This CNNMoney.com article is fascinating, at least to me. A doctor opens up about his clinic/practice in terms of the financials of it. As a small business owner, I have a complete appreciation for the decisions he has to make in terms of his business. At the end of the day, it is a business. If you think your business has to fund some extraordinary insurance policies, wrap your mind around this information: Fixed costs for a private practice also include malpractice insurance. He pays about $7,000 a year for himself and $2,000 each for his two nurse practitioners. Schreiber admits that his cost for malpractice insurance is relatively low,… Read More
Continue Reading‘Help Wanted’ Has Become Obsolete
Isn’t that the truth? Here are some sobering points from a CNNMoney.com article: Businesses with fewer than 50 employees cut another 75,000 workers in October, according to estimates released Wednesday from payroll processor ADP. … A telephone survey of 830 small business owners conducted by management consulting firm George S. May International from Oct. 28-30 found that 74% of the owners polled do not plan to increase their staff headcount in the next 90 days. It has been our experience that sales hiring typically slows down during the holiday season, but companies often discuss their Q1 hiring plans with the intention of a fast start to the new year. Unfortunately… Read More
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