Sims and Associates, LLC. | Application Preview
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General Information
Business Registration Number: 84-4850864
Location: Blythewood, SC, United States
Length of Operation: Less than 1 year
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
The funds will be used expeditiously for marketing, stipends for interns, and partnerships. I plan to partner with the AAPC and offer training to potential interns until the company is financially stable to create employment.
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Business Plan
I plan to receive 3 to 5 contracts within the next 5 years. Each contract can range from 1 to 5 years of service.The amount associated with outsourcing of medical billing and business optimization is $20K to $100,000 per annual contract. I have partnered with SBA to receive additional information about EDWOSB and WOSB, which, I am pending certifications. I have 3 potential interns that will assist me with expansion. I have also partnered with ClaimTek who has provided the necessary training and resources to assist with company expansion excluding financial resources. Why should you invest into Sims and Associates, LLC? This company is founded on basic principles which include the code of honesty. I am wanting to make a change by operating a fully women owned minority business. The purpose of this company is to create jobs within the United States. My vision is to help others and what better way than to serve this country then giving back. I would like to help other women that operate under a small business.
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Self Identified Competition
1. Resources One Medical Billing 2. Medico 3. Physicians Services, USA LLC All three companies are local. I do not serve just Columbia, SC, I also serve Georgia, Pennsylvania, and North Carolina. There is no other Medical Billing company in the area that is a Women Owned Minority Business. Background on Company Since, 2014 Chief Executive Officer Ashley Sims has completed extensive research within the medical industry and proposes business optimization. Sims and Associates, LLC., is a professional billing service dedicated to meeting insurance and patient billing needs for a practice. We offer a variety of highly personalized services that can improve cash flow and lower operating expenses. Mission and Purpose Sims and Associates, LLC., goal is to help grow medical and dental practices by strategic analysis, increasing revenue, and practice customization. We strive to assure the best strategies are implemented to help practices continue to focus on patients while Sims and Associates focuses on business needs. There is no other Medical Billing company in the service area that is a Women Owned Minority Business that specializes in Medical Billing. South Carolina does not have a representative that serves the area for WOSB training or assistance with EDWOSB. I plan to operate as a WOSB and EDWOSB and partner with the government to offer services through SBA WOSB program. "Furthermore, recognizing the important role that Minority Serving Institutions (Historically Black Colleges and Universities [HBCUs], Hispanic-Serving Institutions [HSIs] from the Hispanic Association of Colleges and Universities [HACU], and Asian American Native American Pacific Islander Institutions [AANAPISIs]) play in meeting the needs of socially and economically disadvantaged markets, this program announcement seeks to encourage MSIs to provide entrepreneurial development services to socially and economically disadvantaged entrepreneurs."
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