Full Business Diagnostic

Helping you plan for the future

Full Business Diagnostic

Helping you plan for the future

Rather than using generic steps our emphasis is based on your position and need — do you own a single practice or a group? We’ll ask for at least two years of financial records to begin our forensic analysis so that we can see how profitable your associates are and chart other Key Performance Indicators.

HOW IT WORKS

This will set the direction and tone of your business, leaving you with a vision and strategy for the next three to five years.
Our analysis covers three areas:
Our analysis covers three areas:
Your business model
InvestmentYour financial arrangements
Your marketing

Your business model

Your financial arrangements

Your marketing

Our research might take us in a direction you hadn’t anticipated. Once we have the numbers we will:
Our research might take us in a direction you hadn’t anticipated. Once we have the numbers we will:
Flush out and agree your business goals
Analyse your marketplace (demographics/competitive set)
Evaluate your current marketing systems
Break down and re-engineer your financial model in line with your goals and marketplace
Analyse your leadership and team dynamics

Flush out and agree your business goals

Analyse your marketplace (demographics/competitive set)

Evaluate your current marketing systems

Break down and re-engineer your financial model in line with your goals and marketplace

Analyse your leadership and team dynamics

Our INSIGHT

“A practice owner intent on growing their business might be focusing on their new patient numbers, which look healthy, and feel that their growth plan is on track. But perhaps their EBIT (earnings before interest and tax) tells a different story. Yes, the business is growing but it is haemorrhaging money at an unsustainable rate. The owner, in reality, should reassess their business model and costings immediately otherwise the business will grow from £1m to £2m turnover with no profit growth.”
Hayley Robins, Senior Accountant at Hive Business.

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