Pursuing a Career in the Healthcare Industry | healthcare

If you are wondering why so many people are joining the healthcare industry, the reasons are aplenty. Pursuing a career in healthcare can turn out to be one of the most professionally sound and profitable moves of your life. Here’s why:Ample job opportunities: Even at the peak of recession, healthcare was among the few bright spots that continued to shine through the darkness. Recession has receded since then, but healthcare is still one of the fastest growing industries in the country promising numerous job opportunities. And it’s not something that’s likely to change very soon as an increasingly aging population; technological advances in the field of medicine; and growing focus on preventive care continue to spur the demand for healthcare professionals of all kinds.Variety of jobs: It’s not just the number of jobs, but also the variety of jobs it offers that makes healthcare such an attractive career proposition for so many individuals. Your options are not just limited to hospital-based professions involving direct patient care such as nursing, physical therapy or respiratory. There are professions like medical transcription or medical coding that are usually performed at a back office and may not even require you to step your foot inside a hospital.Jobs to fit all educational levels: Another reason why pursuing a career in healthcare industry makes sense is that you can pick a job that ties in with your academic plans. It’s not necessary to spend 5-10 years on postsecondary education for a career in healthcare. You can just as easily find options that require less than a year of training. For example, pharmacy tech training from a career school can be completed in a few months’ time.Job security: No more spending sleepless nights wondering if you’ll still have your job the next morning – that’s the advantage of joining an industry that’s adding workers at a time when others are cutting jobs and handing out pay cuts to employees. A stable and secure career, at the end of the day, translates in to peace of mind.Attractive compensation: Just because healthcare careers offer stability doesn’t mean the money to be had is any less. Most healthcare occupations offer decent paychecks. Many employers, in fact, offer very attractive salary and benefits packages to their employees to fill the gaps in demand and supply of trained and qualified healthcare professionals. Rest assured you can make a healthy living out of a career in healthcare!Flexibility: Since a lot of healthcare occupations tend to be round the clock in nature, flexi timings are possible in these jobs. You can negotiate with your employers how many days a week, how many hours in a day and the shifts you want to work. Some allied health careers like medical transcription and medical coding, in fact, can also be practiced from home. This arrangement works extremely well for moms who want to stay home with their children; retirees looking to generate an income; and individuals who cannot commute to work due to physical disabilities or have conditions like extreme sociophobia that make working in an office environment difficult for them.Job satisfaction: Whether you’re a nurse taking care of the sick and injured; a pharmacy tech filling prescriptions; a medical assistant greeting patients in to a healthcare facility with a smile or a medical transcriptionists diligently transcribing doctor dictations – it’s important to know that the work you do impacts real people with real problems. From this knowledge comes gratification and contentment that you are doing your bit to make this world a better, safer, and healthier place to live!

Learning The Real Estate Language – Talk With Confidence | Real estate

Every profession has its distinct language, from doctors to lawyers to rocket scientists, the use of which in thought and in speech separates the insiders from everyone else– and professional real estate investors are no exception. When taken in small bites it is easy to learn the real estate language.Anyone can buy or sell their own home without knowing what a writ of restitution is or how to calculate the Gross Rent Multiplier, but if you want to step into the real estate investing arena as a serious investor one of the first things you need to do is grasp a firm understanding of the insider language.When you can comfortably use the lingo familiar to others in the business, they will listen that much more closely to your ideas and proposals because they know they are dealing with a seasoned insider. Plus, those that don’t know will respect you that much more that you do.And bottom line, you’ll put yourself in more positions to get paid.If my company were to provide a textbook copy of the real estate investing glossary terms and definitions in the free modules on our website it would amount to well over 250 pages and growing. For some people, that’d be an overwhelming undertaking, to sit and read end-to-end, regardless of the fantastic benefits. But that wouldn’t be the best way to learn in our opinion, as retention in “cramming” is little.That’s why we’ve broken the undertaking of learning to speak, and most importantly to think, like a real estate insider down to a manageable task you can complete over time– or get the information you need immediately at your fingertips in one convenient place.I advise that new investors take 15 minutes 1-2 times a week to learn a couple dozen terms and definitions and you’ll be taking a pivotal step to mastery of the real estate investing game– a step that those who are destined to remain on the sidelines watching never have the discipline to take.Our top students “bookmark” the module links on their computer’s internet browser and return to it at least once a week each week at a specific recurring time (i.e. a planned consistent ‘time block’), to study for 15 minutes or so as time allows, using a calendar on their phone or computer to remind them until it becomes a habit.I can’t stress how important it is to have the right lingo down. One can tell the difference from a newbie and someone who is more seasoned. My observation has been that there is a different respect and willingness of a contact to tune in when they perceive that you know what you are talking about.Part of branding, especially when you are the ‘brand’, is how you present yourself. Within 40 seconds, how you look and the energy, pitch, tone, and rate of speech at which you speak, impacts the perception one forms about you to the greatest degree. However, what you say is still very relevant to success. First impressions are exceptionally hard to shift.Dr. Robert Cialdini calls it the “halo effect”. This is why I enjoy that many of our investors now first have their impression of me or our company from content marketing which is designed to portray our company and me for instance in the best light– that of a credible authority and trusted advisor. Much better than if I had met someone initially sitting at home in my boxer shorts, and said “hey bud, got a hundred grand? Let’s invest it!”I believe so much in this activity as a great catalyst for new investors, that our office has been given strict instructions to pass along for free the 4 module interactive online glossary we created for in-house training purposes to anyone who visits one of our websites and contacts us asking for the investor glossary.Should you want it, just ask for it. Create a weekly reminder in your calendar to spend 15 minutes studying this glossary. Take something as daunting as learning all the terms in a very large glossary and turn it into a very doable activity in bite sizes over time.I say all that to say this. Your mind is an amazing tool. It will serve you as you stretch it.Learn the lingo of real estate.It will pay off when you can “talk the talk” with confidence and multiply the effectiveness of your conversations in your real estate business with buyers, sellers, lenders, investors and tenants.

General Accepted Accounting Principles | accounting

The differences of financial accounting and managerial accounting are very prevalent. Some of these differences include precision, mandatory external reports and emphasizing financial consequences of past activities. These characteristics are describing financial accounting. Financial accounting is a way of measuring economic performance. This type of accounting summarizes data to prepare balance sheets and income statements for the firm. The specific difference discussed in this piece will be the difference of the Generally Accepted Accounting Principles (GAAP). Financial accounting must follow GAAP, while managerial accounting does not need to follow GAAP.The Generally Accepted Accounting Principles help steer firms in recording business transactions. The GAAP are not rules, but guidelines for a firm to follow for recording. The principles set a minimum level of regularity in statements. There are many positives in compliance with the GAAP. The principles maintain creditability because it informs outside companies that this company using the GAAP is being portrayed precisely. Stockholders and analysts can read a report knowing that it abides with the accounting principles.There are many principles to be discussed for the GAAP. The six principles to be discussed during this article are economic entity assumption, accrual basis accounting, revenue recognition principle, relevance, reliability and consistency principle, materiality principle, and cost principle. Economic entity includes any organization in the economy. Examples can include schools, hospitals, governments and churches. Every event must be recorded by a specific entity. Another part to this principle is that records can not include any personal assets or liabilities relating to the owners. The second principle is the accrual basis accounting principle. Accrual basis accounting captures financial aspect in each event in the period of occurrence. Revenues are recognized when the business receives the cash. Expenses are recognized when the business pays with cash. Furthermore, the revenue recognition principle is when revenues are earned upon the finishing of a product or service, but without view to the timing of cash flow. The last principle in the GAAP discussion is relevance, reliability, and consistency. Information must be useful. To be useful, this information in accounting must be relevant, reliable and in a consistent method.Relevant information will help a decision choice understood properly by examining the businesses past performance, and the future position. Detailed information is needed for internal users to estimate the company’s value. Reliable information must be confirmable. Otherwise, this information cannot be used or trusted in preparation of financial statements. Lastly, the information must be consistent. This means that the methods must be the same for each accounting period. Comparisons can be made between accounting periods if consistent. Consistency will help a company evaluate the methods of the accounting periods. The materiality principle states the requirements of any principle may be ignore, if and only if, there is no consequence on the users of the financial information. An example of this principle would be tracking individual staples used in a department of an office. There is no definitive gauge to calculate the staples used. This judgment of dollars is not a significant entity to a large corporation, but it may to a small, privately owned business. It will depend of the size of the company. The cost principle is dealing with the recording of the company’s assets. The assets equal the value exchanged at the time of their attainment. Assets consisting of land or buildings value with time. Land and buildings do not need to be appraised for reporting.So what is the difference of why managerial accounting does not need to follow GAAP but financial accounting need to follow the principles? Managerial and financial accounting is two separate types of accounting, so each one needs a specific method for financial reports to help that type of company. Managerial accounting is not bound by the General Accepted Accounting Principles. In managerial accounting, managers set their own rules for financial report methods. Using the General Accepted Accounting Principles set a common ground for external users to rely on when evaluating a company. The GAAP help reduce fraud and catch misrepresentations on financial reports. Managerial accounting prepares reports only for internal use of the manager. This information helps to make decisions on the company’s future. There are no specific required reports, only the reports what the manager sees fit to help make decisions. The reports are normally focused on departments of the organization, not as a whole. Financial accounting relies on reports for perspective of the organization. It focuses on specific information because it is used outside the company. This is why financial accounting must follow GAAP for external reports.