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The medical billing field has been affected by the recession and higher unemployment, which means more people using emergency rooms are opting to self-pay — without insurance. During 2009, the self-pay population increased from 25 percent to 30 percent at ATD Resources LLC in Lakewood, a medical billing company that specializes in billing for 60… Continue Reading Lack of health insurance means more bad medical debt

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ESOPs: Not just an exit strategy anymore

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Not many business owners are aware of what an employee stock ownership plan can do for their corporation. For years, ESOPs have been used as a way to create incentive among employees, which has been shown to increase a company’s profitability. And ESOPs have garnered attention as an exit strategy — but they can be… Continue Reading ESOPs: Not just an exit strategy anymore

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Founded 15 years ago by French-Iranian computer programmer Pierre Omidyar, eBay has revolutionized the auction business. Often described as the “the world’s marketplace,” eBay created and still dominates Internet-based auctions throughout the world. Accounts of eBay’s origin vary. One popular myth has it that Omidyar created the site to sell his then-girlfriend’s collection of Pez… Continue Reading EBay opens auction markets as well as windows to the past

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If eBay and other Internet auction sites have made traditional auction houses obsolete, that’s news to Bill Neal. “If anything, they’ve helped us,” he said. “There are a lot more people who think of themselves as dealers, so they buy here and resell on eBay. We’re just part of the sales chain.” Bill and Paula… Continue Reading Offline business steady for city’s auction houses

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Both the city of Colorado Springs and Colorado Springs Utilities moonlight as auctioneers. The Colorado Springs Police Department auctions impounded vehicles on the third Saturday of each month at CSPD’s impound lot, 2725 East Las Vegas St. There may be some good deals available, but these auctions are clearly not for the unsophisticated or unwary… Continue Reading Even the public sector dabbles in the auction business

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Buying local is buying for Main Street instead of Wall Street, say local business groups. “When a chain locates here, only 16 percent of their revenue stays in the community,” said Mike Callicrate, owner of Ranch Foods Direct, 2901 N. El Paso St. “When a local business opens, 43 percent stays here. And when you… Continue Reading Spending in Springs keeps money here, say locals

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Local groups hope to reignite buy-local passion

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Buy locally — that’s what could move Colorado Springs out of the recession, create more jobs and a stronger tax base. That’s what local groups pushing buy local campaigns believe. Sandia Advertising in Colorado Springs has launched its own “buy local” effort and is seeking to push the movement further. “It’s isn’t just about buying… Continue Reading Local groups hope to reignite buy-local passion

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National Space Symposium

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National Space Symposium attendees and invited guests filled Colorado Hall for a reception April 4. They were there to mix and mingle with conference VIPs, such as Adm. Timothy Keating, commander of NORAD/NORTHCOM and Gen. Lance Lord, commander of Air Force Space Command. Buffets were set up throughout the hall and adjacent temporary buildings erected… Continue Reading National Space Symposium

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Laser welder a gold nugget

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All that matters at All that Glitters is design – creating one-of-a-kind jewelry pieces that reflect nature’s casting of the gems. To further enhance artistic possibilities at the 25-year-old Old Colorado Avenue jewelry store, owner Crettee Nemmer purchased the latest high-tech equipment for designing, restoring and repairing jewelry. To Nemmer and her staff of award-winning… Continue Reading Laser welder a gold nugget

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Although Colorado Springs may not be mentioned in high tech circles in the same breath as Boulder or Silicon Valley, if intellectual property quantifies a techno-hub, Michael Enos is breathing new life into the techno-grapevine as he breathes new life into oil production. Enos is hopeful that KEMSOL Inc., a subsidiary of his company, The… Continue Reading Technology could impact oil production worldwide

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