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 […]
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 […]
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 […]
Adding Employees in the Medical Field
Owners of growing medical practices often ask if they can afford to hire a new provider or bring their medical billing in-house. We have developed tools to determine the cost of adding medical practice employees. Clients are often shocked at the calculations. Our tools examine one-time upfront costs such as recruiting, credentialing and legal fees, […]
4th Annual Women’s Business Expo in Athens, Nov. 20th
[vc_row][vc_column][vc_column_text] Learn . . . Connect . . . Grow . . . Succeed at the UGA SBDC in Athens 4th Annual Women’s Business Expo. A regional favorite is back! Join us on Friday, November 20th at the UGA Special Collections Library to grow your connections with other women in business, learn from, and be […]
Four Factors to Consider When Expanding your Business
There will come a time when you will saturate the market and have to consider growing your business by entering a new location. While there are many factors to consider, current relationships could play a major role in the success of the new location. As you and your team begin searching and planning, remember to consider […]
Focus on Your Strengths and Grow
As small business owners continue to tighten their belts, minimize discretionary spending, and watch as friends and family lose their businesses, their jobs, their homes and suffer personal challenges during this recessive economy, it is critical to focus your energies on your business strengths. For those companies who have weathered seasons of the highs and […]