A Deeper Insight Into The Business World

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Birmingham: The place to be in business

Birmingham: The place to be in business

Whether you are just starting up in business, relocating your company or branching out into new premises, finding the right place to operate from can be a real headache. You need a place that’s the right size, with the right facilities, is easy to access, […]

Most Inspirational Entrepreneurs: What can we Learn from Them?

Most Inspirational Entrepreneurs: What can we Learn from Them?

Everyone admires them; some people would like to be them, or at least emulate their success. The most inspirational entrepreneurs of our time are easily on a par with similar historical predecessors, whether one is thinking about the greats like Ben Franklin, Henry Ford, or […]

Ways to Navigate the Soaring Cost of Business Equipment

Ways to Navigate the Soaring Cost of Business Equipment

The cost of office equipment seems to be rising on an almost daily basis. Laptops and PC hardware seem to be more expensive now than ever before and this is incredibly bad news for small and start-up businesses alike.

On Wednesday, Lenovo hiked their prices by 20% in Indonesia after closely monitoring their costs. Unfortunately, Lenovo judged that the falling value of the rupee had significantly impacted on the margin of the company and that, with regret, the burden had to be passed onto the customer.

 

Soaring Prices Remains a Global Issue

It is not just in Asia, however, where laptop prices have begun to soar. We have seen several laptop price hikes in the UK over recent years and, as a result, laptops are becoming unaffordable for families and businesses alike.

For this reason, if you’re starting a business, you’ll need to budget for the spiralling cost of office equipment. These days, even £350 is considered to be cheap for a laptop and, if you employ five people, that’s a business cost of £1,750 straightaway, without even considering:

  • Repair costs
  • Upkeep
  • Software
  • Insurance

So, if you’re setting-up a business, you need to be fully aware of this cost and consider the alternate options.

Making Old as Good as New

Brand new laptops may be more efficient than older models, but this does not mean that older models cannot do a job for your business. Often, because they’re older, they’re available at a substantially lower rate.

Although these will not quite have the same level of performance as their updated versions, they will still perform well for your business, especially as it gets off the ground. You can always upgrade laptops later as your business grows.

 

Consider the Refurbished Option

They may not be brand new, but refurbished laptops are available at a fraction of the price of brand new models and, for this reason, they’re a great investment for small businesses as you can buy the best for less.

 

Mix Business and Personal to Begin with

To get your business off the ground, you should consider asking your employees to use their personal laptops to begin with. This is merely a temporary solution for your business but it will significantly lower your start-up fees.

 

So there you go, three quick and easy ways to lower your initial business outlay by navigating soaring laptop prices.

3 Things to Consider When Buying Travel Insurance

3 Things to Consider When Buying Travel Insurance

Travelling is a source of joy and fun. If you are among the lucky ones planning to go head to new and exciting locations then make sure you plan something else while you are wondering what to pack. When people move long term to new […]

Blowing the Whistle on Bad Business

Blowing the Whistle on Bad Business

The False Claims Act is a federal law that holds people or companies liable for government fraud. It includes a provision that allows non-government citizens to take action on behalf of the government. This process is called whistleblowing, and it can potentially make the person […]

5 of the Most Influential Business Leaders to Learn From

Everyone knows something about business. You only have to look at the rising number of ordinary people trying their hand at becoming eBay sellers to understand that most of us get excited at deal making. But dipping your toe in the corporate water, and actually being good at doing business are two very different things. In addition to what we may be able to learn from a leadership coaching program, what can we learn from influential business leaders to help us along the way

1. Steve Jobs (1955-2011)

It’s hard to remember a world without Apple products in it. The sheer scale of dominance of the various i-devices is difficult to get your head around. The pioneer of the product range was of course Steve Jobs, credited with having the vision and creativity required to build up a brand with almost unimaginable reach. Steve Jobs is known to have been difficult at times, but he realized that his role was not to be everybody’s friend. He accepted that one of the key challenges of being a true leader is that sometimes you have to be unpopular.

Jobs once said,”My job is not to be easy on people. My job is to take these great people we have and to push them and make them even better.”

2. Sir Richard Branson (1950- )

The charismatic chairman and founder of the Virgin Group is well known for his sense of adventure. Attempting to set world records whether in a boat or balloon is second nature to this global magnate, worth an estimated $4.6billion. His audacity and fearless nature in taking on new challenges is well recognized, and in the UK he is well known for his outspoken nature. Asked once what his best piece of advice would be, he answered, “Have no regrets.”

Sir Richard’s ability to look forward, even when there are setbacks, has ensured the continued growth of his business internationally.

3. Bill Gates (1955- )

Co-founder of Microsoft, Bill Gates, dropped out of Harvard, and started his business in his garage using it as a workshop in the early days. Fast forward several years and Gates had revolutionized the computer industry, and amassed a fortune to match. Despite this, Gates has consistently resisted the urge to live an opulent lifestyle and instead established a charitable foundation to improve healthcare and tackle serious poverty. His donations to this foundation have amounted to over $28 billion and he’s still not done!

Bill Gates shows us the importance of giving back, and really puts his money where his mouth is.

4. Jeff Bezos (1964- )

Founder and CEO of Amazon, Jeff Bezos has led the way in the world of e-commerce. Having given up a safe job on Wall Street, Bezos took a leap into the unknown, setting up Amazon from his garage. We know now it was the right thing to do, but it was a risky strategy and one which didn’t bear fruit overnight. Even after he took the business publiche resisted outside pressure to turn profits fast and kept reinvesting and building his enterprise.

The lessons from Bezos are that we should be prepared to take risks, and focus on long term results.

5. Howard Schultz (1953- )

CEO of Starbucks, Schultz has turned coffee from a drink into an experience. He openly talks about his childhood in the Brooklyn projects, and it’s clear he is a real self-made man. He was one of the first entrepreneurs to provide benefits to his part time employees.  He treats them well and they are loyal. But the difference between Schultz and other well-known leaders is something very simple indeed – he’s nice!

Described as a man you’d like a beer with, the message is not to forget who you are or how you got started.

Each of these leaders can offer us something in terms of leadership tips -put together their pieces of advice to construct a jigsaw of leadership success.

Top Four Reasons to Start a Small Business up Right Now

Should you start a business now or wait until the economy is better? Perhaps you are planning to start your business after you get your degree or have enough capital? Starting a business now is the right thing to do. Successful entrepreneurs know that there […]

Salary Review: How to Know What to Pay

Determining what to pay a prospective employee can be a tough decision. If you offer too little, the best candidate might walk away; if you offer too much you will have an employee who is starting at the top of what your company can comfortably […]

Health Informatics

Learning about health informatics will help you expand your horizons and enter the exciting world of healthcare combined with information technology. Technology has made rapid inroads into the healthcare sector and is useful to improve patient care, reduce costs and adhere to state and federal laws.

 

What Does Health Informatics Encompass?

This field empowers you to work in health, whether you have a background in medicine and health or not. Using advanced technology benefits the hospital or medical institution because it streamlines procedures and back office work. All kinds of information is collected, collated, managed, exchanged and analyzed and this helps with better patient care that is also more effective.

This field uses information systems, the managing of software and hardware networks, as well as databases to successfully manage the flow of information which is extremely important in improving the quality of care while not impacting bottom lines.
The Sunshine Sector

The health informatics sector is booming and slated for growth simply because there are not enough health care professionals in this line and demand outstrips the supply. According to the US Department of Health and Human Services and the Bureau of Labor Statistics, the job outlook for people who are knowledgeable about health care informatics is expected to grow faster than average (21%), unlike many professions which are facing a declining growth rate. This is because of a large shortage of professionals in this field.

As this is a specialized, and yet new, sector, many students are not even aware of career options in this field. The fact is the healthcare informatics is a combination of different disciplines and also involves

·           Computer science

·           Information science

·           Healthcare

·           Communication systems

·           Clinical guidelines

·           Dealing with medical health records

 

Various Courses

Many universities offer full time courses leading to a Health Informatics MBA. Often these courses are undertaken either by medical professionals with little understanding of the use of information technology, or IT experts with no experience in the medical field. The course in health informatics is useful to both categories as it addresses the knowledge deficit.

Usually courses take about two years, include between 33 and 36 credits, and at many universities, can be taken and completed entirely online. Some of the topics that will be included in the specialization courses curriculum are:

  • Healthcare law
  • Healthcare specific information systems
  • Economics and finance of healthcare
  • Healthcare ethical issues
  • Crisis and emergency management and planning; and of course
  • Information security

There may be slight variations from one university to the next however most of the information learned will be the same.

Company Laws and guidelines For Little Businesses

Company Laws and guidelines For Little Businesses

Communicating for enterprise laws in minute details would need a few months of your time! There is indeed a variety of regulation that controls businesses, which range from condition to nation laws. Some are appropriate to your company even these days whereas others are obsolete […]