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Understanding the Costs: How Medical Billing Software Can Save Your Practice Money

Women Entrepreneurs Can

Budgeting for the total costs of a custom solution, including user training and support, is essential. Cost-Effectiveness Medical billing software can reduce operational expenses by lowering the amount of manual transactions needed to be processed. It also eliminates hiring an outside company to file claims with insurance payors.

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5 New Venture Mistakes That Can Cost You The Business

Startup Professionals Musings

Entrepreneurs often put off the hassle and the cost of filing a patent until first funding. Then they realize that they have talked to many people without signing non-disclosure statements, precluding a patent, or someone else has now beat them to the filing docket. Founders ignore non-compete clauses from former employers.

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Why Misunderstanding Startup Metrics Can Cost You Your Business

Both Sides of the Table

The key to being able to run a business that isn’t yet profitable (on operating margin) is availability of capital to finance losses and preferably at a cost that isn’t too punitive to the founders and employees. CAC is often measured incorrectly and doesn’t often doesn’t capture the true costs of acquisition. The first input is CAC.

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Primary Problems with Enforcing Non-Compete Agreements

YoungUpstarts

Businesses often require employees to sign non-compete agreements to protect their business interests. However, just because an employee has signed a non-compete agreement does not make the agreement valid under the law. Non-Compete Time Period. by Yasir Billoo, partner at Golden & Grimes LLP.

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Reasons Why Hiring A Digital Marketing Agency For Your Business Is A Must

YoungUpstarts

In the old days, marketing agencies were non-existent, and most companies were struggling to market their business and making sales. Almost every business needs a digital agency to compete in the tough business environment. Considering hiring an in-house marketing team can be relatively expensive. To Reach Potential customers.

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Pros & Cons Of Non-Compete Agreements

YoungUpstarts

Non-compete agreements can be an effective tool to protect these assets. Under the right circumstances and when properly drafted and implemented, non-compete agreements are enforceable in Florida. A competitor who hires an ex-employee under a non-compete can become liable for what is known as tortious interference.

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Six Criteria for Outsourcing the Right Processes

Startup Professionals Musings

In fact, the considerations are not unique to software development – they apply almost as well to any product or service you have: Control of core competency. Don’t outsource your core competency. Near-shore and local outsourcing alternatives are manageable with contracts and non-disclosure agreements. Cost factors.