The implementation of the Affordable Care Act has put a spotlight on the insurance and medical industries as a whole, giving new emphasis to the many areas of care that lie under the broad category. Pharmacies and medical equipment companies are two types of companies that are often overlooked, but will have the potential to grow into major roles in the coming months and years. (more…)
Investing in a franchise can be a valuable financial venture as well as a calculated career move. By working with an established brand, franchisees have the benefit of business operations that are already in place and practices that have already proven successful. At the same time, owners can be their own boss and hone their business sense by having control over their own corner of the brand. (more…)
When disaster strikes, we assess the damage it causes in different stages. Much like first responders, we initially focus on physical well-being. When physical wellness is restored, we move on to emotional triage. We begin dealing with feelings of loss, grief, anger, and depression. As we round the final corner, and begin pulling ourselves up by our bootstraps, another level of damage becomes our bedfellow: financial hardship.
The life of a doctor is full of challenges. It’s in the job description. There’s one hurdle that is rarely discussed outside of getting your medical degree, the financial investment this occupation takes.
People often buy into the misconception that being a doctor translates to “living on easy street.” Making a comfortable living in the medical profession is an eventuality, it is not immediate. First, you have to pay off the debt you incurred from your education and training, then it’s likely you’ll need to relocate for your fellowship and your first job. Not to mention the transition into private practice.
This article can help you with at least one of those expenses. We’ll spend some time discussing how a small business line of credit can be used to help you start your own practice.
The one thing that every small business needs to keep cash flow lasting longer or to stay afloat during tough times is capital. As a small business, capital may be something that’s in desperately short supply. When starting out, your company may find itself faced with plenty of expenses to take care of, whether they happen to be for inventory purchases, employee payroll or the odd emergency that might turn up. For small businesses that have no credit or even bad credit, it may be hard to get funding through traditional sources.
Nurturing Business, Cultivating Hope
