Manage Your Business Taxes – Don’t Let Them Manage You

  • Posted by Ashley Panter
  • On March 31, 2016
As an SBDC Business Consultant, I have the opportunity to work with a lot of business owners, and one of the things I have figured out is that NONE of them got into their businesses so that they could pay taxes. The restaurant owner wants to serve really great food. The car dealer is a car guy. But taxes are a fact of business life. So, it is a good idea to have a game plan to handle them in an efficient way so that you can focus on the real reason you got into business in the first place. Here are a few suggestions:
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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.
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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 […]
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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 […]
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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) […]
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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 […]
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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 […]
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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 […]
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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 […]
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