Helping healthcare practice owners gain financial clarity and build more profitable practices
Business FiTT provides profit-focused bookkeeping and financial review for healthcare practices combining accurate digital bookkeeping set-up with insight into pricing, costs margins,cashflow and profitability
Does this sound like you?
Where are you right now?
Every practice is at a different stage. Choose the option that sounds most like where you are now.
Financial Foundations
I need to get the finances set up properly
For new practices — or established practices that want to get their financial reporting and understanding in better shape.
Outsourced Bookkeeping & Profit Support
My practice is busy, but I want it to be more profitable
For practice owners who want someone to take care of the bookkeeping and help them understand what is driving profit and how to maximise it.
Financial Analysis & Performance
I have a bookkeeper but I need more.
For practice owners who have their own bookkeeper but want to use the information to drive profit and help with business decisions.
What Financial Clarity Could Give You ...
Financial clarity is not about producing more reports or spending hours looking at spreadsheets.
It is about understanding what is happening in your practice, why it is happening and what you may need to change.
With the right financial information in front of you, you can manage the practice with greater confidence and fewer surprises.
Confidence in your decisions
Make decisions about pricing, staffing, spending and growth based on accurate financial information rather than instinct alone.
A clearer view of profit
Understand which areas of the practice are performing well, where margins are being squeezed and whether increased turnover is actually improving profitability.
Better control of cashflow
See what money is coming in, what is going out and what the practice will need over the coming months.
More time to focus
Spend less time trying to organise figures or work out what they mean, with your bookkeeping and financial information kept clear, current and useful.
How I Work
Every practice is different.
You might be starting out and need help getting the financial side set up properly. You might already have a busy established practice but feel you don’t have a clear enough picture of how it is performing. Or you may simply want someone to take the bookkeeping off your hands and give you useful insight into the numbers at the same time.
That’s why I don’t start with a fixed package.
I start by understanding where your practice is right now, what you already have in place and what you would like to improve.
1
Book an initial conversation
The first step is simply to talk.
I’ll ask about your practice, how you currently manage the financial side of the business and what you feel is working- or not working- at the moment.
You don’t need to have everything organised before we speak. In fact, very often the reason someone gets in touch is because they’re not quite sure what they need.
My job is to help work that out with you.
2
I look at what you already have
Before recommending anything, I want to understand the information and systems already available.
Where possible, I work with what is already there rather than introducing new systems unnecessarily.
Sometimes only a few changes are needed. Other times, there are gaps that need to be filled before you can get a reliable picture of how the practice is performing.
3
We decide what would make the biggest difference.
Once I understand the current position, I’ll recommend the support I think will be most useful. That might be putting stronger financial foundations in place.
It might mean taking over your bookkeeping and providing regular analysis alongside it.
Or you may already have good bookkeeping in place and simply need someone to look more closely at performance, margins, costs,and the areas that are driving – or limiting- profit.
You'll receive a clear proposal setting out what I recommend, costs and what is involved before you any further commitment required.
What to expect from working with Elaine and Business FiTT
Financial support from someone who understands healthcare practices.
I have first- hand experience of running and growing an independent healthcare practice, so I understand the decisions practice owners face- from pricing and staffing to managing costs, cashflow and growth.
My role is to make the financial side of your practice easier to understand and give you practical information you can actually use.
What practice owners say about Business Fitt
Dr. Jamie Cummins - Dentist
I was always worried about taking time off as there was no money going into the bank account. I’m delighted I know how to manage that now. I take more Saturdays off now as well!
Catriona Fahey - OT
I know how to financially plan for myself. I feel a lot calmer within my business and don’t feel that I need to book everyone in ASAP as I’m making enough.
Smith O'Mahony - Opticians
We have 3 practices and I never realise how differently they were performing profit wise. Its so much easier now to know what each practice needs individually.
Ready to talk about the right support for your practice ?
Working with Practice Owners all over Ireland
Email me at:
hello@business-fitt.com
Call me on:
087 942 1214