At Care Home Business Support Solutions Ltd, we understand that profit enhancement is at the heart of every successful business. Located in the charming town of Dawlish, UK, our expert team specialises in business management consulting, Care Home / Dom Care services, and tailored business development solutions. We strive to empower business owners to streamline operations, optimise resources, and expand service offerings if appropriate. By leveraging our industry expertise and innovative strategies, we help you navigate the complexities of the healthcare market, ultimately leading to significant profit increases and sustainable growth for your business. We know how difficult this business sector currently is but we can help you increase your profits.
Understanding your business finances is crucial to making informed choices and being profitable
To review the financial situation from a business operational side. The accountant submits the numbers but the business owner needed to understand how to make informed decisions.
A full financial review was completed. It was clear that the business owner had little financial knowledge and thought the accountant did everything. With an understanding of the business finances, identification of missing figures was completed, future planning was undertaken, over expenditure identified and decisions were made based on facts about which parts of the business were profitable and which parts were losing money. Decisions allowed every part of the business to be profitable and changes were made to ensure profitability.
The business owner had a clear understanding of the business finances, why specific areas were unprofitable and different options that could be taken to become profitable.
The business owner gained confidence in making financial decisions, action to request from the accountant and how to negotiate contract prices so that every contract was profitable. Staff were moved within the business to ensure that wages were cost effective and covered busy periods. All expenses were claimed including additional client activities. This led to large amounts of monthly income increasing which was very unexpected by the business owner. As a result the business could offer long term survival.
Telephone: +44 (0)7748 052522
E-mail: colin@chbss.co.uk
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