What Is Important About Patient Information Sheets free essay sample

Have you ever been to the doctor and wondered, â€Å"Why do I have to fill out all these forms? † or â€Å"Do they really need to know all this information? † The answer to those questions is YES. There are many components to the information sheet that contain pertinent information for the physician and staff of the medical office. Therefore, there are many reasons why these sheets are so important. However, not all information sheets are the same and some may contain different information based on or according to the type of practice. One of the first components on these sheets is the patient address and telephone information. It is important to have this information and make sure that it is kept up-to-date so that if the office needs to get a hold of you for any reason, such as: being scheduled for a test, then they have all of the correct information to do so. We will write a custom essay sample on What Is Important About Patient Information Sheets or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Also included in this portion can be an emergency contact, just in case they cannot reach you. The next important component is insurance information. It is also important to keep this information up-to-date so that the facility can properly bill the right insurance, if you have insurance, and process the correct co-pay amount if you have one. If you should happen to change jobs and your health insurance company or coverage changes this should be changed on your form on your next visit. Also in this area of the sheet, there is a section where you will record secondary insurance coverage if you have a spouse or parent that may still have coverage for you. Again, this will be extremely helpful to the billing staff of the facility. Some information sheets will also include a medical history of some sort. Some are very extensive and want to know absolutely everything. I received two separate information â€Å"packets† from two different practices. Neither one of them is very extensive in what information they want for your medical history, listing only a few different things. No where on either sheet could I find a place to write any kind of allergies that you may have. In my own opinion, I believe this to be an extremely important thing to have. I do know from experience that the Delton Medical Center has this information in their computer, but if by chance something happens to their computer system and the information gets â€Å"lost†, this information would be a good thing to have in the chart also. Some facilities that I have been to, such as a dentist office, go into an extensive medical history sometimes including your immediate family such as: your parents, grandparents, and siblings. By going into such depth, they can use this as a reference or â€Å"warning sign† for illnesses or conditions that may arise for you as the patient. Some medical practices will also include the financial policies and a form stating what the responsibilities of the physicians and staff are and what you can expect from them. Also what they expect from you as a patient of their practice. Many will include when payment is expected and the cancellation policy. In almost all cases there will also be â€Å"consent to release† medical information so that your information can be released to insurance companies and possibly employers. If you should decide to change offices or physicians, this form will also be used. Lastly, in this packet you may receive, there is a HIPAA Privacy Authorization Form. This also is an important document for both the patient and the medical office. This form will give the physician authorization to disclose health information pertaining to you if need be. If you do not fill out this form then the physician or medical staff cannot release any information to anyone about your condition as your health condition is confidential. I think of it as a type of a permission slip for someone to obtain your information but only if you have stated this on the form. As I mentioned earlier, not all information sheets are the same. They do not all contain the exact information on them. Some of them are short and sweet and some of them take you a long time to fill out. Some will take your information using a computer so that you don’t have to fill out all the papers. Most hospitals have switched to using this computer method. Someone will come around with a laptop computer on a cart complete with a scanner and ask you the questions that they believe to be important such as: our name, phone number, address, and emergency contact. At this time, they will also scan your insurance card if you have one so that it can be attached to your file in the computer record. Whether it is long, short, computerized or hand written, all information on a patient information form has its importance for both you and the medical facility. They should be filled out correctly and honestly and also read thoroughly for both your benefit and the medical facility.

Free Essays on 1920s

The Great American Decade The Roaring 20’s The main them of this decade was the idea of the roaring 20’s to be fun and rebellious. The 1920’s was a time of celebration. The country was full of good times with things like the stock market, Jazz, flappers, and bootlegging. New untraditional styles of clothing and dancing were invented in the 1920’s. There seemed to be more economic freedom and encouraged Americans to invest in the stock market, buy on margin, and use credit. The 1920’s were all fun and games until the stock market crashed in October 1929. Women Throughout most of history women generally have had fewer legal rights and career opportunities than men. During the 1920's, most women were still expected to stay at home and look after the children. Cooking, cleaning, and taking care of the house and kids was all women were expected to do. Being a housewife and mother were regarded as women's most important duties. Women wanted to be able to have the freedom that men had. They wanted to be able to vote and work if they wanted to. Women fought for and to a large degree accomplished a reevaluation of traditional views of their role in society. The battle of women’s suffrages was coming to an end. On August 18, 1920, women won the right to vote. Women now had some kind of voice in the country and Government. Women voted according to race, social class, religious background, and geographic location. (Baughman 279) During the 20’s women also increased their job opportunities. In 1920 women composed 23.6 percent of the labor force, and 8.3 million women older than fifteen were working. They found opportunities only in nurturing â€Å"women professions† such as nursing, teaching, social work, and in medicine. Some women also worked at factories for several hours making forty cents an hour. (American Decade 280) Music In 1921 there was a new kind of beat in town. Jazz, Jazz, and Jazz was the ... Free Essays on 1920's Free Essays on 1920's The Great American Decade The Roaring 20’s The main them of this decade was the idea of the roaring 20’s to be fun and rebellious. The 1920’s was a time of celebration. The country was full of good times with things like the stock market, Jazz, flappers, and bootlegging. New untraditional styles of clothing and dancing were invented in the 1920’s. There seemed to be more economic freedom and encouraged Americans to invest in the stock market, buy on margin, and use credit. The 1920’s were all fun and games until the stock market crashed in October 1929. Women Throughout most of history women generally have had fewer legal rights and career opportunities than men. During the 1920's, most women were still expected to stay at home and look after the children. Cooking, cleaning, and taking care of the house and kids was all women were expected to do. Being a housewife and mother were regarded as women's most important duties. Women wanted to be able to have the freedom that men had. They wanted to be able to vote and work if they wanted to. Women fought for and to a large degree accomplished a reevaluation of traditional views of their role in society. The battle of women’s suffrages was coming to an end. On August 18, 1920, women won the right to vote. Women now had some kind of voice in the country and Government. Women voted according to race, social class, religious background, and geographic location. (Baughman 279) During the 20’s women also increased their job opportunities. In 1920 women composed 23.6 percent of the labor force, and 8.3 million women older than fifteen were working. They found opportunities only in nurturing â€Å"women professions† such as nursing, teaching, social work, and in medicine. Some women also worked at factories for several hours making forty cents an hour. (American Decade 280) Music In 1921 there was a new kind of beat in town. Jazz, Jazz, and Jazz was the ... Free Essays on 1920's The Great American Decade The Roaring 20’s The main them of this decade was the idea of the roaring 20’s to be fun and rebellious. The 1920’s was a time of celebration. The country was full of good times with things like the stock market, Jazz, flappers, and bootlegging. New untraditional styles of clothing and dancing were invented in the 1920’s. There seemed to be more economic freedom and encouraged Americans to invest in the stock market, buy on margin, and use credit. The 1920’s were all fun and games until the stock market crashed in October 1929. Women Throughout most of history women generally have had fewer legal rights and career opportunities than men. During the 1920's, most women were still expected to stay at home and look after the children. Cooking, cleaning, and taking care of the house and kids was all women were expected to do. Being a housewife and mother were regarded as women's most important duties. Women wanted to be able to have the freedom that men had. They wanted to be able to vote and work if they wanted to. Women fought for and to a large degree accomplished a reevaluation of traditional views of their role in society. The battle of women’s suffrages was coming to an end. On August 18, 1920, women won the right to vote. Women now had some kind of voice in the country and Government. Women voted according to race, social class, religious background, and geographic location. (Baughman 279) During the 20’s women also increased their job opportunities. In 1920 women composed 23.6 percent of the labor force, and 8.3 million women older than fifteen were working. They found opportunities only in nurturing â€Å"women professions† such as nursing, teaching, social work, and in medicine. Some women also worked at factories for several hours making forty cents an hour. (American Decade 280) Music In 1921 there was a new kind of beat in town. Jazz, Jazz, and Jazz was the ... Free Essays on 1920's The Great American Decade The Roaring 20’s The main them of this decade was the idea of the roaring 20’s to be fun and rebellious. The 1920’s was a time of celebration. The country was full of good times with things like the stock market, Jazz, flappers, and bootlegging. New untraditional styles of clothing and dancing were invented in the 1920’s. There seemed to be more economic freedom and encouraged Americans to invest in the stock market, buy on margin, and use credit. The 1920’s were all fun and games until the stock market crashed in October 1929. Women Throughout most of history women generally have had fewer legal rights and career opportunities than men. During the 1920's, most women were still expected to stay at home and look after the children. Cooking, cleaning, and taking care of the house and kids was all women were expected to do. Being a housewife and mother were regarded as women's most important duties. Women wanted to be able to have the freedom that men had. They wanted to be able to vote and work if they wanted to. Women fought for and to a large degree accomplished a reevaluation of traditional views of their role in society. The battle of women’s suffrages was coming to an end. On August 18, 1920, women won the right to vote. Women now had some kind of voice in the country and Government. Women voted according to race, social class, religious background, and geographic location. (Baughman 279) During the 20’s women also increased their job opportunities. In 1920 women composed 23.6 percent of the labor force, and 8.3 million women older than fifteen were working. They found opportunities only in nurturing â€Å"women professions† such as nursing, teaching, social work, and in medicine. Some women also worked at factories for several hours making forty cents an hour. (American Decade 280) Music In 1921 there was a new kind of beat in town. Jazz, Jazz, and Jazz was the ... Free Essays on 1920's The twenties in the United States had a personality and character all its own and it was a â€Å"fun, frivolous and carefree† period in many respects. It was definitely a time not to be missed. But what made it so unique and important in the history of the twentieth century? World War I, â€Å"the war to end all wars† had just ended. American soldiers had fought, 112,432 had died and the victors returned home glad to be free and separate from the horrors they had seen. Woodrow Wilson’s â€Å"peace without victory† plan that became known as the Fourteen Points, a desire to place the U.S. in the forefront of the peace settlement in Europe, was never ratified and America never joined the League of Nations. Disillusioned with the terms of the peace settlement, Americans were also dissatisfied with a mild recession in 1921. Americans looked inward and the old order, the old morality, and the old rules no longer applied in the new era. Warren Harding was elected by a landslide with his slogan of â€Å"return to normalcy.† Changes and innovations occurred in the economy, technology and culture that gave more Americans more leisure time to do what they wanted to do. The pro-business atmosphere and the pursuit of profits led to a period of economic prosperity between 1922 and 1928. The business boom had a rise of manufacturing output of over 60 percent during the period from 1919 and 1929. Times were â€Å"roaring†, unemployment was less than 4% and real wages and standard of living increased significantly, mostly for those in urban areas. As more Americans were working and earning better wages, their standard of living also improved. It is impossible to deny the incredible feats that the U.S. economy was performing in the 1920s and how they improved the quality of life for most Americans. The economic boom was a result of many things. The most obvious cause was the debilitation of Europe after World War I, which left America t...

Operetion management Assignment Example | Topics and Well Written Essays - 2500 words

Operetion management - Assignment Example This is especially true in the case highly fashion conscious and seasonal business of selling fashion wear merchandise. In this context the 'Quick Response' supply chain project of Jossey Menswear - a fashion retailer with more than 200 retail outlets is analysed to evaluate and critically comment on the scope of success of their project I improving the supply chain management. "More than ever before speed has become a source of competitive advantage. Competing on speed requires an organization characterized by fast moves, fast adaptations and tight linkages. .. Forming alliances is one of the most effective avenues for competing speed. The best example is the textile industry's quick response initiative, designed to improve the flow of information, standardize recording systems, and reduce turnaround time along the entire supply chain from fiber to textiles to apparel to retailing." - Roberta S. Russell, Bernard W. Taylor Operation Management: Edition IV (2003). pp 37. Seasonality - This is the main factor which necessitates the speed in the supply chain. Basically the fashion industry works on two seasons, Spring/Summer and Autumn/Winter, where supply decisions are conceived at least 18 months prior to the time the merchandise is supposed to be on the racks of the retail outlet. The various processes starting from the selection of design, selection of color trends and fabric trends for the next season are time consuming and in order that the garments reach the stores before the end of the season, there should exist an effective supply chain. Products are made according to a predetermined standard sizes and there is no time to revise the outfits once manufactured. This critical aspect in the supply chain movement sometimes delays the whole process of manufacturing resulting in the rejection of some garment lots being out of size specifications. Here again a team effort working in conformity to evolved standards will make the things move faster. Pricing-the determinant factor on the success or otherwise of a business venture is at the centre of all managerial decisions. This is particularly true in the case of the fashion retail business as any garments not reaching within the saleable window will naturally have to be sold at the end of the season at heavily discounted prices. Full price sales can be effected only when the merchandise reaches the stores and is available to the customer when they visit the store only once or twice in a year, which is a peculiarity attached to the fashion retail industry. The sale at full price is also determined by various other factors. 'Designers' collection' forms the foundation for the full price sales. Since designers work at a considerably advanced period before the actual sales takes place, they have to make intelligent guess work about the customer preferences in terms of deign, color and fabric which may sell well in a season. If the decisions on the collection designs are made right then the entire season may witness good full price sales. Getting the styles into the right retail

Florida National University Research Project - Strategic Management Paper

Florida National University Project - Strategic Management - Research Paper Example It has other of its campuses located in different regions, mostly the second floors of shopping centers, to take into consideration the ease of accessibility of the facilities by the physically challenged (Alonso, 2013). The Florida National University has a mission of contributing to the education of a diverse population, which is made up of a large percentage of Hispanic culture. In doing this, the University seeks to ensure that students are well prepared for gainful employment, through assisting them advance in the careers of their interest, while at the same time ensuring that the requisite skills and knowledge is imparted on the students, to enhance their competitiveness in the world of employment. To achieve this, the University has worked to control the size of the classes, while also providing the necessary facilities that will not only facilitate the attainment of quality education by the students, but also foster advancement in modern technology (Alonso, 2013). In line wit h serving the interest of the society, the Florida National University also offers cultural programs that develop the societal-cultural values of the community. SWOT analysis for Florida National University Strengths Despite having started two decades ago, Florida National University was declared a fully fledged University only early last year. This notwithstanding, there are several strengths that are associated with Florida National University. First, the University has equipped itself with the state of the art facilities, which enables students to undertake their learning in a favorable environment (Alonso, 2013). This does not only serve to support the students in their career development, but also serves to enhance their competitiveness in the world of employment, since they are taught under a modernized technology environment. The University has several vital educational facilities, which include a language lab, a media center, dental lab, an X-ray lab, a computer lab and a me dical lab (Alonso, 2013). These facilities are aimed at facilitating the smooth and effective learning of the students, while also ensuring that they are well equipped with sufficient knowledge and skills that make them competent professionals in the fields of their careers. Another of the strengths of Florida National University is the fact that it specializes in small class teaching (Alonso, 2013). This is vital since it ensures that the students are well attended to by their lecturers, since the lecturer is not overburdened and overwhelmed by the class population. This is a major milestone towards ensuring that the University produces competent graduates, since they have had sufficient assistance from the lecturers during their tenure at the university, and thus are well imparted with the requisite career knowledge and skills. Additionally, the Florida National University has a strength in the fact that it seeks to enrich the society which it serves, through developing cultural p rograms that are aimed at fostering the cultural values of that society (Alonso, 2013). This becomes one of the strengths of the University, since such an initiative reinforces the relationship existing between the institution and the surrounding

Ba and Achebe A Comparative Analysis Essay Example | Topics and Well Written Essays - 2500 words

Ba and Achebe A Comparative Analysis - Essay Example On the surface these two novels have precious little in common, but a deeper reading reveals that Ba and Achebe using broad strokes of their pen have traversed much of the same terrain with regard to themes like tradition, gender roles, oppression, religion and the like. Preceding a comparative analysis of the two, information about the authors, summary of the plots and an understanding of the recurring themes is called for. Mariama Ba was a Senegalese writer who wrote largely about the social injustices meted out to women. She belonged to a traditional Muslim family. Thanks to her father she received a good education at a prestigious French school despite prevailing tradition which did not encourage the education of women. Her talent as a writer manifested itself at an early age when she wrote bold and thought-provoking articles for journals and newspapers. So Long a Letter was her first novel and it won the Noma Prize. Following its success she wrote the Scarlet Song, her final contribution to literature. So Long a Letter is a novel told in epistolary style that is it... She recounts the twists and turns both their lives have taken. Finally she furnishes details about her new life even as an uncertain future beckons to her. Her unique style allows readers intimate glimpses into the life of the protagonist which transports them into the core of her existence. According to Pritchett, in this novel "Thoughts on constitutional politics, economic development, and international relations combine easily with thoughts on life, love, marriage, childrearing, duty to others and self" (50). About Achebe and Things Fall Apart Chinua Achebe is a world- renowned Nigerian writer. He attended the Government College in Umuahia and University College in Ibadan. In the course of his readings he was appalled to note the way Africans were portrayed and set about trying to remove the stereotypical impressions created by such works. He had an impressive career as a writer and received prestigious awards. His works include Things Fall Apart, Arrow of God and Anthills of the Savannah. Things Fall Apart tells the tale of the rise and fall of an Igbo man named Okonkwo. Starting of with few advantages Okonkwo drags himself to the uppermost realms of success and just when he begins to enjoy the trappings of success, circumstances lead to his taking an innocent life and this event marks the beginning of his decline. The tragic flaws in his character lead to his downfall and ultimate destruction. Thematic Concerns of Ba and Achebe The works of Ba and Achebe need to be viewed within the context of colonialism, which nearly annihilated the traditions, beliefs, value systems and culture of native Africa. The aftermath of colonialism, the

Factors for Consideration when Starting a Business

Factors for Consideration when Starting a Business Below are some reasons why a person would like to set up his /her own business. Control If a person has its own business; it gives them more control over how much money they make and how much they will work to gain more. When a person starts his business it is solely dependent on the person how to start and maintain it in future. In short the control comes in the persons hand and there is no one elses control over him. Choice When a person starts his/her own business, it gives him/her freedom to whatever they want to do. For instance, it gives you a choice whether you want to do business and job together or deal in various products of your own choice. Moreover, being a freelancer or an independent contractor gives a person freedom regarding which jobs they choose to take. Business Decisions If a person has his own business the success or failure of the business solely depends on your business decisions. For example, having your own business means you make the choices instead of having them made for you by an employer and the choices made decides if u fail or succeed, which in turn tells whether your decision was worth for a business. It gives you motivation to improve yourself in future and makes you a better businessman. Satisfaction Some people start their own business for themselves because they have a skill or a product to offer. They enjoy being obsessive about what they do. Moreover, starting your own business gives a person satisfaction as whatever they do they do for themselves and they can work hard to earn as much money as they want and there is no fixed salary. Job loss When a person loses his job, he may take his work experience and professional contacts and start his own business to make him less vulnerable to risks. Get creative Starting up a new business, provides and entrepreneur to bring his creativity out. If a person has considered going it alone, he will have thought out how you would do things your way. Being an entrepreneur gives him the freedom to express himself and develop his concept in any way he chooses. Of course, there are always financial constraints, but the ability to be as creative as you like is far more appealing than a one-dimensional job. Very profitable If you think that its just large corporations that make big profits, you would be wrong. There are countless stories of entrepreneurs hitting on a great idea, exploiting it well and being well on their way to their first million by the end of the year. Although the start-up process can be tough, with long hours and little money not uncommon, if you run your business well, the rewards can be huge. And, from a purely selfish point of view, you will get most of the profits yourself. Unfortunately, many of the businesses are more likely to fail in its initial years because of the difficulties that commonly plague struggling companies suffer from. These difficulties occur in every business in its early years as the business is new to everyone even to the management itself. Some of these reasons are elucidated below. Insufficient Capital A common fatal mistake for many failed businesses is having insufficient operating funds. Business owners underestimate how much money is needed and they are forced to close before they even have had a fair chance to succeed. They also may have an unrealistic expectation of incoming revenues from sales. It is imperative to ascertain how much money your business will require; not only the costs of starting, but the costs of staying in business. It is important to take into consideration that many businesses take a year or two to get going. This means you will need enough funds to cover all costs until sales can eventually pay for these costs. Lack of planning Successful businesses just don not happen instead they need planning to make it happen. They are the outcome of deliberate and well-executed business plans. Many businessmen are so eager to get started that they neglect business planning and start a business with a dream and an idea. That might motivate you to get it started but not necessarily to succeed. If a person wants to setup his business it is necessary to have a business plan first and then start. Overspending Many startups spend their seed money before cash has begun to flow in at a positive rate. This often happens because of misconception about how business operates. If youre just starting out in business, seek out seasoned veterans you can bounce your ideas off of prior to making big financial commitments. Inadequate funding Another common reason for small business failure is a absence of adequate funding, especially during the critical start-up period. Inadequate funding severely limits the capacity and looms the ability to grow beyond the initial stage of life. One should resist himself from the urge to start until he have attained all of the funding which they know they need to do it right. Bad marketing Quite often a person creates a business that sells the best product at the best price but still fails because no one knows it exists. Marketing about the product is critical if the business is going to have any chance of becoming the flourishing venture. Unreliable suppliers The ability to maintain proper levels of inventory is directly relative to the quality of a persons relationships with reliable suppliers. Developing effective supply channels can take some time but it is quite necessary in a business as whatever you sell should be good enough to attract customers to buy it. Staffing imbalances Labour is the biggest expense for most businesses. Therefore, it only makes sense that its worth your time to make sure that your company employs the right amount of people. For example, employing too many employees will have a bad effect on the business capital and employing very few employees will result in performance will. Making the perfect balance is not easy, but the rewards are well worth the effort. Ineffective sales performance Sales are a key element in the success of any businesses. Poor sales, on the other hand, are an indication that your business might be in jeopardy. A person should maintain a close eye on sales patterns and trends, and hire the best sales staff, which they can afford to keep the money regularly coming in. 1.3 The important factors which are necessary to start up a business are:- Knowledge/Expertise Any business needs some amount of basic knowledge and experience. It is very essential that the owner is aware about the business he plans to start. Knowledge and expertise about the product or service are keys to a successful business. Moreover, if a person has limited knowledge the owner may not be able to sustain the business and can be fooled by the vendors, suppliers and competitors. Expert knowledge is especially required if the field of business is a niche field. For instance, the construction or software industry would require more knowledge as against a retail business selling a particular brand of clothes or shoes. Location Deciding an ideal location for the business is a strategic and an important one. A good location goes a long way in making the business successful. The location needs to be carefully chosen. Some places have advantages over the others. A location should be explored on the basis where the raw materials can be easily sourced, the manpower would be easily available and it is easy to save on transportation costs. Moreover, choosing a location depends upon the nature of the business. For instance, a retail business should to be located in a well-populated area and one which is easily accessible. Competition Before entering new business, information about market competition needs to be found out. In case a product is a monopoly then the competition will not matter. Otherwise the success of the business will depend upon the demand and supply gap. Thus if there is a huge demand then you can enter the business in spite of the market competition. Otherwise you will need to be stronger than the competitors to gain an entry. Normally existing firms will always have an advantage due to the experience they have and because they may be well equipped. The question which needs to be answered is What is unique about the product / service which will be offered to survive the market competition? Information such as who are the competitors, what is their market strategy and what factors are required to compete with them are important. Financing/Capital After identifying the initial costs required for starting the business, it is necessary to look for the sources of funding like bank loan or sponsors. It is very essential to have adequate funds to start a business as lack of funds will have a bad impact on the business which may lead to the failure of it. Laws, Rules, Regulation Setting up a new business would require compliance with various laws regulations. Each country is governed by separate laws and regulations which require that any new business be registered with certain authorities and meets certain compliance. Thus registration of the name of the company may be required with Ministry of Commerce for instance. Further details need to be provided regarding the workforce and certain deductions may be required from the staff (such as tax) which would need to be deposited with the respected Government bodies. Awareness is required of such rules and regulations. It is always better to consult a lawyer before setting up a new business in an unknown environment. There are certain accounting / consultancy firms which would have a division giving advice on legal and statutory compliance. In case of lack of expertise it is better to approach a lawyer / accounting / consultancy firms. 1. 4 The heart of the issue with Human Resources is the skills-base of the business. What skills does the business already possess? Are they sufficient to meet the needs of the chosen strategy? Could the skills-base be flexed / stretched to meet the new requirements? An audit of human resources would include assessment of the following factors: Existing staffing resources Numbers of staff by function, location, grade, experience, qualification, remuneration Existing rate of staff loss (natural wastage) Overall standard of training and specific training standards in key roles Assessment of key intangibles e.g. morale, business culture Changes required to resources What changes to the organisation of the business are included in the strategy (e.g. change of location, new locations, new products)? What incremental human resources are required? How should they be sourced? (alternatives include employment, outsourcing, joint ventures etc.) 1.5 1.6 A business finance source is a way a business can obtain funding, either for start-up or operating expenses. There are many different types of sources like sales, loans, and investors. Each has different terms, benefits and disadvantages. Business owners tend to use two or more different sources in order to fund their business. Business finance sources fall into two main categories:- Internal funding Internal funding comes from the profits made by the business by sale of products or assets. These are the funds which the company has on its own like the income of the company, the money they have of their own etc. External funding External funding comes from lenders and investors. The most common external finance sources are loans. Short and long-term loans require borrowers to repay funds at an interest rate for a set period of time. Overdraft loans allow a borrower to spend a certain amount of money, and the lender charges interest on the overdraft amount. Before deciding which method is best for a company, business owners should consider a variety of factors. The cost of the business finance source usually is the most important factor considered. Owners look at the interest rates and payment plans to determine the profitability of obtaining a certain funding source. Businesses that have a history financial stability may want to consider an internal source of revenue before opting for an external source. Its also important to determine how long the business will need additional funding. A short-term loan would be best for projects that would only take a short time to complete. Business finance start-up generally refers to the cost to start a new business. It includes determining, calculating, and obtaining start-up costs, as well as managing those finances effectively to ensure the profitability of a new business. The first steps to business finance start-up are to determine and estimate the amount of funds needed to open a business. These start-up expenses may include one-time fees, such as permits and licenses needed to operate the business. Initial costs may also include on-going fees, such as rent and utility payments. Business owners usually only include the necessary expenses when determining the total cost to start-up. In order to estimate the amount of funds needed for the business, owners should set up worksheets that list each expense and how much it costs. 1.7 The advantages of setting up a business under private limited company as opposed to sole trader ship are:- Liability The principal benefit of trading via a limited company has always been the limited liability given to the companys officers and shareholders. As a sole trader or other non-limited business, personal assets can be at risk in the event of a failure of the business, but this is not the case for a limited company. As long as the business is operated legally and within the terms of the Companies Act, directors or shareholders personal assets are not at risk in the event of a winding up or receivership. And as often happens on occasion, such events are not always under our own control. There is no obligation for a limited company to commence trading within any set time period after its incorporation. The principal benefit of trading as a limited company has always been the limited liability of the companys officers and shareholders. As a sole trader or other non-limited business, personal assets can be at risk in the event of a failure of the business, but this is not the case for a limited company. Gives confidence- Operating as a limited company often gives suppliers and customers a sense of confidence in a business. Larger organisations in particular will prefer not to deal with non-limited businesses. Also, many of the costs associated with managing and operating a limited company are not much more than with a non-limited business. Tax advantages- If you trade as a sole trader, partner or partnership, your income will be taxed as proprietors income, regardless of how much profit is retained as working capital. Interest on loans to the business is also taxed as income. Furthermore, partners are personally and jointly liable for partnership tax and if a partner dies, the surviving partners are responsible for partnership tax. Creditors can claim all your property to satisfy debts, and if this is insufficient, you may be declared bankrupt. An undercharged bankrupt is forbidden to start another business or to become a director of a limited company. Separate Entity Due to its very nature, a limited company is deemed to be a separate legal entity from its owners. This has several advantages, including the fact that the company will exist beyond the life of its members. If they retire or die, the company will continue to exist and operate. This ensures security for employees and other members and also is an advantage which other legal forms of business are not subject to. Ownership and Control In the case of Private Limited Companies, the Directors are also usually the main shareholders of the Company. Thus both the ownership and control of the business remain in their hands. Decisions can be made quickly and easily, with little fuss, allowing for a more successful business management platform. Company Name Part of registering a Limited Company, includes the registration of a Company name. This name will help identify the business in the marketplace, separating it from other Companies and protecting it. 1.8 A sole trader is a business form that allows one person to be solely responsible for the financial transactions of the business. The benefits and disadvantages of this responsibility are numerous and should be weighed carefully. Another term for a sole trader is a sole proprietor. Precisely, it refers to the person responsible for the daily organization of the firm and for its profits and losses. Being a sole proprietor as it in legally known in the U.S.is a benefit to many people who are looking to start their own business. It is one of the most common types of businesses that can be formed and involves only one person as the responsible entity of the businessholding that person completely accountable for any debt or liability that the business might incur. Although sole traders have many advantages, they also have many significant disadvantages. Liability The main disadvantage to being a sole trader is the liability that the business owner yields. Being held responsible for any lawsuits or potential damages is not only dangerous to the sole traders business, but it can be detrimental to her personal life as well. Unlike modern business corporationssuch as LLCswhich allow the business to be a separate entity, preventing anyone from holding your personal assets responsible for your business, sole traders are personally responsible for their business. Responsibility One of the main disadvantages to many people for running a sole proprietorship is the complete responsibility that the sole trader has. Completely variant from business to business, since each business has its own type of operations, sharing responsibility takes a huge burden off of most business owners. That is one reason for the popularity of Limited Liability Corporations, Limited Liability Partnerships, and partnerships. These businesses each allow some owners to share or take less responsibility, leaving them to grow and improve their businesses more thoroughly than if they did not have complete responsibility. Lack of Investors When it comes to being a sole trader, the business owner can have a difficult time for growing. Not only because of the lack of time that she has because of her tremendous responsibility, but due to investors lack of interest in a sole proprietorship. Companies are more apt to invest in corporations that have the potential to expand. They also prefer the other benefits of corporations, such as their legal structure and lack of personal accountability. Lack of investors can mean lack of growth for many companieswhich can leave many sole traders running a stagnant business.

Roy Wilkins and the NAACP: A Life Dedicated to the Civil Rights Movemen

The life of Roy Wilkins is a story of one of the greatest civil rights leaders the United States has ever known. He was an underdog that came from poor beginnings to become a leader of the NAACP, for twenty-two years. A true example of what someone can do if they put their minds to it, no matter what color they are. To begin the journey through Roy Wilkins life, we will start with a little biographical information. Roy was born in St. Louis, Mo. On August 30, 1901, as the grandson of a slave. His mother died when he was three years old, so he and his sister were sent to live with their Aunt and Uncle in St. Paul, Mn. There they raised him in a low-income, integrated community. Although he was poor, he did attend integrated public schools in the city. After graduating high school, Roy worked his way through the University of Minnesota, where he majored in sociology and minored in journalism. He had various jobs to put himself through college. He worked as a redcap (a baggage porter), waiter, stockyard laborer, and a night editor. While in college he worked as the night editor (to help pay his way through) of the Minnesota Daily, the school paper and a black weekly, the St. Paul Appeal. After working all these odd jobs he managed to put himself through college. After graduation, he took a position as a journalist for the Kansas City Call, a black weekly paper. He stayed there for seven years, acting as managing editor from 1923 until 1931. Although the job at the Call was good, he left it in 1931 to join the NAACP as Assistant Executive Secretary, under Walter White, who was Executive Secretary at the time. In his new job, his first assignment was to investigate discrimination on a federally funded flood project in Mississippi, in 1932. Due to his findings of discrimination at that project, he was successful in getting Congress to take action to stop its practices there. After a couple of years as Whites assistant, in 1934 Wilkins seceded W. E. B. DuBois as editor of the NAACPï€ ½s magazine, the Crisis. In that same year, he suffered the first arrest of his civil rights career. During a protest at the Attorney Generalï€ ½s office in Washington, D.C., they were there protesting to get the National Conference of Crime to add ï   Lynching ï â‚¬ to their agenda of topics. He served as a consultant to the ... ...eir career after his. In a turbulent world, his non-violent means of gaining rights for blacks was a calming one. Works Cited: African-American History. ï  Roy Wilkins (1901-1981).ï â‚¬ [http://www.triadntr.net/~rdavis/wilkins.htm](Mar. 27, 2000). Altman, Susan. The Encyclopedia of African-American Heritage. New York: Facts on File, Inc.,, 1997. Collierï€ ½s Encyclopedia. New York: P. F. Collier, 1996. Encyclopedia Americana, International Version. Danbury, Conn.: Grolier Inc., 1999. Encyclopedia of Black America. ed., W. Agustus Low, ass. ed., Virgil A. Clift. New York: McGraw-Hill Book Company, 1981. Hornsby, Alton, Jr. Chronology of African American History, 2nd edition. From 1492 to the Present. Detroit: Gale Research, Inc., 1997. Ploski, Henry A. and Williams, James. editors, The Negro Almanac, A Reference work on the African American, 5th edition. Detroit: Gale Research, Inc., 1989. The African American Almanac, 7th edition. ed., L. Mpho Mabanda. Detroit: Gale Research, Inc., 1997. The McGraw-Hill Encyclopedia of World Biography. New York: McGraw-Hill Inc., 1973. The World Book Encyclopedia. Chicago: World Book, Inc., 2000.