micro-economics

How to Use Simple Micro-Economic Principles to Guide Your Business Decisions

Good economic decision-making revolves around the objective to maximize benefits while minimizing costs.
By John V. Guiliana, DPM, MS

A medical practice is a small or large business the success of which ultimately depends upon good decision-making strategies. Unfortunately, in many practices, the decision-making process is often reactive and not proactive. Small business owners and managers often do not have time to…