iQ Practice Business Planner
The simple, accurate way to produce professional financial and management plans iQ Practice Business Planner has been produced with the collective experience and knowledge of leading Practice Managers who realise this is one of the most important topics in the Competency Framework. The result is two specific parts, with a series of specialist topics in template document format which guide you through the whole process.
1. The Practice Development Plan Documents has two sections :
a) A fully completed specimen plan for a hypothetical Practice which provides guidance in compiling your Practice plan. The sample content in these documents can be pasted into your plan and edited if you wish. You can also insert new topics and delete or amend existing ones to suit your requirements. Finally, you can insert images, logos and charts.
b) A blank master template which allows you to produce your Practice's own development plan, totally customised to suit the Practice's individual requirements.
2. The Practice Financial Information Spreadsheets comprise two sections :
a) A fully completed specimen spreadsheet for a hypothetical Practice has been produced to assist you in compiling your Practice's Financial Planning documentation, including the following :
Assumptions answer 3 simple questions to set up the date/month and VAT format of your Financial Plan
- Worksheet 1 – Practice Income
- Worksheet 2 – Practice Expenditure
- Worksheet 3 – Partners' Drawings
Incorporates a facility to insert new headings and amend/delete the default headings Simply enter your data in the appropriate cells – all calculations are automatic
- Income & Expenses Statements
- Cash Flow Statement
- All calculations are automatically compiled from the data you have previously entered Cash Flow Statement
b) A blank master template for you to produce your Practice's own Financial Planning spreadsheets by completing the set–up configuration and inserting the appropriate amounts.
