It adds up to keep on top of numbers
As anyone in private practice will vouch, having a good book-keeper or practice manager who can focus on the numbers and necessary administration can prove invaluable.
Yet how many in the profession are making sure their back office is working in the most efficient way for their business? Susan Hutter gives her guidance on how the profession can get the most out of their office team.
One of the biggest mistakes any independent practitioner can make is to only reconcile book-keeping and other business records annually.
Letting everything pile up over a year means errors are often made and sorting these out can take ages to unravel.
And this can mean higher bills if your accountant has to get involved. Make sure as a matter of priority that administration and paperwork for your business is carried out monthly or, at the very least, quarterly.
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