087 942 1214
Financial Clarity and profit improvement for healthcare 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 ...
- Fully booked but still not earning enough.
- Unsure how much the practice can afford to pay me.
- Staffing costs feel high but I'm not sure if they are genuinely out of control
- Pricing decisions are based more on instinct than reliable figures.
- I rely on the bank balance to judge how the practice is performing
- I receive annual accounts but don't really use the information to manage my business differently
- I wanted my own practice to have more freedom but now I feel
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.
Ways I Can Help Your Practice
Whether you want better control of costs, a clearer understanding of practice profitability or support planning the next stage, I can tailor the service to the needs of your practice.
Know exactly where your practice stands
Accurate, well-organised bookkeeping gives you a clear view of what is coming in, what is going out and whether costs are being properly managed.
- Regular transaction processing and bank reconciliation
- Organisation of bills, receipts and financial records
- Current and accurate accounts
Understand what is driving your profit
Regular financial reporting helps you understand how the practice is performing, where profit is being made and where costs, margins or pricing may need attention.
- Ongoing bookkeeping and account maintenance
- Clear management reports and key performance measures
- Commentary on trends, risks and areas requiring attention
Plan ahead with greater confidence
Focused financial support helps you assess future plans and decisions, manage cash flow and understand the likely impact of changes before you commit.
- Review of current financial performance
- Profit, pricing, cost and cash-flow analysis
- Forecasting and scenario planning
How It Works
1
Book an initial conversation
A short conversation to understand your practice, your current financial arrangements and the areas where you need more clarity or support.
2
We look at what you need
Where appropriate, I take a closer look at the relevant financial information, identify any gaps or priorities and recommend the type of support that would be most useful.
3
You receive a clear proposal
I outline the recommended service, scope and fee, so you are clear about the support you will receive and how it can help improve financial performance, decision-making and profit.
What to expect from working with Elaine and Business FiTT
Support from a healthcare business adviser with first-hand experience of running and growing an independent practice.
Better control of costs and cashflow
A clearer understanding of profitabilitiy
More confident pricing and staffing decisions
Fewer financial surprises
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