POST CATEGORY : Finance

How To Select A Billing Company For Your Business

Top 5 Benefits of Outsourcing a Billing Company over In-house Billing

medical billing

Medical billing forms a critical pillar in the healthcare practice. Your core business is to provide quality healthcare and any other support activity like billing can adversely affect your performance if not handled accurately and promptly. To ensure that you get paid for the services your company offers, you need a knowledgeable, reliable, and focused team that will oversee the process. The activities may include medical coding and processing claims, handling insurance firms, and following up on unpaid patient accounts.

As the business leader, you will have to make one critical determination on whether you’ll use your internal staff for billing, or hire a professional billing company to do the task.…

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How Invoice Home Streamlines Invoicing for Online Entrepreneurs

Invoicing is one, if not the most important thing a small business owner does after the sale, next to providing amazing customer service. After all, we’ve put the work in on developing a great product or service and delivered it straight into the eager waiting hands of the client, right?

Throughout my entrepreneurial journey, I’ve found most of the invoicing solutions out there end up being quite costly (money, time, or both) when breaking down the true costs of what I’m paying for.

Business invoice

I started using Invoice Home a few months ago, and I’ve never been happier with my ability to create and send invoices to clients in just a few minutes, from wherever I might be hanging my entrepreneurial hat on in a given day.…

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7 Essential Types of Insurance for Every Small Business Owner

As a business owner, you might be wondering what kind of insurance policy you should get. Here are the 7 essential types of insurance for every small business owner:

Business insurance

1. General Liability Insurance

This insurance is a necessity for all businesses—whether big or small, home based or mainstream. It can protect you and your small business from a variety of claims such as bodily injury, property damage, and any other problems that you, your employees, or your products or services have caused or are alleged to have caused.

2. Commercial Auto Insurance

This kind of insurance covers vehicles owned by your company and anything inside it—your employees, products, or equipment.…

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Best Small Business Loan Providers in Canada

Unlike big enterprises that can apply for bank loans easily, smaller businesses have a harder time raising the capital they need. Banks tend to be strict with their loan requirements and they also require loan applicants to provide a business plan, a good credit history, and collateral.

Small business loans

Fortunately, going to the bank is not your only option if you need for a loan. There are many other sources of financing you can consider. In this article, we’ve listed four of the best small business loan providers in Canada:

1. Merchant Lenders

Since 2011, Merchant Lenders has been helping startups and small businesses in the country.…

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Solving Bank Collection Compliance Issues For United States Financial Institutions

If you run or manage a financial institution, then you already understand how difficult staying ahead of collection compliance laws can be. Although staying compliant is not always an easy task, any mistakes can make it all but impossible for you to collect on delinquent accounts, and they can even result in legal problems.

Bank collection compliance

Taking the proper steps and following an effective plan can work wonders to keep your bank on the right track. If you are unsure of where to start, the following information will get you moving in the right direction. In addition to learning about the most common issues, you will also discover some of the top tactics that are used by industry professionals to keep their records and collection processes organized.…

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PPI: Why You Need It (Plus Why And How To Make PPI Claims)

Payment protection insurance is something that few people in the UK ever consider until it’s too late. The biggest problem with insurance is that you can’t purchase it after the fact.

Payment protection insurance (PPI)

Just like any other form of insurance coverage, PPI is there to protect you and your family in a case of an emergency. It helps to keep you on your feet during hard times, preventing financial ruin and unnecessary bankruptcy. You can learn more about PPI by visiting www.lowfeeppiclaims.co.uk

Once you find yourself in dire financial straits, it’s too late to take out payment protection insurance coverage on your debts.…

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7 Safe And Effective Tax Deductions That Every SME Should Be Claiming

HMRC collected over £533 billion in taxes during the 2015-16 tax year but we think it’s possible that many SMEs, business owners, and employees are currently paying more tax than they need to. They simply aren’t aware of a number of different tax incentives offered by HMRC that could reduce their tax bill. It’s no surprise that HMRC are not very good at letting people know about these incentives, so we are happy to introduce 7 safe and effective tax deductions that you should consider.

1. Tax free Christmas office party, panto or concert

When a company throws a party for all of its employees and the cost is less than £150 per head then it is a tax and NI-free benefit.…

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Look up Loan Facilities from Reputed Nordic Financial Services

Occasional urgent financial requirements may come up. It is a common problem all over the world, especially for small businesses and the average household.

Euro banknotes

Many individuals and businesses in European countries are increasingly facing the brunt of a volatile Euro economy. In a connected common circulation market, economic conditions of one member state inevitably affect another, and vice versa. Furthermore, drastic developments such as jailing of veteran bankers on accusations of fraud and money laundering have affected the market conditions. Usually, you may live normally from paycheck to paycheck, meeting all the bills. However, it becomes problematic when an urgent situation comes up or you spend excessively on credit.…

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A Helpful Guide to Credit Repair for Business Owners

Let’s be honest; it’s not uncommon for business owners to have personal finances which are in the toilet. It’s tough to start a business, no matter who you are.

If you are like most people, you weren’t independently wealthy when you started your business. Your new company was a big risk. It probably still is.

In the early days of a new business, entrepreneurs have to spend incredible amounts of time and energy on their big idea in order to have it take hold in the real world. During this time, it’s common for other aspects of life to suffer as a result: including personal credit health.…

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5 Essential Components of a High Financial IQ

Intelligence comes in many different forms. Some people are great with numbers, others with words, still others with spatial reasoning. Intelligence comes in “non-intellectual” packages too—professional athletes are geniuses at using their bodies to achieve desired outcomes, for instance.

Business woman with high Financial IQ

Some forms of intelligence can’t be learned. You either have them or you don’t.

Financial intelligence is different. Everyone can learn to save and spend responsibly, to set clear financial goals, to invest for the future, to protect themselves against the unknown. If you’ve never thought about these things before, they can seem completely overwhelming. But, just as you can train your brain to learn new skills or concepts, you can slowly raise your financial IQ over time.…

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