“Partnership is the relation which subsists between persons carrying on a business in common with a view of profit.” - Partnership Act 1890, Sec 1

You may argue that GP practices are professional, rather than commercial, enterprises; but under the terms of the law, no such distinction is made. Furthermore, as the practice is the principle source for GP principal and partner income, the distinction may be unnecessary.

A successful GP practice equates to generating profitablereturns from managing professional and healthcare activities. Generating, retaining and re-investing profits, and how those profits are accounted for, is absolutely essential for those seeking to develop and run a successful practice, and Developing A Profitable GP Practice will guide you through how, and why, this is possible.

The additional financial management responsibilities placed upon a partner in a GP practice can be dismaying upon gaining your first partnership post. Unfortunately the pressure of fiscal decisions which need making upon a consistent basis in a practice is unlikely to let without being able to rely upon a solid foundation of financial knowledge.

Our CPD accredited course will help you to:

·         Understand how finance impacts on all business activities

·         Read and interpret statutory accounts

·         Use financial information, including balance sheets and management ratios, to make better business decisions

·         Better understand the concepts underpinning profit and cash flow

·         Make better informed investment decisions for your practice

·         Improve credit control and working capital management

·         Contribute fully to the budget process

In addition, the course comes packaged with an e-Learning module which will help introduce you to many of the concepts which will be covered in our profitable practice course to ease you into the subject matter on the day in question. Taking only a couple of hours to complete before your course date, our e-Learning module can help you set your targets and goals for what you want to get out of our course for your practice before you actually arrived.

At the end of the course each delegate will also be able to:

·         Keep a record of their learning experiences so that learning points can be reflected upon and referred to after the course

·         Have the opportunity to prepare a detailed Action Plan which sets SMART objectives, activities with timescales, together with the Record of Learning and Action Plan, a method of incorporating what you have learnt into your everyday practice

To book onto this course, select a date and location from the drop down list above and then click the ‘Add to basket’ button where you will be able to pay by card, cheque or invoice request.