What is the Business Potential for Me?
While federal and state laws prohibit us from specifying just how much you can earn with your MedOffice™ Electronic Claims Billing franchise business, we can tell you that your income potential depends upon many factors such as how much time and effort you dedicate to your company start-up and on-going services. Other factors influencing your annual income include your prior business background, your skills, and your willingness to aggressively market your services and then perform as promised.
In order to help you estimate your potential earning power, we've provided the cash flow projections chart below for you to use. Explanations for expenses and income are shown on the next page. This six-month projection will give you an overview of your business start-up costs and income curve. We have also provided a two-year "hypothetical example pro-forma" in the Uniformed Franchise Offering Circular (UFOC), Exhibit B
We also recommend that you read Making Money in a Health Service Business on Your Home-Based PC by Rick Benzel. The section pertaining to medical billing contains excellent explanations about methods of charging and specific income and expense projection information.
