The Unified Group Hosts Financial Forum
Attendees Discuss, Share Financial Challenges and Advice
BROADVIEW, Ill. — The Unified Group hosted a financial forum in Denver, with attendees sharing the challenges they’ve faced in 2013, while discussing how to manage burden, find more time to keep up with IT and technology changes, continue the battle with software providers, and achieve a culture of excellence.
Before the session, members completed The Unified Group Financial Benchmark put together by Shane and Melissa Dick of Atlas Consulting, Wichita, Kan. Using the data collected and presented, Atlas facilitated a “Best in Class” discussion highlighting four members who retained cash longer, had a higher return on assets and equity, ran 5 percent higher gross margin, had overhead 1 percent lower, and had a net income range about 7 percent more than the overall group. Members who were “Best in Class” were able to discuss what they had done differently.
Over the two day session members heard from attorney Rebecca Atkins who covered the Affordable Care Act (ACA) – its impact, what owners can do, and strategies to employ. A technology panel, made up of four Unified Group members, explained the different handheld technology each was using and detailed the implementation process.
Publication date: 8/5/2013