One of the most important industries in the world today is the healthcare industry, which is ultimately responsible for providing care to people all over the world. While the industry is very large, it also has the reputation for being inefficient. At the same time, it has not been able to incorporate technology very well to reduce costs and make the process easier for patients and healthcare providers. While the healthcare industry has had this reputation for a long time, one company is continuing to change this.
One company that is continuing to provide great service to the healthcare industry through its innovation is Virtual Health. The Virtual Health company has developed a new telemedicine technology that can be used to help people connect with healthcare providers in a far more efficient and convenient manner. While this technology has been around in some capacity for a long time, Virtual Health is taking it to the next level. When you use the Virtual Health telemedicine terminal and related diagnostic tools, you can gain access to a healthcare provider immediately.
During a health consultation through a Virtual Health terminal, you will be able to receive a full evaluation. This can include receiving tips and advice on how to live a healthier life while also receiving updated prescriptions.
The Virtual Health company continues to be led by Jack Plotkin, who is the Chief Technology Officer for the organization. Jack Plotkin has had a long and successful career when it comes to innovation and implementation. Ever since from graduating from Harvard, he has continued to provide leadership roles for companies in the healthcare, financial services, and consulting industries. This has included being a consultant for a variety of Fortune 500 companies.
Partnerships are key to not only sustaining business strength in the oil industry, but also insuring a regular pace of growth and future stability as well. This is why folks like Matt Fleeger and his leadership team put such and emphasis on building bonds and bridges with key partners on a regular basis. Doing so has allowed company possibilities and opportunities for corporate horizon broadening that would not have been possible for Fleeger’s company, Gulf Coast Western, going at it alone.
Sometimes the partnerships are simply temporary joint operations with other industry players. And at other times it may mean making the partnership far more substantial and permanent, as in Gulf Coast Westerns acquisition of 50 percent of Northcote Energy, Ltd. In that venture Gulf Coast Western was able to combine its holdings and reserves with the advanced drilling capability of Northcote, producing a win-win for both companies. In other partnerships Gulf Coast Western has been able to acquire control of drilling sites with extensive reserves and plenty of oil assets for future company strength for years to come in terms of revenue.
All of the above said, Matt Fleeger is well aware of the oil and gas industry in general and how hyperactive its market fluctuations can be. While there are plenty of economic forecasts predicting further opportunities, there are also plenty of challenges and downturns in the past as well. As a result, successful oil company leaders like Fleeger understand all too clearly success is as much about avoiding unnecessary risk as it is about finding profitable avenues for expansion.
Strong leadership in such a high-expertise environment requires patient, fortitude, strategic savvy, and lots of skill based on experience and practical knowledge. Fleeger has proven his natural capability not by just keeping Gulf Coast Western operational but continuing to find ways for it to grow significantly. It’s no surprise his team is so dedicated to his leadership as a result.
Starting a company and business is a dream that many people share. Once you do start the process of starting your own company, you can soon find that it is challenging to get the company off the ground due to a lack of capital. No matter what type of company you have, you are bound to need inventory, office space, and other assets that require upfront expenses. Recently, Paul Saunders, the founder of James River Capital, gave insight into a variety of different methods that could be followed to raise the money you need.
To start, you should check with your local banks to see if they provide financing solutions to small businesses. There are a variety of different bank-sponsored loan programs that could be used to provide you with the initial capital. When you go to a bank, you should be prepared to have a full business plan available.
Angel and Private Investors
If you have a good business idea, you could be able to raise equity from angel investors or venture capitalists. These individuals will provide you with capital or a line of credit you need. While they will take a share of your company, you will also receive some great expert advice.
Crowd funding is a growing concept in which thousands of people will contribute towards an equity investment or loan. These have very flexible repayment terms, which could help you to get into a great financing solution that is right for your business.
Those that are in need of financial advice should continue to speak with Paul Saunders and the team at James River Capital. These professionals can help you to build a business plan and raise the money you need to get off the ground. Going forward, they can continue to provide you with support you need to thrive both professionally and personally.
Giving back to the community and the less fortunate is something that all people should try to do on a regular basis. When you are going to donate to a charity, the most common option considered is to donate cash. While this will be valued by a charity, another option to consider would be to donate stock instead. There are several reasons why donating stock could be a better option for both the charities and the donors.
Helps to Avoid and Reduce Your Taxes
A primary advantage of donating stock versus cash is that it can help you to avoid taxes. When you sell a stock and use the proceeds to donate to a charity, you are going to pay capital gains on the stock sale. If you were to donate the stock directly, you can avoid having to pay this. Further, you can still deduct the value of the stock off of your tax bill at the end of the year.
Allows You to Give More
Additionally, you can also give more money to a charity when you donate a share of stock. Since you can avoid the taxation that comes with selling stock, you will have more money that can be given back to the charity. Additionally, you will be able to donate an asset that should appreciate in value and pay dividends in the future to the charity.
If you are planning for your financial future, you should try to get the advice from seasoned professionals. One company that can provide you with amazing support and service is HCR Wealth Advisors. The team at HCR Wealth Advisors can work with you to determine your long-term financial goals and then create a plan that will help you to get there. This can also include figuring out the best way to donate and give back while maximizing donations and minimizing your tax burden.
This article is provided for informational purposes only and should not be interpreted as investment advice.