Budgeting: Know, Interpret and Manage your Numbers August
Event Information
About this Event
Why attend this course?
Many of our clients have told us that they would love to have more confidence with the financial planning aspects of their business so they can feel more secure and are able to plan ahead. We also hear that many don't fully understand 'accountant speak' Some shy away from looking at the numbers all together and only find out three months after they have submitted their accounts how their year is been.
In response, we have put together this course specifically for practice owners (and managers) who would like to learn more about budgeting in a friendly and supportive environment with like-minded health professionals.
What the course covers:
Take some time out of your practice and get to grips with understanding your numbers, how to budget and how to interpret and manage the numbers. Lyn will guide you through:
- Preparing your own budget either based on your previous year’s accounts or your requirements of the business
- The main terms in the accounting world and what they mean to you
- The important numbers to measure
- The various tools and programmes available to make budgeting and managing money easier
- Setting actions to help you meet your budget targets
You’ll leave the workshop with:
- A clear structure to put your budget together
- A deeper understanding of what all the accounting terminology means
- A clear weekly, monthly and annual plan of which numbers you will be monitoring
- Practical ideas to better record and manage your finances
- An action plan
By pro-actively planning and managing your money you will achieve more, feel more confident and get to your goals faster!
Previous course attendees have this to say:
"As a number phobic person this day promised to be a trial. In practice - it was a pleasure - easy to understand and thoroughly well-supported."
"Successful budgeting. I really enjoyed the day. Set at a nice pace and has helped me solve a bug bear since owing a larger practice. The budgeting and accounting advice, once I have practised it, will prove invaluable."
"I really enjoyed learning how to fill in the spreadsheets. Based on last year's accounts and asking sense of them so that I can work towards making a decent profit."
Who is this course for?
Any practice owner or practice manager ranging from established clinics who may have been in business for years and not really had a budget in place, those practitioners who have a budget but want to refresh & simplify it or someone starting a private practice from scratch.
