How Can EHRs and Healthcare Information Systems Help You?

Feb 7, 2017 by

How Can EHRs and Healthcare Information Systems Help You?

If you haven’t switched to electronic health records (EHRs) just yet, now is the perfect time to make that leap. Hospitals and healthcare providers are implementing EHRs across the board to allow for better patient care and good management of patient information. EHRs are just a small portion of the improved health IT ecosystem being used to improve care, according to studies complied by the University of Cincinnati. Systems such as better medical imaging and access to healthcare information through online portals and resource centers are also making healthcare more accessible than ever.

It doesn’t stop at our healthcare industry either. Universities and their online MSHI programs are now offering students a chance to become health IT specialists through courses that focus on information systems. These changes will continue to bring positive changes to the entire healthcare system for years to come.

To learn more about how EHRs and healthcare information systems can help you, be sure to read the full The Anatomy of a Health IT Ecosystem infographic below.

This infographic was created by the University of Cincinnati.

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Top Alternative Ways to Raise Capital for Business Expansion

Jan 19, 2017 by

Top Alternative Ways to Raise Capital for Business Expansion

Looking to finance your business expansion without going to the bank? Capital for growth or renovation can be hard to acquire without assistance from institutions, which is why it’s important to your lender wisely before even applying for a loan.

In this article, we will discuss the top alternative ways to raise capital for your business expansion. Chances are you will use a combination of two or these, but for most small businesses, one lender is enough.

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Navigating Asset Finance for Small Business Growth

Jun 3, 2016 by

Navigating Asset Finance for Small Business Growth

Small business can make smart use of asset finance and its various benefits to fuel growth and expansion. But how does asset finance work, and is it right for your business? Here’s what you need to know.

Typically, business growth requires serious investment of capital in relation to new equipment, machinery, plant, vehicles, technology or other business assets. But if you’re a new start up enterprise, how can you afford to spend on such assets in order to grow and expand your business?

Asset finance, as provided by Ultimate Finance is the solution. Hire purchase and leasing options provide access to assets which you might not be able to afford to purchase outright.

How does Hire purchase function?

The basics: at the end of the agreed term you own the asset. A deposit of between 10% and 20% is normal. You pay a set monthly sum. You get access to the asset without needing to come up with the full amount upfront. However, you also need to factor in the interest you will pay over the term, which can typically be 25% of the overall value of the asset.

Benefits of hire purchase

  • No need for a bank loan.
  • No collateral or security required.
  • You own the asset at the end of the term. You can sell it and recover some of the investment made in it.
  • Hire purchase payments are tax deductible.

How does leasing function?

The basics: you use the asset, but never own it. Normally there is no need for a deposit. You pay a set monthly sum to use the asset. At the end of the period you can upgrade or replace the asset or simply terminate the agreement. Lease periods are flexible, typically between a month and 24 months. You avoid the need for large capital expenditure upfront, although you never actually own the asset.

Benefits of leasing

  • At the end of the term you can simply terminate it, renew it, or possibly purchase the asset (optional).
  • It is easier to update an asset for the latest version (if this is important) for your business.
  • Leasing often includes all related services such as maintenance, repairs, insurance and replacement in case of breakdown. You are only responsible for the monthly payment.

Being able to access the necessary machinery or equipment which will allow your business to expand and move forward is essential for growth; and asset finance allows you to do this without the need for immediate large capital investment. By spreading the cost of asset acquisition over a longer period, either through hire purchase or leasing options, your business can move ahead confidently.

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The Top Questions to Ask Yourself before Becoming a Business Owner or Entrepreneur

Jun 1, 2016 by

The idea of having your own business has always been an attractive one for many people – you have your own time, you can manage your schedule the way you want, you can have other people working for you, and, if your business is successful, all you have to do is sit back and rake it all in. But having a business is more than this. It takes plenty of time, effort, and resources before you can make it work. But if you are thinking of becoming ‘your own boss’, how do you determine if it is really what you want to do and if it is really the right fit for you? Below are some top questions you should ask yourself before venturing into the world of business as an entrepreneur.

Am I really suited to having my own business?

You have to be honest with yourself when you ask this question. First, you have to have an idea of what benefits you can accrue by being your own boss. Afterwards, think about the disadvantages of being an entrepreneur. Do these benefits and disadvantages suit your own goals in life, your personality, and your skills? Additionally, you have to assess your leadership skills. Do you see yourself as a leader, or are you more of a follower? Are you good at motivating other people? Additionally, are you comfortable with reprimanding other people or disciplining them? How about making decisions? Are you comfortable taking risks and making major decisions, or would you rather leave this burden to someone else?

Do I prefer stability, or do I like taking risks?

The Top Questions to Ask Yourself before Becoming a Business Owner or EntrepreneurImage Courtesy to : Stuart Miles/FreeDigitalPhotos.net

Many successful entrepreneurs like being in full control, and they also like the challenges related to running their own company. If you see yourself this way, then it’s the first step to becoming your own boss. However, if you prefer the stability and security brought by a job, paid holidays, and government benefits, then you may be better off staying an employee.

What strengths and weaknesses do I have?

You also have to be fully aware of your own strengths and weaknesses. Once you have a complete understanding of this, it will be easier to choose the type of business that will showcase your strengths and not your weaknesses. Also, if you have a particular skill in a certain sector or industry, then you may want to take advantage of it. If you don’t, it would be a good idea to find a partner who has a background in the industry you are interested in.

Additionally, you should work on your weaknesses. If you have a weakness in finance or accounting, then you could find someone to help you with it from the start, such as one of the many firms of accountants central London offers.

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Popular Forex Trading Strategies

Feb 29, 2016 by

Popular Forex Trading Strategies

Forex trading is done best if done with the best Forex trading strategies in hand. Over the years countless number of different strategies was invented and some rely on the technical use of charts and numbers while some use the fundamental understanding of the market with reference to current News and events. Some strategies develop in popularity while some others are used only by a small portion of the traders. We will discuss some of popular Forex strategies here in this article.

One of the most popular Forex trading strategies

Support and resistance level is one of the most popular forex trading strategies and every trader should learn how to look for support and resistance levels on the charts. This strategy serves as a baseline for trading activities and analysis of trading. The best thing about this strategy is that a good trader can spot the support and resistance levels even on a naked chart since they are ease to be identified.

Scalping

Scalping technique is a great trading technique for many traders. It is a low risk strategy but it allows traders to make strong profits over the time. A great amount of patience and alertness is required in the scalping technique. Emotionless trading has to be strictly performed along with this strategy as they lead to compulsive actions not good for this kind of strategy.

Trading with trends

Trend trading is one of the leading Forex trading strategies today and helps in increasing the profits significantly. The strategy belongs to the identification of the trend and trading alongside it. Though this strategy seems to be easy, in real sense many dilemmas pop up when trying to identify the trend and thus trend trading strategy requires a lot of trading skills.

Hedging

Hedging is one of the most popular Forex trading strategies in which you try to limit the risk and increase the probabilities of winning. The hedging technique is very popular today and in fact many Forex institutions make it a mandatory technique in their tactics.

Multiple time frame trading strategy

This is following a currency pair over different periods of time. Through the analysis of a currency pair over different time periods, it is possible to spot the trends on bigger and smaller scales thus making a better analysis.

Candlestick Forex trading strategy

Candlestick charts are one of the most popular Forex charts and it is used widely by retailers as well as investors. The story of past price action is told easily by the candlestick charts. When trading is based on the technical analysis of these charts, the decisions on the future price action are made mostly on how the price reacted in past. The candlestick chart trading strategy is perfect and most widely used amongst the traders.

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How Investment Companies Have Jump-Started Middle Eastern Growth

Dec 10, 2015 by

How Investment Companies Have Jump-Started Middle Eastern Growth

No matter where a company operates, they provide a world of good for local communities when they set up operations. A company that opens up or expands operations in the Middle East and beyond will have a lead role in improving the way of living for the whole country. Business professionals who expand into areas that are in need of growth will help play a major role in the advancement of many communities.

Breakthroughs in Technology

Even though many people take cellular and wireless Internet service for granted, these are services that are out of reach for many people. In many areas of the Middle East, many people live in communities where access to an infrastructure to support steady Internet access is rare. When businesses have a presence in these areas, they will bring new technology to those who need it the most. Rural residents can experience Internet access for the first time, and may have access to cellular service that was unavailable previously. If you are in business and have thought of expanding into such areas, this choice may be a good one all around.

Putting More Jobs Within Reach

Every community benefits from job creation, especially in regions where wages are lower than in the bigger cities. One of the good things about companies of various sizes having a presence is the fact that they have a greater number of jobs to offer. Workers will have plenty of opportunities to experience the workforce, expand their skill set, or take on whole new careers. For example, residents in an area that caters to tourists who work in a store or restaurant may develop the skills to open a business of this sort.

More Choices Make a Healthier Economy

When companies can compete for business, they provide healthy stimulation to the economy. Making a greater range of affordable products and services available through healthy competition does a lot for the communities in question. When a company makes it easier for people in an area to take advantage of a fuller range of products and services, the rewards will also be seen in the overall boost to the economy.

Making the Quality of Life Better

In many areas of the world, things that people in Western nations take for granted like free education, are often rare. Businesses that have the capital to expand into some of these areas can use their resources to put some of these concepts to use. Another advantage of business expansion is greater empowerment for women and ethnic minorities, who may have more opportunities with the presence of new companies.

It takes not only a healthy amount of financial resources but also keen knowledge of investing to maintain a global business presence. Reading about Fahad Alrajaan and other key figures in the investing world is a good way to learn about the impact that investing groups can have. Even smaller businesses have a good chance of success in new areas with a greater need for expansion. Take a look at the bigger economic picture, and you will see how your business can make things better. You never know how much of a broad impact your business will have until you try.

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