Archive for March, 2011
Many people who invest in property or who own a business overlook the advantages of buying commercial premises. Although it is often cheaper in the short-term to rent property for business, there are a number of benefits to buying. If you are interested in commercial property, then this guide will tell you the best way to go about getting a commercial property mortgage.
What are the advantages of a commercial mortgage?
There are many benefits to buying commercial property using a commercial mortgage. Firstly, the commercial mortgage payment is likely to be the same as the cost of renting the property, and you have the added financial bonus that you will eventually own the property. Also, if you rent a property then you are subject to rent increases which can harm your business.
Commercial mortgages stop you from having your rent payments drastically increased and so give you peace of mind and stability. Also, the interest payments on a commercial mortgage are tax deductible, which may help you to reduce your overall tax burden each year. If you have a large amount of commercial property then any unused areas could be sub-let to other companies, although this usually requires the permission of the lender.
What are the disadvantages?
As with any type of loan there are also disadvantages to getting a commercial mortgage. Firstly, you will need to pay a large deposit as down payment on the property, which you may not be able to afford or is allocated for more important business items. If you are a business that anticipates rapid growth or the need for a change in location fairly frequently, then getting a commercial mortgage may not be right for you. It is much harder to relocate if you have to sell your property first, and if your business relies on quick relocation you could lose out. However, perhaps the biggest problem with owning commercial property is the responsibility involved. Unlike rental property you are responsible for the upkeep and maintenance of the building, which may end up costing you a lot of money should something go wrong.
What are the costs?
Commercial mortgages have higher rates of interest to residential mortgages, because the properties are usually of a higher value and the risk is greater. Although business success can be predicted, there is no guarantee a business will do well, and so the lender has to charge higher rates to account for this. Apart from this, the repayment methods and loan terms and fairly similar to residential mortgages. Most banks and mortgage lenders can offer commercial mortgages, but as with any loan it pays to shop around to find the best prices.
Who should get a commercial mortgage?
If you have a business and believe that you will remain in a location for a long period of time, then getting a commercial mortgage could be right for you. Leisure businesses such as restaurants and pubs are a good candidate for commercial property mortgages, as expansion usually requires additional units rather than moving premises. Also, you have the benefit of owning the property and perhaps benefiting from an increase in property prices.
What is the biggest fear that most people have about visiting the doctor for medical treatment? Well for many it will undoubtedly be the discomfort of a medical examination or other such fear. But for a huge proportion, their big fear of the doctor will be the cost of the treatment.
The problem with visiting the doctor is that you will never know how much the whole service costs until after the treatment and you are presented with the bill. This unknown quantity with medical costs causes many people to shy away from paying the doctor a visit even when they should be getting treatment or at least a check up.
Therefore, one of the greatest assistances to your health could be getting some good medical insurance. Medical insurance can improve your health not just because it will pay out for expensive treatment in the case of a medical disaster or accident, but because it will make you more likely to visit the doctor for routine treatments and check ups. These are things that all medical professionals will advise you against postponing.
Visit the doctor does not have to be something you dread if you have proper medical coverage. Being secure in the knowledge that you and your families health costs are provided for, you can enjoy life more fully and when illness or accidents do occur, you will have one less thing to worry about and can concentrate all your energy and attention on getting well yourself of helping your family member to make a full and speedy recovery.
Medical research is starting to show a correlation between state of mind and recovery rates from illness. If you are happy and relaxed, you are far more likely to make a full recovery from illness, and the recovery is going to take less time, this means that if you can avoid having to worry about your medical bills because you have adequate insurance, your recovery will be helped, and this is before any account is taken of the better treatments and medicines that you will have access to as an insured patient.
These days, medical insurance is available from a variety of insurers at very competitive rates. You can ensure world class, state of the art treatment for you and your family with private medical insurance that will give you access to the services and treatments you need, when you need them, without the same problems of waiting lists and shortages of staff and funding that the public sector might be experiencing.
One of the most important required classes that you will take in nursing school is Introduction to Nursing Theory. Nursing Theory has a fairly broad definition, encompassing many different schools of thought on what nursing should be or how it should be practiced. The study of Nursing Theory includes learning about the numerous models of nursing that have been proposed, many of them in the last twenty years or so. Understanding the various models of nursing can help nursing students formulate their own theories and develop their own models and beliefs about their profession.
An introduction course in Nursing Theory will expose you to the various models of nursing that have been proposed and followed in hospitals throughout the country, and provide a frame of reference for your own beliefs and methods of nursing. You will learn about the major nursing theorists of the 20th century and since, and how to formulate your own models of nursing in order to be a more effective caregiver and medical assistant.
<b>The Parts of a Nursing Model</b>
All nursing theories or models have several essential parts. In order to be considered a valid nursing theory, a model must include a method of assessment to determine a patient’s individual needs, and a method of implementing and measuring appropriate patient care. Most nursing models can be used to produce a care plan that will document a patient’s treatment by all the healthcare professionals and workers who come into contact with him or her. The care plan should be flexible, so that it can be changed and evaluated daily as the patient’s needs and abilities change.
The care plans themselves will be shaped by the theories behind the nursing model. Care plans fall roughly into five categories: metatheories, grand theories, mid-range theories, min-theories and micro theories, in order from the range of factors considered.
<b>A Brief History of Nursing Theories</b>
Originally, the role of the nurse was to carry out the orders of a physician. Nursing theories that arose from this model of patient care were essentially biomedical and focused on treating diseases rather than patients. These theories allowed little variation in care based on a patient’s individual needs and abilities. The biomedical theories of nursing assume that all patients with the same illness have the same problems and require the same care. These theories do not take into account differences in patient knowledge and abilities due to socioeconomic, psychological or cultural differences.
Social models of nursing, by contrast, consider the patient from varying degrees of holistic viewpoints. They take into account differences among patients due to culture, economic and social status and other factors. One of the first nursing theorists, though her work is only considered a body of ‘nursing theory” in retrospect, was Florence Nightingale, who published her thoughts on nursing during the Crimean War in, Notes on Nursing: What it Is and What it Is Not, in 1859.
Nightingale’s beliefs about nursing have influenced the shape of the profession for well over 150 years. She was the first to view the nurse as more than a servant carrying out the orders of a physician, but rather as a caregiver in her own right, who could manipulate the environment and situation to influence the patient’s well-being. Since then, there have been many models of nursing proposed and accepted by various communities and types of nursing. The most familiar names in nursing theory include Madeleine Leininger, who brought concerns of recognizing cultural needs into nursing care, and Hildegard Peplau, who introduced the idea of nursing roles and the nurse-client relationship as major influences in quality of nursing care.
<b>Using Nursing Theory in the Real World</b>
As a student nurse, you will be expected to learn about and be able to describe various bodies of work and knowledge about nursing and nursing theories. Some programs may require you to develop and articulate your own nursing theory to help you formulate nursing care and nursing plans, and differentiate yourself as a nursing professional. In the real world, however, you will often find that different fields of nursing subscribe to specific theories of nursing.
While there is a great deal of semantic debate about whether the abundance of “nursing theory” is beneficial to the profession or splits it needlessly, there is no doubt that the study of nursing theory can help you understand nursing as a profession from multiple viewpoints, and can afford you the capability to begin to formulate your own concept of what it means to be a nurse, and how your actions fit into a full plan to best care for your patients.