Are you focusing on your practice as a business? Do you truly know and understand your financial vitals? In this session Jenna from Simpkins Edwards will share ideas and strategies for those who are developing their GP practice with a commercial mindset. 

There are measures you can utilise yourselves and also work on with your accountant to; increase profitability, find ways to be more tax efficient and diversify your GP practice.

• 1.Understanding what ‘good’ management information looks like and why it’s important for building a commercially focused practice including benchmarking against other GP practices.
• 2.Limited companies can be a great option for tax efficiency - for the business and for the individuals running it.
• 3.The NHS core contract isn’t your only option for offering services to your patients; diversified services can be worth considering for both patients and the practice bottom line.