October 15th, 2013
One of the major difficulties an entrepreneur faces while setting up a business is raising the desired capital. While borrowing from family or friends is an easy way to raise capital quickly, it often leads to relationship strains causing problems between all the parties involved including the business venture. However, now there are various options available to the budding entrepreneur, and more importantly, capital is much easier to obtain.
Business funding has expanded to such an extent, that the funds now come to the businessman and not the other way around. A very effective way of raising capital is through angel investors. They offer a large amount of capital which can definitely fill up the startup equity gap. However, this is a feasible option as long as the entrepreneur is willing to provide the angel investor a percentage stake in the company ownership and a large return on investment.
The traditional means of business funding which is also a viable alternative to angel capital is bank loans. However, obtaining a bank loan requires certain criteria to be fulfilled. Firstly, the entrepreneur must have a good credit history so that the lender is confident about his/her ability to repay the loan. And secondly, the business plan has to be presented to the bank including the financial predictions. Another option of business funding which is now on the rise is online market places where small established businesses can directly borrow from the people. People lend their money to small businesses in order to spread their risks.
Thus, there are different ways (both informal and formal) in which an entrepreneur can raise capital for a new business. Each option has its own advantages and disadvantages. Hence, it is necessary for the borrower to treat every prospective lender as a business professional.
September 15th, 2013
Clinical documentation is one of the most important aspects in health care and medical services, and for this reason it should be carried out with precision and care. Without the proper method of caring for these documents, users will encounter a number of consequences including miscommunication that may endanger people’s lives. The most important thing to remember is that all details to be documented are vital, including the age, habits, gender, symptoms, personal life as well as other details that may have an impact on the medical condition of the patient.
Most of the time, clinical documentation is centered on the patient but there are a number of aspects that are related to the administration wing of the hospital or medical center. Some of these details include the tests, diagnosis, treatment and billing details. This means that a single patient’s file can contain a large number of details thereby calling for an improvement in the documentation process. With the right management program, not only with the hospital capture all the necessary details concerning each patient but also make it easier for the staff to manage these documents.
The other reason why a medical institution needs an improved clinical documentation system is to allow it perform its duties effectively. Without proper system, the hospital may end up missing important details, causing it to be incompetent or obsolete. With this in mind, it is essential for all medical institutions to find a system that will make it easier for them to come up with the right medical plan for each patient. One of the ways to do this is by organizing their daily operations, systemizing the processes and resources for easy access and elimination of time wastage. With the system, the institution will turn out to be the best because of its effectiveness and reliability in giving the best medical solutions in a shorter period.
August 17th, 2013
As the debate goes on regarding the use of sunbeds, between government regulators and tanning associations, salon owners should be aware that, regardless of the rights or wrongs of the debate, the fact that it is taking place at all could have an impact on the industry. Many people who work very hard to make a living in the tanning industry argue that the regulations are too stringent, and that the media is responsible for scare-mongering, and thereby damaging the industry. But business is business, and even if it is just scaremongering, they should be aware if people are actually turning away from sunbeds. The good news is that there are increasingly attractive and viable alternatives to ultraviolet tanning, which give businesses a chance to retain the custom of those who are changing their minds about sunbeds, but who still want to have a good looking tan. If this is to be achieved, they have to be sold on the arguments for alternative tanning techniques. So, what are the other benefits and advantages of the main alternative, airbrush spray tanning [http://www.sunlesstanning.org.uk/sprayGun.html]?
DHA spray tanning has several important selling points when compared to sunbeds. Its active ingredient, dihydroxyacetone, reacts with the amino acids on the surface of the skin, making the skin change to a darker hue. Once sprayed, the body maintains the tan for up to ten days, whereas sunbed tans need to be maintained and topped up with much higher regularity. Also, the effects of airbrush spray tan are very fast; a tan will be fully visible within twelve hours of the DHA application, meaning that a good tan can be achieved at short notice. If a customer wanted to appear visibly more radiant for a special occasion in a few days’ time, for instance, a single sunbed session would not do the trick. Rather, they would have to use spray-on tan in order to get the result in time. Similarly, the fact that it doesn’t need topping up for ten days after the application is an advantage over sunbed tanning. To maintain a sunbed tan you probably need to have a session at least once per week. Having to visit the salon less often can free up a customer’s schedule.
DHA is well established and trusted by beauticians, and has been in use for cosmetics for over thirty years’ time. It is a safe and cost-effective method of artificial tanning. It has also improved a lot and tanning spray products are, on the whole, much better than they have been in the past. Customers will need to be convinced that the spray will not turn them the orange-like colour of stigmatising caricatures, and that the industry has made great progress in advancing the technology to achieve an authentic bronze tanning effect.