Description of Business:
In recent times, more and more businesses seek to outsource auxiliary functions and concentrate on their core business. This is the opportunity that American Billing Systems aims to exploit. Established in 1994, the goal is to have doctors focus on the practice of medicine and move the role of processing medical bills to a third party at a commission. American Billing Systems provides the technological platform to make this possible. All you require is a license fee of USD 19,990 and an internet connection and you are ready for business. The use of an ASP (Application Service Provider) means that there is no software installation. That said, many people I speak to think it is an over-hyped idea and for most licensees, profit margins are much lower than anticipated.
Pros:
1. Low Operating costs.
2. Fully-online Application Service Provider.
3. No software installation or technical knowledge required.
4. Processing done online hence no geographic limit to potential target market.
Cons:
1. High license cost (USD 19,990.00).
2. Individual effort matters a great deal in determining level of returns.
(a) Scam - illegal / unethical job or business opportunity designed to trick people out of their money.
Spam - marketing of job or business opportunity, which does not pay out or provides very little value to the job/business seekers.
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