Do you have the skills needed to read financial spreadsheets
Are you currently empowered to do so? If not why not – negotiating that trust
How can you record financial information in an easy to use format
Learn which areas of the practice a manager should manage and how
Budgets and Forecasts
How to read them – learn from the expert finance team
How do you then identify key areas – we can show you
Managing the day to day accounts within the clinic
Making the numbers easy
Using the figures to motivate your team
Measuring Key Areas
What’s a KPI – Let me show you and together examine why they are essential to your clinic
Be shown step by step how to measure a KPI, how to work with them and improve the business income.
How to be a financial boffin all by yourself – Your principal will be amazed!
Practicing in the classroom how to present issues
Capitation schemes
Patient Finance schemes – How to offer the best service
Profit and Loss
Be shown the basics of a sample profit and loss sheet
Using and understanding real life P&L – Why bother?
Examining the numbers in detail – How and when?
Examples of recognising differences from P&L result – as the manager how can you benefit the practice with this knowledge
Payroll – Keeping it efficient – Top tips
Budget Setting
How do you go about implementing a budget? In house or external help? Lets discuss your needs together as a group
Learn how to understand annual gross income/profit/expenditure – Let me explain to you why this is important and how simple this can be – its not rocket science!
Let me show you how measuring profitability within the clinic is the starting block
Duration: one-day course - 7 hours CPD. No lunch provided.
