Monthly Archives: June 2016

5 Tips for Starting Up a Clinic

download (20)A clinic is a place that can be extremely helpful to people if it is properly equipped and has all the great characteristics. Starting a clinic and progressing through it has never been easy and there are a lot of tips that have to be followed. You surely need to take proper note of all these tips in order to enable people to make the most out of your clinic. Some important tips have been explained as below.

1. Knowledge

It is very obvious that a clinic is a very complicated place and enough knowledge is never going to be harmful. Thus gain as much of knowledge as possible regarding medicines, instruments, patient information and financial support. All this information and knowledge can help you a lot in the long run. Having sufficient knowledge is all you require to function in a clinic. Starting a clinic is never going to be easy let alone making it profitable. There are a lot of challenges involved.

2. Clinic location

The location of your clinic can also be extremely vital. Your clinic can be near educational institutions and residences. Observe the location where you are able to cater to a large number of patients. This will help you to serve and your professional success can also depend a lot on this factor.

3. Economic needs

The economic needs must also be taken into consideration without a doubt. For this purpose, you will have to observe the demands for a homeopath in a particular area or any other factor for that matter. This will help you a lot going forward. Always keep economic needs in mind so that you can benefit from it in the long run.

4. The size of your clinic

The size of your clinic will obviously depend on many factors. These include pharmacy, waiting room, doctor chamber, waiting room, staff and parking area. Patients mostly tend to visit clinics that are large in size and are able to cater to thousands of patients.

5. Equipment and medical machines

There are so many machines that are required for medical care. All these machines should be of very high quality so that they last for long. Apart from this you must give enough attention to other factors like interior designing, reception area and medicines. All these will only be profitable to you in the long run. It is one of the important things to remember.

 

Know About GIs and Promote the Best Interests of the Craftsmen

download (19)Do you know as to how would they safeguard & promote the best interests of the craftsmen?

A geographical indication (GI) is a name or sign used on certain products which corresponds to a specific geographical location or origin (e.g. a town, region, or country). India, as a member of the World Trade Organization (WTO), enacted the Geographical Indications of Goods (Registration and Protection) Act, 1999 has come into force with effect from 15 September 2003. They have been defined under Article 22(1) of the WTO Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) Agreement as: “Indications which identify a good as originating in the territory of a member, or a region or a locality in that territory, where a given quality, reputation or characteristic of the good is essentially attributable to its geographic origin.”

GI of Goods are defined as that aspect of industrial property which refer to a country or to a place situated therein as being the country or place of origin of that product. Typically, such a name conveys an assurance of quality and distinctiveness which is essentially attributable to the fact of its origin in that defined geographical locality, region or country. Under Articles 1 (2) and 10 of the Paris Convention for the Protection of Industrial Property, geographical indications are covered as an element of IPRs. They are also covered under Articles 22 to 24 of the Trade Related Aspects of Intellectual Property Rights (TRIPS) Agreement, which was part of the Agreements concluding the Uruguay Round of GATT negotiations.

“Tequila” is selected for liquor originating from the town of Tequila in the state of Jalisco, Mexico, where the liquor has been produced for over 200 years. Other examples include:

“Champagne”

“Darjeeling Tea”

“Jamaica Blue Mountain Coffee”

It can be a geographical place name (e.g., “Champagne”), a symbol (e.g., a picture of the Eiffel Tower, the Statue of Liberty, an orange tree), the outline of a geographical area (e.g., the outline of the state of Florida or a map of the Dominican Republic) or anything else capable of identifying the source of a product.

They are offshoots of indications of source and appellations of origin, which were first accorded international recognition in the Paris Convention for the Protection of Industrial Property (1883).India, as a member of the World Trade Organization (WTO), enacted the Geographical Indications of Goods (Registration & Protection) Act, 1999 has come into force with effect from 15th September 2003.

Also, it ensures that none other than those registered as authorised users (or at least those residing inside the geographic territory) are allowed to use the popular product name.

In India, DARJEELING is protected as a certification mark as well as through a system established by the Tea Act of 1953, which mandates the licensing of all tea dealers and the issuance of certificates of origin in respect of all legitimate exports of the tea. “Darjeeling Tea” is also protected.

 

How to Review a Business Complaint

download (18)One of the common methods of vetting a business that you have never worked with before is to check to look at the reviews or formal complaints about the business. Some of the common lists to post a review or file a complaint are sites like YELP, the BBB, or Ripoff Report.

Any business that works with a volume of customers over a period of time will have a complaint filed against them. Large businesses like McDonald’s Hamburgers or Amazon have complaints files about something somewhere almost every day. Business that have never had a complaint filed against them probably has not been around very long or does not work with a large sector of the general public.

This is not to say that complaints are not justified. There is more to reviewing complaints than reading how bad the service was from one customers’ point of view. Yes that customer probably had some less than average experience, but in the realm of company performance would not be the norm.

The first item to consider when reviewing a business review or complaint is to look at the number and frequency of complaints. If a company has only one complaint a year, or even a complaint or two for a high volume business, that means that most of the customers are satisfied. Consider that there are television commercials were they advertise their customer satisfaction rate. If the customer satisfaction rate were 97% that means that 97 of 100 customers were satisfied and that 3 were not satisfied. Enhance this to a large volume business and it becomes that 3,000 people out of 100,000 customers were not satisfied.

The second issue is that internet review sites provide a lot of anonymity for the complainer. Social media allows anyone to say anything about anyone with little consequences of their actions. Sites like the BBB and Ripoff Report provide an opportunity for the business to respond to the complaint. To fully and accurately review a business complaint you must also read the response by the business representative. Remember that just because someone can say something on the internet does not make it true.

The other issue is that some people do not understand basic business practices. Yes business are there to provide services to the customer, but are often regulated by a number of internal and external sources. Customers can sometimes expect, or demand far more than a particular business is able to provide.

 

Reasons For Opening A Business Bank Account

download (17)It may seem convenient and easy for you to keep your personal and business finances in a single account; however, this offers several disadvantages. Indeed, opening different accounts for the two can prevent you from experiencing hassles. This will also provide you with different benefits.

Why You Must Open A Business Bank Account

Protection from legal liability – Opening a business bank account will protect your personal assets any legal liability. When your company gets sued and you are keeping your company and personal finances in just one account, the court might go after your personal assets since your bank account won’t reflect 2 distinct entities.

Tax purposes – Another excellent benefit of opening a separate account for your business is that it will be a lot easier for you to file business income and expenses for tax purposes.

Professionalism – Having a business bank account will lend credibility and professionalism to your firm. If clients see that you are using personal checks for transactions, they may assume that you’re not running a legal business operation.

Tips For Opening A Business Bank Account

Having a personal bank account won’t mean that you will easily open another account for your business. But your current bank might not necessarily be the best one of for your company. Bear in mind that banks specialise in various areas. Often, they cater to small businesses. However, there are other banking institutions that can provide reliable equipment loans.

Aside from opening a checking account, consider looking into other financial products as well. These include cash management and the different lines of credit. If you find a bank with extensive knowledge and experience in dealing with companies similar to yours, this may be the best bank for you as well.

The banking cost is another crucial factor to consider if you are choosing the best bank. Most banks today allow companies to open accounts for free. Also, they just require a minimal amount of balance. Sooner, the needs of your business might change and you may need to evaluate your account according to your fees along with the convenience the account offers. And if you choose to upgrade your account, this may lead to higher fees. Remember though that these might be offset by the ease in dealing with the increased volume of transactions. Ease of access to added services from the bank may offset such high fees as well.