWorld has constructed economic, demographic, and government data into 700+ industry reports and profiles. Each report is updated at least annually so that the most current facts and figures are included. The UGA […]
Read More
 

Allow Us to (Re)Introduce Ourselves

  • Posted by Ashley Panter
  • On January 25, 2016
As the year starts anew, we thought it would be a good time to introduce ourselves to our many recent subscribers who have asked to receive our newsletter. Our faithful friends and supporters may also learn something new about us, as we are always adding to our skill sets in order to help grow Georgia’s innovative small businesses.   Humble Beginnings The Small Business Development Center (SBDC) […]
Read More
 

Foreign Receivables Insurance: A Tool to Grow Your Business

  • Posted by Ashley Panter
  • On January 20, 2016
If you have a business that sells product or service internationally, or if you are considering selling your product or service to foreign buyers, you may want to consider using receivables insurance as a way to grow your business and mitigate risks commonly associated with international sales. If you are selling internationally, the least risky […]
Read More
 

Using Online Video in a Different Way

  • Posted by Ashley Panter
  • On January 19, 2016
The previous 12 months marked quite the year for online marketing with one of the biggest trends being the use of video marketing. In fact, the company Hubspot called 2015 the year of video marketing. People use their free time to just pull out their phone or tablet and watch a video. According to Groupon […]
Read More
 

How Running A Small Business is Like Coaching a Football Team

  • Posted by Ashley Panter
  • On January 11, 2016
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 […]
Read More
 

Front Desk Employees

  • Posted by Ashley Panter
  • On January 6, 2016
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 […]
Read More
 

Making Something Out of Nothing – Money is No Excuse

  • Posted by Ashley Panter
  • On December 21, 2015
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 […]
Read More
 

Economic Impact of The UGA SBDC

  • Posted by Ashley Panter
  • On December 21, 2015
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 […]
Read More