Business Financing, Small Businesses in USA, US Fundraising January 19, 2019 Regardless of your industry or how much experience you have as an entrepreneur, certain mistakes can hugely affect a business. One thing that most successful entrepreneurs say day in day out is that there is no template for success. That is certainly true since no one follows a certain procedure to become successful. The experience of being a business owner and turning into a successful one is unique from company to company. Bear that in mind, there are certain things that are true universally. Making some mistakes as an entrepreneur will sink a business into losses. Furthermore, it may even lead to closure after a long period enduring losses. Making financial mistakes, especially for a new business may be more hurting. That requires the entrepreneur to be more vigilant in dealing with any mistake that may lead to dire effects. Here are five major financial mistakes that small business owners make put their companies in jeopardy. For every business owner, you should strive to ensure you avoid these mistakes…

A crisis A crisis refers to any event that leads to an unstable situation in an organization. Organizations will always experience the problem as they operate in a competitive and complex environment. Wounded Lions, as covered by Smith, describes the happenings at Penn State University, sports and academics integration, and independence that led to the child abuse scandal. In Pennsylvania, athletics was respected, and Penn State University considered a powerhouse against its rivals. However, it was revealed that child abuse tended to occur in the athletics department for an extended period and covered up against its policy and regulation. Child abuse tendencies became a significant scandal crisis that tainted the image of the University to the public. The child abuse scandal affected various important stakeholders: The government, society, sports fraternity, sports administrators, University administration, parents, and students. It was a shocker as it was against the ideals of sports and the University; such a thing was not expected. The public criticized the government and the University administration for not monitoring and supervising the athletics program as expected and making sure…

Planning Planning is essential in every activity because failing to do so invites disappointment. Studying is one aspect of a student’s life that requires planning to enhance one’s learning experience and the achievement of general school objectives. Consequently, learners need to acquire effective academic skills to define their approaches to studies. The methods one selects play a crucial role in increasing the chances of getting good grades. The main components of studying strategies include information retrieval, processing, organizing, and retention. I have gathered various learning skills throughout my academic life, some of which have been successful, and others have not. However, gaining more knowledge on the same will take my learning to a higher level. One of the learning strategies I have used for a long time is rereading. I go through a specific text severally, revisiting and rethinking the contents so that I can grasp as much as I can. This approach appeals to me because I am a last-minute person and often use the technique overnight before walking into the exam room the next day. Furthermore, rereading helps…

US Tax Policy, Tax Returns, Tax Refund, IRS Tax Deductions January 13, 2019 When you start a small business in the US, you will obviously feel overwhelmed by taxes. This is especially when your startup will be in states with high taxation rates. However, the Internal Revenue Service (IRS) will offer some relief through deductions on business expenses to help lower your tax bill. You may have a chance to get a good return if you keep good records throughout the year and your business expenses are ordinary and necessary. Most notably, there are countless deductions to choose from when filing for taxes. If you are not sure of the deductions for small businesses in the US, you should read on. Charitable Contributions Based on the US tax policy, charitable giving not only benefits the receiver but also the giver. The charitable contributions are in form of cash or property. Regardless of the form of donations, they are deductions to be made from your taxes. Even so, there are limitations to making these deductions. For instance, you can only donate…

Capital Solutions, Small Businesses in USA, US Fundraising January 15, 2019 Lack of funding is one of the primary reasons for business failure, not only in the US but also across the globe. Many lenders will not be willing to lend money to businesses with bad credit scores. Moreover, even the Small Business Administration (SBA) will not guarantee any business with bad credit history for any loan. Nonetheless, a business can still qualify for a loan if you have bad credit. For an entrepreneur, you only need to know your options and viable approaches on how to prepare for application. Nowadays, entrepreneurs in the US can easily acquire capital with very little hassle. The credit history of entrepreneurs has in the past served as gatekeepers and hurdles in acquiring business funding. Factors that negatively affect borrowers have stepped aside in favor of more flexible and sensible lending criteria through alternative lending. Presently, even bad credit is now surmountable. In fact, alternative lenders are taking into account a wide variety of factors for approval. Banks are looking into factors such as…

Moving to the USA, Raising a Family in the US, Living in the US January 10, 2019 Every year, people all over the globe get a chance to apply for the US green card. In fact, winning the green card is a dream come true for many people who would want to live permanently in the US. Nevertheless, there are more benefits to obtaining a US green card. This is why many foreigners apply for the green card as soon as they become eligible. The green card is sometimes called the permanent residency. Below are the primary benefits of acquiring the US green card. The Freedom to Live Permanently and Work in the US After obtaining the green card, the law allows a person to live permanently in the US. Consequently, you enjoy all freedoms of a US citizen including free movement and working for any employer in the US. Besides, you can take any work you wish in the US including government jobs. A green card holder does not require any additional work authorization to work in the US.…

Legal Solutions, Small Businesses in USA, Intellectual Property January 12, 2019 Typically, patent trolls attack vulnerable companies with lawsuits claiming patent or copyright infringement. It is evident that patent trolls have become a major problem for many small businesses in the U.S. Perhaps, you may be one of those who has learned about patent trolls the hard way. Some small business owners in the US often get letters from law firms for settlement of copyright infringement. It is very essential to know what to do if you receive one of the thousands of threatening patent violations letters. Below is a quick guide to some of your options. Do not feed the Trolls If you have not received a patent or copyright violation letter from a lawyer, it may just be on its way soon. No one violates patents and copyright knowingly. If you get one in the coming days, do not dash off a response no matter how outrageous the claim may be. Think of the letter this way – every day, businesses and individuals receive emails from malicious people…

Types of facilities that would benefit from the system The types of facilities that would benefit from the system include a hospital. The software is crucial in a hospital setting because it will aid in communication between staff and patients. Also, the software is applicable in keeping useful patient database containing patient personal medical information. Through the software, the practitioners can create customizable temperate to assist in taking notes during patients consultation. Again, it is feasible to attend to patients in remote areas through the software’s telemedicine feature. In a hospital setting, the app provides easy techniques for generating reports on government programs’ compliance and efficiency. Second, a pharmacy facility. In this facility, the software saves time by reducing the prescription process through automation of the manual process involved in patient interaction like prescription and charting. Therefore, the operations are realized through the AdvancedMD e-prescription feature. Also, the software improves the communication between the pharmacist and the patients by integrating the system to remind the specific time of taking medication and review. Third, in laboratory facilities. Software aids in keeping…

Business Financing, US Business Set Up, Starting a Business in the US January 16, 2019 More businesses are coming up in the US now more than ever. There is still a need for small business owners to equip themselves with the tools and skills that will help them attract investors. Funding a small business continues to be a thorny issue for many startup entrepreneurs. The lack of funds to some small businesses in the US comes at a time when there are so many financing options. Different financing options including banks, governments, angel and venture capital firms and Initial Coin Offerings (ICOs) have come up. Unfortunately, some small business owners are still not able to attract financiers or investors. According to a recent survey, more than 60% of small business owners in the US lack capital and cash flow. Mainly, these entrepreneurs are looking to grow their businesses even after successively raising sufficient funds to launch their business. This problem is further compounded by many new startups that make funding opportunities more elusive. To that end, there is a dire…

2 ABC CASE STUDY Running head: ABC CASE STUDY Government and organizations have some similarity in that they both exist to provide the customers with either services or products. They thus formulate goals to help them in this journey. To ensure that these goals are achieved, they both have to come up with strategies which will address the functions which are either core to their operations or those that support the core operations and which will establish at the international level as the benchmark for other organizations and governments. It therefore, becomes essential that key indicators of performance be developed which shall be used to measure how well the organization or the government is performing towards achieving their set goal. In this paper, we shall deal with a case study of ABC Company, which is a semi-government organization in the Public Health industry. Part I The company’s vision is to be one of the best health providers in the world and has a mission to ensuring accessibility of all health services by all concerned citizens through the development and expanding…