Common Mistakes Business Owners Make When Opting For Capital Growth Funds 2017

A lot of business owners are looking for ways to improve their businesses. Sadly, some business owners make mistakes when opting for services such as capital growth funds. Luckily, there are still options to avoid this. And, the ideal choice is to know these mistakes. To help you, below are some of the mistakes you need to be aware of

Not considering their needs

One of the main mistakes some business owners make when opting for capital growth funds is not considering their needs. As of now, capital growth funds can offer individuals with numerous benefits. These include improving profits as well as boosting business reputation. Sadly, some business owners do not consider their needs which can affect such services. Because of this, they may end up opting for the wrong services which can affect their goals.

Neglecting investment options

The mistake that some company owners make when opting for growth funds is neglecting investment options. When opting for capital growth funds, business owners need to invest their finances in different types of investment options. However, some individuals neglect these options. As a result, there are cases when they experience huge risks that can easily affect their finances. So, before opting for growth solutions, you need to make sure that you look for the right investment.

Forgetting to be patient

When planning to opt for capital solutions funds, it is also imperative for company owners not to forget to be patient. Surely, most business owners look for investments that can offer them with profits immediately. But, these types of options are quite risky. Plus, there are also instances when these types of investments do not give you the right benefits. Therefore, you need to be patient since most growth funds options yield better results in the long run.

Not opting for the right partners

Finally, some company owners experience mistakes with regard to choosing capital growth solutions due to the wrong partners. Due to the increasing demand of growth funds solutions, there are now numerous service providers business owners can choose from. Unfortunately, not all service providers offer the same quality of services. Other than that, some service providers offer inexperienced professionals. Because of this, plans and decisions cannot be made properly. To avoid this, it is best to look for reliable services providers who can match your needs easily.

Six Principles and Standards of Conduct Chosen by the American Journal of Occupational Therapy

There are six core principles and standards of conduct established by the American Journal of Occupational Therapy. These points are enforceable for professionals working in the field. These principles are useful in evaluating times when a licensed professional has been accused of inappropriate actions and are intended to guide therapists toward ethical choices. When unusual circumstances and decisions arise, it is helpful to have a set of idealized principles as a guide.

Beneficence
Those who provide occupational therapy need to have concern for the well-being of their patients. “Beneficence” is a fancy word used mainly when discussing ethics, and it calls into question whether participants benefit from a particular study or procedure. Custom treatments can be designed for patients whenever possible, but it is also important for a therapist to periodically evaluate whether a particular course of treatment is benefiting the recipient.

Nonmaleficence
Maleficence is an evil or harmful act, the opposite of beneficence. Nonmaleficence, logically, is refraining from causing harm. One of the most well-known parts of the Hippocratic oath sworn by physicians, nonmaleficence is a reminder to be careful when harm is possible. Especially when helping people recover from past injuries, a poor choice of exercise activities can exacerbate the problem. While there are certainly more than a few sadistic individuals in the world, this principle is mostly targeted at professionals who may unintentionally cause harm.

Autonomy
Dealing with an individual’s right to independence, the principle of autonomy ensures that each patient has a right to privacy, self-determination, consent, and confidentiality. While extremely personal issues might not often be discussed during occupational therapy, it is still important to respect a patient’s privacy.

Justice
Objectivity and fairness are hallmarks of justice as it pertains to this professional field. People deserve to be treated equally, regardless of their race, beliefs, orientation, or financial means. Those without the necessary finances may be directed to charitable organizations and other alternatives for appropriate treatment.

Veracity
It’s critical that professionals maintain a level of respectability and candor that reflects positively on others in the field. Misinformation and deception can be harmful to patients and the standing of other therapists. Veracity is particularly valuable when discussing certifications, qualifications, and experience. Plagiarism and failing to give proper credit is also a violation of this ethical standard.

Fidelity
Rooted in the Latin word “fidelis,” fidelity refers to loyalty and honoring one’s commitments. Personnel who work in an occupational therapy office must have loyalty to peers, coworkers, patients, and the larger community of fellow therapists. One must be ready to identify and report conflicts of interest and mistakes. Like in any workplace, colleagues must be treated with respect and dignity.

Published principles and standards of conduct provide a safeguard for those who provide these kinds of therapeutic services. These rules make it clear when someone has gone out of bounds, and they serve as a reminder during times of difficult decisions.

Is Being Able To Spot A Trend An Important Skill To Succeed In Business?

The only thing permanent in the world is ‘Change’. The person who is capable of adapting to the change is successful. This is true in life and in business. Every day is a new day in business. One should look forward to tomorrow and live in the present. If you want to succeed in business, you have to look into the future and spot trends before others do it. So being able to spot a trend in business is incredibly important.

Spotting Trends

Spotting trends require a lot of practice. This article dwells on certain tips to follow that can enable you to spot the trends before others beat you to it.

Have a sense of anticipation:

There is a difference between novelty and trends. Every trend begins with a novelty, but not every novelty ends into a trend. One of the finest examples of a novelty becoming a trend is the success of Uber. What started as a mere car-pooling service, ended up as one of the fastest growing ‘call taxi service’ in the world. This is because the founders of Uber, Travis Kalanick, and Garrett Camp had the vision to grow a business opportunity from an activity as simple as hailing a cab.

Sense the change:

You can experience novelty on a daily basis. It does not take much time for a novelty to develop into a trend. Keeping your eyes and ears wide-open can help under such circumstances. Every novelty displays certain specific characteristics. The trick is in identifying them and cashing in at the appropriate moment.

Know the difference between a fad and a trend:

Most of the novel ideas end up as fads. They are momentary and hence do not have much value in business. However, certain characteristics last long enough for a fad to become a trend. A successful businessperson is one who has the ability to take note of this fact at the earliest opportunity.

Move fast:

Sensing an opportunity is one thing and cashing in on it is something else. You might not be the only entrepreneur to spot a trend. Many more people might have this ability. It boils down to the fact as to who takes the first step. The first entrant into the field stands to gain the most. By remaining ahead of the others, you capture a chunk of the market before the others move in.

If you do not know how to spot a trend, there are organizations of experts who offer free advice to those who are serious in trying to learn how to do so.

Should You Learn To Deal With Failure In Order To Succeed In Business?

People who are familiar with tennis and watch the Wimbledon are sure to have heard these words very often. “If you can meet with Triumph and Disaster, and treat those two imposters just the same” What does this signify? These words point out that success and failure are both a part of life. One should learn to treat them equally.

However, a majority of the people do not know how to handle failure in life. This article dwells on certain tips to face failure in business.

Dealing with Failure

Failure in business is very common. In fact, you fail more than you succeed. However, is failure the end of life? Of course, it is not. One should learn to live for another day and fight failure. This is the best way to succeed.

Prepare yourself for failure:

No one in the world likes to fail. However, if wishes were horses, beggars would ride. Hence, preparing for failure should be one of your priorities when you start your business. This keeps you ready to face any adverse situations and provides you with means to overcome it at the same time.

Never personalize failure:

Failure is something very normal in life. If you start taking it personally, you end up becoming a nervous wreck. The most successful business empires today are those that had failed miserably at the initial stages. The best course of action is to take it on the chin and move ahead in life.

Accept responsibility:

Every failure has a reason. Analyze the reasons and accept your responsibilities. This will make you a stronger person. Admit your mistakes and make a move in the right direction. Mistakes make us all the more human. The ability to learn from your mistakes and avoid repeating them should be your priority.

Never bottle up your emotions:

It is very natural for a person to restrict the flow of emotions. If the situation demands you to cry, you should go ahead and finish it off. This will relieve one of the greatest burdens off your shoulders. You become free to think with an open mind and move ahead in life.

Remember the lessons:

When you fail, you learn some very hard lessons. Remembering your lessons in failure for your entire life is essential. Never commit the same mistake again in your life. This principle is the sure route to success in business and life too.

When you commit mistakes, you learn about your strengths and weaknesses. Knowing them and acting within your limitations can make you succeed more often than not.

3 Ways Patient Reviews From Practice Management Software Could Be Harmful to Your Practice Growth

I recommend these software packages (such as Demand Force, Solution Reach and so on) a lot to my clients because they can automate everything and fills up those schedules. However, if you use software like that, beware of the little known issues that may come up with regards to patient reviews:

1) They are not visible to new patients.

The software bundles the reviews on a separate page which can link into your website or from their own platform. It looks great, however, a patient has to go hunting for them on your website. That assumes two things: a) they can find them easily once on your website before they get bored and leave (you have only a few seconds for them to find what they want). And b) They are already ON your website.

Only Google reviews stand prominent in the path of the new patient searching for a dentist. If you don’t have enough Google reviews then you aren’t giving the prospective new patient enough incentive to actually click onto your site. With all the clutter in this New Economy, you have to fight for every patient “action”.

2) They are not as trusted because they aren’t public facing.

These software packages a lot of times want to placate the dentist. It looks great to have 3,000 5 star reviews on your Demand Force page, but new patients may not trust that at all. Especially when every dentist has a similar profile and it’s on your own website which you control.

People trust Google reviews because they trust Google, they are public facing and anyone can go on there and write a good or bad review. They have more “psychological weight”. So the 39 4.8 star review you have on Google might get more attention from people than your 14,450 5 star review on your website (if they are even able to find it).

3) Automated Google review collection:

Beware this issue – it could leave you with many, really bad negative Google reviews.

The same software packages can automate the sending of people to Google to write a review. Here’s the problem: for some, writing a bad review is a cathartic experience that has nothing to do with you. They might have had a bad day and want to leave one so they have “yelled at someone” without yelling at someone.

And while you might not have any now, I’ve seen them hold onto that link for over a year (it’s in their email) and one day you piss them off and they go write it. Bad news is spread at least 7x faster and more trusted than good news.

Then you have this problem where a bunch of negative reviews are left as “most recent” and that’s the first impression a new patient gets when going through your Google reviews. Also, it’s very hard to get rid of negative reviews even if they are libelous.

Here’s where those special pages for reviews would be useful – better they leave you a bad review there than on your public facing new patient profile review page (Google). In other words, don’t let them put a Google review, send them directly to that special page.

(Side note: this is in the case where they are only sent a link to leave a Google review after a positive survey /feedback form, which should have negated that problem but doesn’t).