Foreign Receivables Insurance: A Tool to Grow Your Business
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 […]
Small Business Financing – The Myths and Realities
This two hour seminar is designed to inform the small business owner about the myths and realities associated with pursuing financing for their business. Seeking a loan or investment for your small business can seem daunting- especially given the amount of incorrect or misleading information often provided about the process. Learn how small business financing […]
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 […]
2016: More Profits, Less Chocolate
The year 2016 has arrived and with it, our annual declarations of New Year’s resolutions and fresh starts. My resolutions this year are to win the lottery, compete on Dancing with the Stars (as a star of course), and limit myself to only ONE pound of chocolate per day. In reality, statistics show that only […]
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 […]
Sound Business Practices Move Georgia Peach Retailer from Stands to Stores
Travelers driving north and south on Interstate 95 will pass 24 billboards inviting them to stop and purchase mouth-watering products like “Fresh Georgia Peaches — Exit 58” and “Georgia Peach Ice Cream” at Georgia Peach World and the Eulonia Country Store in Townsend. The young entrepreneur behind the bold, simple marketing campaign, Jason Reott, is […]