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

Small Business Opportunity Cost

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 […]