Loan-Out Companies for Creative Professionals – Do Artists Need to Incorporate?

If you work in the entertainment industry as a creative professional, it may be beneficial for you to form a "loan-out" company for liability and tax protection. Loan-out companies are entities which are owned by the talent; These companies then contract with third parties, such as film studios, and agree to provide the services of the owner. The talent is essentially hired by the loan-out company, who renders the services required by the company's contract with the third party. Typically, the talent will form a Corporation or, more likely, an S Corporation. (The single member LLC is also becoming a popular vehicle for loan-out companies, depending on the state in which talent forms the business).

In other words, when MegaStudio contracts with its leading actor, the contract is between MegaStudio and ActorCorp. Actor will typically provide MegaStudio with an inductement letter in which the actor commits to provide their services to the studio and abide by the contract's terms. The expenses which Actor incurs (lawyer's fees, agent's responsibilities, office / assistant expenses, travel expenses, wardrobe, publicity, etc.) are paid as business expenses through ActorCorp. The balance, after deducting payroll taxes, is then paid to the creative professional as salary, bonus or dividends, depending on the individual's tax circumstances.

But when should you use a loan-out company?

If you're a writer, actor or director, you should consider a loan-out company if your gross income from the creative services is between $ 75,000- $ 150,000 per year. However, this is only a general guideline. Depending on your personal financial situation, the corporate form may be beneficial for creative professionals who earn less, especially if you have assets you need to protect. If your gross earnings exceeded $ 150,000 per year, a loan-out company should have considered a necessity.

In the music business, the need for a band to use a loan-out company has additional aspects which should be considered. Bands are unique, because unlike other creative professionals, there are two aspects to their business: (a) the creation / ownership / exploitation of the copyright and (b) performance / merchandising rights. Unless you're a solo act, your band is comprized of a couple of members, and you've probably gotten a handshake agreement where you've agreed to split everything you earn. This is fine if you're a cover band playing the local saloon on Friday nights. However, most professional bands are operated through a corporation or LLC which contracts with the label and which contracts for their performances and their merchandising, with each member getting a pro rata share of the profits / losses.

Then, the band typically does one of two things. If all of the members are going to share in the publishing royalties from the song copyright, the band will set up a separate entity to hold the copyright. The publishing royalties are then split up through proportional shares of stock or membership interest in the loan-out company. Alternately, each member sets up their own company, and each author's fractional share is designated in the publishing contract with the company retained to administrator the publishing rights.

In other bands, one or more (but less than all) of the members write the songs. Many of the great musical partners, like Lennon / McCartney, Page / Plant, Morrissey / Marr, managed their publishing in this manner. Depending on how your band agreements to split general band revenue and revenue from music publishing, all professional bands should have at least one business entity established and good documents prepared spelling out their agreement on how various revenue streams will be split.

Finally, what if you're on the production side of the entertainment industry, ie, producing a movie, a film, an album, or a play? In this instance, having your company organized as a corporation or an LLC is imperative. Have you ever seen a movie where there was only one producer listed in the credits? Me neither. Most producers have at least one, if not many, partners in the project. Even the smallest independent feature is likely to cost more than $ 100,000 to produce, and for every film that makes it to market, there are dozens where the project never makes a dime. As such, it's important for the producers to protect themselves from liability to their investors and the myriad third parties that they must contract with to get the project completed. Establishing a formal business entity which spell out the parties' respect obligations and protect the individuals from personal liability is essential.

The History and the Uses of Jet Fuel

Over the past centuries, aviation has become one of the most developedventions. Aviation had also become one of the most important forms of transport. Without aviation, we would not be able to travel across the globe for a short period. We would still rely on ships to travel, which is time-consuming and not efficient. However, the development of the aviation industries also leads to the elation of a new type of fuel. This new kind of fuel was focused mainly on air transport, and it is another vital item to all planes. All aircraft use a type of fuel known as jet fuel or aviation fuel. Without aviation grade fuel, planes would have no source of fuel to power the powerful jet turbine engine that would generate lift and other electric power for the aircraft.

As plane engines get more complicated, they would require more sophisticated types of fuel to power the engines more efficiently. Common gasoline was not ideal for planes. At the dawn of aviation, most planes have a small, simple engine that powered automobiles. However, simple gasoline was not the best fuel for the powerful engines used by piston-driven airplanes that were developed in the 1930s and 1940s. Simple gasoline was not as efficient, and it did not have a high-octane rating. All types of fuel have a benchmark rating. The benchmark was its level of octane. The higher the amounts of octane allow a powerful piston engine to burn its fuel efficiently. During, the Jet age, the newly invented jet engine does not require a type of fuel that vaporized as easy as before. Instead of using old gasoline, they turn to a mixture of Kerosene and Gasoline. This first type of jet fuel was known as JP-1. Later on, there was a newly developed JP-8, they used this one type fuel because it had a higher combustion rate and was less carcinogenic. All jet fuels only have a requirement that all types of aviation fuels would not ignite at low temperature, to prevent any fire accidents.

In the commercial plane businesses, they use jet a fuel. Jet a grade fuel is pure kerosene, and it has a flash-point of 49 degrees centigrade. Jet a fuel is a high-quality fuel. If jet a fails the purity and other quality tests for use on jet aircraft, it is sold to ground-based users that have less demanding requirements. Commercial jet fuel as well as military jet fuel often includes anti-freeze to prevent ice buildup inside the fuel tanks. Having ice build up in fuel tanks is one of the last things a pilot could wish for during their flight. In today's market, jet fuel cost around 0.95 cents per gallon. Jet fuel is cheaper than petrol as it is pure kerosene and commercial airlines buy them in bulk, making the price cheaper. Before jet fuel can become usable kerosene has to be extracted from crude oil and purify so it will burn cleanly in jet engines. After extraction is completed, the chemist must figure out the blend of kerosene and gasoline to make the fuel as efficient as possible, and keeps the engine from unnecessary misfires.

In conclusion, the introduction of Jet fuel changed the face of the aviation industries. Without aviation grade, fuel air fares would cost more because they would have to use petrol to run the engines. The uses of jet fuel are also more efficient for planes as they were designed for the job.

Crowd-Funding May Not Be the Best Way to Finance Your Business

It began with the passage on April 5, 2012, of the JOBS Act, officially known as the Jumpstart Our Business Startups Act. No, not the concept of crowd-funding. That's been around for several years, thanks largely to Kickstarter. I'm talking about the federal government's involvement in crowdfunding. Without the hyphen, incidentally, the other popular way to spell the process where people with ideas – or causes – attempts to convince people with money-to-spare to contribute to their particular idea or cause.

The JOBS Act added a new dimension to crowd-funding – a group of people called investors. Prior to April, crowd-funding was loosely based on a system best described as "donation-and-reward." In return for you donating a small dollar amount to my idea or cause, if I reached my stated funding goal, and if what I said I'd create with that money became a reality, I'd send you a sample of my product. .. or a T-shirt promoting my cause. Simple enough, right? Donation and reward.

That JOBS Act, however, allows people with significant amounts of money to now "invest" in small and start-up companies. And, because the rules for "investing" fall under the Security and Exchange Commission (SEC), the JOBS Act has given the SEC until Jan. 1, 2013, to draft and implement rules and regulations for those who want to invest in companies defined by that Act.

There's a significant difference between investors as defined in the JOBS Act and "donors" under the original crowd-funding concept. Investors loan money with the intent of getting it back, either with interest or in the form of stock in the company in which they invest.

Under the original "donation-and-reward" program, if the person seeking a certain amount of money reached his or her stated goal, each person who donated to that goal basically kissed his or her donation good-bye. If the project to which they contributed became successful, each donor got a "reward," whatever they'd promised when they made their contributions.

Crowd-funding under the JOBS Act is not going to be the answer for every type of business. The most money – the smart money – is will likely fund high-tech businesses or those that best satisfy a major consumer need or want. And that funding is actually certain to go first to companies that have a well polished, written business plan.

Yes, a written business plan, the curse of so many owners of small and start-up businesses. With JOBS Act crowd-funding, a well written business plan will be a must. No one smart enough to have amassed enough money to invest in a business will be foolish enough to invest in a company that lacks a well written business plan. Those investors will want to see financial projection – sales, profit margins, manufacturing and labor costs – at least three years of those projections, along with other pertinent information.

Is the effort to attract such investors worth it? At this point no one knows for sure because the SEC regs are barely in the drafting stage and likely will not be implemented until early 2013. Meanwhile, crowd-funding using the time-honored, hassle-free "donation-and-reward" System continues to thrive.

Why They Avert Learning?

The success of any organization depends on the attitude of organizational members towards the process of learning and how they operateally define it. Mostly top management of any organization argues that, they know how to learn but actually they do not know at all. They believe that learning is the process of correction of errors but ignores the problem inwardly. They think learning is a one way process and spend their lives in this dilemma. According to the experts, learning occurs in two ways. One is single loop learning (eg Air conditioner tripped on specific room temperature) and the second is double loop learning (if air conditioner asked why I am fixed at specific temperature and explore about other options).

Professionals are good at single loop learning but not at double loop learning. Because they rarely face unfavorable situations in their lives and when they face undesired situations, they become defensive instead of being realistic. They start blaming on others as the reason of problem. Blaming on others blocks their own learning process. Companies should learn how to break the barriers among their members and make them double loop learners. They should make them able to do reasoning of their own behaviors. There was a famous consulting organization which provided services to different companies. According to the feedback from the clients, they were very much satisfied with the performance of consulting services but the CEO of that consulting organization was not satisfied with the performance of his own staff. He was worried about the performance of the employees and think that the employees are not meeting with standards. He decided to get help from the external consultant to unaware the problems facing by the employees.

During the initial meetings, members were not comfortable to share the problems but after the series of meetings with external consultant they opened up and raised some points. They said that the clients were non-serious and CEO was distant during the process. We were under pressure by our CEO to end the project on time which affected their performance. At time the members were asked to give the evidence of problems that they have discussed, their responses being changed. Instead of being realistic, they presented the problem in such way which stopped learning. Finally, they ended-up unclear conversation. According to the theory of actions; Espoused theory will be different from the theory-in-use because people want to maximize the winning and avoid embarrassment.

I am agreeing with the idea of ​​single loop and double loop learning. Most of the times people are committed to change and they want too but they locked up their selves in defensive reasoning and even they are unaware of the defensive boundary they made around them. Companies can help employees to break their membrane of defensive reasoning by showing the gap between actual and espoused theory of actions and encourage open conversations among the members to make the place of continue improvement. It will help them to understand the deeper aspects of employee-client relationship and also they will learn the process of learning by real discussions. Acceptance should be encouraged instead of blaming each other for any problem. Proper training of the employees can transform organizations into a better place for work.

How To Obtain Limousine Financing For a Start Up Business

Many enterpreneurs like the glamor of starting a limousine business but the road to their
Success may be a little bit more complicated than one might expect. This article will concentrate on the financing side of the startup investment and try to give the want to be limo entrepreneur a reasonable assessment of what is in store for them.

Today, most typical lenders are not interested in lending money to a start up business for a limousine service. They consider it a high risk type of business and feel that their investment dollars can be better spend somewhere else in their portfolio. However, there are a few lenders out there that feel comfortable in the transportation industry and will lend accordingly. Their bankground might be exclusively in this industry and will cover not only limousines but additionally limousines and shuttle buses, coach and tour buses, ambulances and hearsts etc.

Most lenders review the applicant's background and want to ascertain that they have experience in this industry and / or have other key employees that can supplement this situation. Additionally, they understand that this start up business may lose money at the start and want a comfort level that the applicable has a nest egg of money. An income producing spouse that can support the cash flow demand.during the start up phase would be a real plus. Additionally, the personal credit of the applicants may be raised to a higher standard to reinsure the lender that he has a qualified applicant.

Once the lender gets passed the initial credit review and the applicant's qualifications to run this type of business, the amount of upfront money to qualify for a lease becomes an issue. Each lender is different but for the most part they require the applicant to put up somewhere between
10% -25% of the purchased cost of the limousine. Each limousine deal is reviewed separately by the lender because, in their mind, a hummer vs a lincoln stretch has different criteria to them. They review the year, make and model, including the mileage, etc to come up with a financing deal. Many lenders do not like lending below $ 25,000 to $ 30,000 and a limousine no older than maybe three to four years old. Additionally, their leases could run as little as 30 months and as much as 60 months. It is advised for you to look at more than one lender and see what criterial is best for you.

The final part of the financing exercise is to find out how much you monthly payment will be. This can be an interesting exercise because know one is going to quote you an interest rate. I have seen start up limousine businesses being charged anywhere between 14% – 38% interest per year once you get through all the red tape. This carrying cost is critical for you to make sure you are able to afford the payment per month because you do not want a run away business which will be out of balance from the start. It is a good idea to have a business plan prepared by you or a qualified individual to see what all the variables are. I seen many times where a limo bus might be a better investment than a stretch because the region dictated this demand. Obviously, it is important that you understand your customer base and hopefully obtain contracts upfront to create your revenue base before you wander to far.

At the end of lease, the limousines usually have a buyout clause so you can title to the limousine. . Sometimes it is $ 101 buyout or 10% residual, make sure you understand the buyout
Clauses.

The hardest part of this business is getting the initial financing, sometimes a co-signor might be
Necessary and additional collateral may be required. Once you get past a couple of years and show
The banking community you can survive and pay your bills, then the next acquistion should be a lot
Easier. The requirements of financing the second lease hopefully be like night and day.

The last thing to remember is that you will wind up personally guaranteeing the lease, so be prepared for this. A personal financial statement by the lender may be required and a couple of years of personal income tax returns.

Happy hunting for you limousine and remember that each lenders requirements may be
Different.

How to Turn Your Unhealthy Lifestyle to Healthy

Is an unhealthy lifestyle your responsibility or the health care system's? Well, as an advocate for healthy lifestyles, I believe that each individual must take responsibility for their choices, actions and their overall health. That being said, this simply means that health is a matter of choice. When you are not healthy because of your consumption of fatty foods, high-sugar drinks, smoking, drinking alcoholic beverages (in excess) or not exercising regularly, you are contributing to your unhealthy lifestyle. With the freedom of choice comes the responsibility to choose wisely.

When you choose to turn your unhealthy lifestyle to a healthy one, you reduce your chances of getting sick, you reduce your visits to the doctor and you get a much better chance of preventing future diseases. My equation for turning your unhealthy lifestyle to a healthy one is:

(+ CHOICES ) + (+ ACTIONS ) = (+ HEALTH )

To be successful … it must start with YOU.

Then, we must turn our attention to education. Education is the key to changing the thought patterns of the younger North American population from unhealthy lifestyle choices to healthy lifestyle choices and actions. General health is on a downward spiral and in order to stop it from getting worse, we must educate our children today so that they can attain a level of expertise in the care of their own health.

These suggestions may seem simple but did you know that only 3% of Americans maintain a healthy lifestyle? The research is published in the journal Archives of Internal Medicine and the 4 criteria that define a healthy lifestyle are:

  1. Not smoking
  2. Healthy weight
  3. Eating healthy – minimum 5 vegetables and fruit per day
  4. Exercising 30 minutes, 5 times per week

So step up, take responsibility for your choices and those of your children and take appropriate action. Leading a healthy lifestyle should be the necessary expectancy of a much larger percentage of our society. There are huge benefits to turning your unhealthy lifestyle to a healthy one such as increased life expectancy, reduced disease risk, reduced medical costs and improved quality of life.

The Impact Of Computers On The Economy

The advent of computers has markedly improved our economy and standards of daily living as business, commerce and global trade has flourished at unprecedented rate over the past decades. Furthermore, it has significantly increased the utilization of resources which in turn directed to a big deluge of output in many business establishments. Despite the brief periods of recession, the economy's sudden downward move did not leave a devastating impact as predicted as it immediately bounced back after a period of adjustments.

The computers served as a tool for global communication where the export and import of manufactured goods between and among countries' businesses are being arranged as communication through electronic mails or emails travel as fast as the speed of light. With the entry of imported products in the local market, consumers nowadays need not go abroad only to sample some of the world's finest food, clothing and apparel and grooming products.

As trade among nations allowed the phasing-out of some bargains, imported goods freely enter the market of a given country with a marked reduced tax imposed on such goods thereby lowering the selling price of the manufacture. As the economic rule proves true that abundance in the supply lowers the price of a commodity. Because of the stiff competition, international manufacturers and suppliers are given no other alternatives except to mark down the price of their commodities to be able to stay on the business ladder.

Because of computers, Business Process Outsourcing or BPO has provided countries such as India, the Philippines and South Africa a kick to their economy by providing thousands of jobs to its work. Countries providing for outsourcing on the other hand, receive the largest boost to their economy as they are relieved of paying for the manpower costs in their own country as cheaper labor cost in other countries allow them to cut-back expenses. Records show that India alone has revenues of US $ 10.9 billion from offshore BPO and US $ 30 billion from IT and total BPO in 2008 giving the country 5-6% share of the total BPO Industry.

The computers and the internet has provided for an avenue where scientists and researchers of pharmaceutical companies for example, to conduct modifications on certain medicines, develop drugs of superior quality than other existing medicines and discover new ones that promise immunity financial rewards for the sole production and Distribution for a period of time.

Indeed, the invention of computers and the internet has become the most effective catalyst for competition to grow not in increments but in big deluge giving businesses the scare of their lives. As competition gets stronger, manufacturing companies employ various marketing strategies to increase sales which ultimately end up to benefit the consumers in general.

The 5Ps of Marketing: Their Importance and Relevance

Let us discuss the 5 Ps of Marketing. They are the fundamental principles of Marketing Management. Let us discuss what they stand for:

Product: Product stands for the product a company intends to sell or it produces. It forms the base of a company's functioning. A product is created, sold and earns revenue for the company and pays for the work. A company needs to decide carefully about the nature of product it intends to launch.

Price: Pricing of the product is the next stage. The company needs to check the manufacturing cost and also the cost of rival products before deciding the final price of the product.

Place: Place is very vital. The company must find proper place to market the product or in other words it needs to find the target consumers for the product.

Promotion: The promotion of the product is important since a proper promotion can only help in better visibility and ensure proper sale of the product.

People: It is considered the 5th P. It means the manpower of the company. The sales of a company coupled with various other functions can only be achieved if the company has a good and stable workforce. Thus the quality of work plays a vital role. A better and dedicated workforce can only do good for a company and much more.

Conclusion: Thus proper marketing can be achieved by a very good synchronization of the various Ps. Each component or each P must be designed or made after keeping the effect of it on the other. If this can be done effectively then a company can grow properly or out perform others. Thus if a company decides to launch a chocolate then it must plan the promotional activities, place of marketing efficiently in order to get the desired result. Let us take chocolate as a product and discuss the components.

Here the product is Chocolate.

The pricing must be made keeping in mind the price of similar Chocolates in the market.

The place or target consumers ie kids or Chocolate lovers of other age groups must be identified.

Promotion must be done accordingly. A Chocolate is associated with happiness. Hence the promotional activities can be done keeping special festivals or such dates in mind. A festival where exchange of gifts is a custom can be the promotional point of a chocolate.

Proper people associated and experienced in the process of manufacturing and sales of chocolates must be hired. At the end, people with a passion for chocolates can only do good for the company.

Thus these are the 5 Ps of Marketing and in this manner that they function in synchronization with each other to complete the Marketing need of a company and take it ahead.

Holistic Health Care – What and Whom

The Baby boomers-those born 1946 through 1964-are the largest population to require health care than ever before. Medical practitioners and pharmaceutical companies are focusing on what pills, potions or surgeries the baby boomers-turned seniors will be likely to use in the next 30 – 40 years. Ironically, the majority of people tend to be concerned about their health after something major has occurred. The truth is if we consistently take good care of our health the aging process has little impact.

Baby boomers are voicing their concerns about better health, more than prior generations. However, many do not know where to find information and options, other than Traditional Western Medicine (TWM).

Few people research the plethora of side effects for prescription or over-the-counter (OTC) drugs-not to mention that prescription and OTC drugs are formulated to take over and hijack your body's biochemistry. Prescription and OTC drugs force blood pressure to be lower / higher or force the liver to stop manufacturing healthy cholesterol. In fact, prescription or OTC drugs interfere with normal human metabolism, and that is one reason why prescription drugs are killing people. Yet, conventional medical doctors rely on propaganda about the unknown side effects of holistic health care to convince people that only prescription or OTC drugs are safe. It is NOT that they are terrified about the side effects of holistic health care-they are terrified of people being well and they will not have their business of prescribing life-long pills and potions. Western Medicine is profit driven.

If everyone knew they could prevent any disease with plant extracts, medicinal herbs, natural vitamins, minerals, and supplements, as well as having peace of mind-the pharmaceutical and medical industry would collapse overnight.

O The World Health Organization, estimates that between 65 to 80 percent of the world's population (about 3 billion people) relly on naturopathic or homeopathic medicine as their primary form of health care.

O Worldwide, only 10 to 30 percent of people use traditional medicine, 70 to 90 percent use naturopathic and homeopathic health care.

O 74 percent of the American population desires a natural approach to health care.

O Of the one out of three Americans who say they have used natural techniques, 84 percent said they would use it again.

O Traditional Chinese Medicine has been chosen by the World Health Organization for worldwide propagation to meet the health care needs of the twenty-first century.

O The US government sponsors the use of acupuncture in drug rehabilitation programs.

O "In a [Mayo Clinic] study of 50 patients, six acupuncture treatments given over two to three weeks significantly improved their symptoms of pain and fatigue." Time, 2005

O "Americans make more visits to holistic health care providers (some 600 million a year) than to MDs and spend more money out-of-pocket to do so about $ 30 billion a year by recent estimates." Newsweek, 12/2002

O "A recent study performed by the American Massage Therapy Association revealed that 28 percent of people received a massage from a massage therapist in the past five years, up from 17 percent in 1997. Eighteen percent said they had a massage in the past 12 months . That's 10 percent higher than was reported in 1997. " American Massage Therapy Association, 8/2002.

Holistic health care practices include:

O Acupuncture

O Aromatherapy / flower essences

O Ayurvedic medicine

O Bio-feedback

O Chelation therapy

O Chiropractic

O Essential Oils

O Guided imagery

O Herbology / Herbal remedies

O Homeopathy

O Hydrotherapy

O Hypnosis / self-hypnosis

O Iridology

O Massage

O Meditation / visualization

O Mind, Body, Spirit healing (using the unconscious mind)

O Movement and exercise therapy

O Naturopathy

O Nutrition therapy

O Osteopathy

O Reiki / energy medicine

O Relaxation response

O Reflexology

O Therapeutic touch

O Traditional Chinese Medicine (TCM)

Every community has resources: Natural food stores, natural vitamin and supplement stores: Hi Health, Vitamin Shoppe, Whole Foods, Wild Oats Market, Trader Joe's, AJ's Fine Foods, The Internet directories.

O Holistic Health Care provider directory – New Holistic Health Care Products Directory. Http://www.holisticseek.com/

O Holistic Junction: Business Directory
Holistic Junction, your pathway to Holistic Practitioners, Massage Therapy http://www.holisticjunction.com

O Holistic Healthcare online: A search directory for reputable practitioners by state, country, city, http://www.holistichealthcare.com

O Florida Health & Fitness Directory … Holistic Health Care: Natural Healing and Preventative Medicine Acupuncture, Chinese Herbs, Homeopathy, Shiatsu, … http://www.floridasmart.com/business/health/index.htm

O Holistic health links and new age links from Share Guide. … Healthlinks.net – Healthcare portal and directory with over 70200 unique links. … http://www.shareguide.com/links.html

O American Holistic Health Association (AHHA) – Resource Lists. Members who work in partnership with their patients, and encourage a holistic approach to wellness. …

O Metaphysical Healing-Mind, Body, Spirit, Genesis Consultants, Inc.

Last, but not least do not allow traditional medical doctors, pharmacists or your family and best friends to intimidate you into believing your life is in jeopardy if you use holistic health care remedies or practitioners.

The Journal of the American Medical Association Vol. 284 July 26, 2000, published an article documenting the tragedy of Traditional Western Medicine (TWM) paradigm. The author, Dr. Barbara Starfield of Johns Hopkins School of Hygiene and Public Health describes how the US health care system may contribute to poor health. Doctors, she stated, are the third leading cause of death in the US, causing 250,000 deaths every year.

This information is a follow-up to the Institute of Medicine report December, 1999, but the data was hard to reference as it was not in peer-reviewed journal. Now it is published in JAMA which is the most widely circulated medical periodical in the world.

DEATHS PER YEAR:

1. 12,000 —– unnecessary surgery

2. 7,000 —– medication errors in hospitals

3. 20,000 —- other errors in hospitals

4. 80,000 —- infections in hospitals

5. 106,000 — non-error, negative effects of drugs

250,000 deaths per year from iatrogenic – death induced in a patient by a physician's activity, manner, or therapy, especially of a complication of treatment causes – is outrageous !! Yet, the majority of people continue to trust the medical profession to 'cure' them, in spite of all the evidence to the contrary.

Of 13 countries in a recent comparison, the United States ranks an average of 12th (second from the bottom) for 16 available health indicators. The ranking of the US on several indicators was:

O 13th (last) for low-birth-weight percentages

O 13th for neonatal mortality and infant mortality overall 14

O 11th for post neonatal mortality

O 13th for years of potential life lost (excluding external causes)

O 11th for life expectancy at 1 year for females, 12th for males

O 10th for life expectancy at 15 years for females, 12th for males

O 10th for life expectancy at 40 years for females, 9th for males

O 7th for life expectancy at 65 years for females, 7th for males

O 3rd for life expectancy at 80 years for females, 3rd for males

O 10th for age-adjusted mortality

The poor performance of the US medical profession was recently confirmed by a World Health Organization study, which used different data and ranked the United States as 15th among 25 industrialized countries.

Why You Should Take a Management Training Course

Are you thinking of taking a management training course? If so, go for it, there are many excellent reasons why taking such a course can help your career. Taking a management training course can be very advantageous to a person's professional development and, as a consequence, also for the company which employs them. In this fast paced modern world managerial techniques are changing rapidly and it is vital that, no matter how long you have spent in management, that you keep up to date with current administrative innovations.

By enrolling on a management training course you will learn to deal with new trends and market demands within your business, be able to make better decisions related to the business, manage day to day operations much more effectively, be able to forecast and evaluate business trends As well provide better leadership which will improve the performance of those working under you.

Another reason why you should take a management training course is that it will make you a much more effective manager. Topics such as learning to build your team and then motivate them, being able to communicate more effectively, resolve disputes and provide a better customer service are critical if you are to meet your potential in the world of management. Other skills taught on such a course may also include motivation and conflict resolution.

By enrolling on a management training course you are also benefitting your employer. His company will only continue to grow and compete effectively if it has a team of well trained managers, all completely up to date with current business trends, in its ranks.

There are also many personal benefits from taking a course. You will enhance you opportunities for promotion and an improved salary and benefits package within the company. And having boosted your professional know how rival companies may also become interested in recruiting you, offering the prospect of an even better salary and company perks.

Few companies employ their own high powered training teams, so the chances are they bring will in outside training teams to run the course. If the course is organized by your company it is likely that you will be able to enjoy its benefits for no charge at all. But there are many personal benefits from signing up for a course that does charge a fee. By taking a management training course you are empowering yourself to become a much more effective manager. Your company will have full complement of well trained and prepared managers which can only be good news when it comes to competitiveness in the modern business world.