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Webinar: Budgeting for Med Spas 7-3-2019

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Description

Overview:
No one likes the word budget, but if you give budgets a chance, they can actually be very helpful in running your practice. In this webinar, Jessica Nunn, partner at Skytale Group will cover the following:

  • Set Revenue Goals - A budget will help you set revenue goals. We’ll talk about how you start with revenue drivers (revenue per hour per provider, provider hours worked) to actually set monthly revenue goals instead of just guessing.
  • Plan for Expenses - Some expenses are the same each month. Some vary based on how much revenue you’re generating. We’ll show you how to use your historical financials to estimate your expenses.
  • Create a Path - After your set your revenue expectations and then estimate your expenses, the real benefit to your budget is apparent. The task of building your budget will leave you with a clear financial plan for your practice, which will serve as your guide in making business decisions throughout the year.
  • Closing - Once you have your budget, don’t throw it in a drawer and forget about it. Compare your actual results to your budget. See where you were right. See what you should tweak. Are you meeting your goals?

Presenter:

Jessica Nunn, Partner, Skytale Group

Jessica Nunn is a partner at Skytale Group who takes pride in her experience helping business owners and their families increase their financial awareness. Over the course of her career, Jessica has built trust with her clients by making the complex simple; she delivers financial solutions that are meaningful and relevant to her clients’ lives and businesses.

Jessica launched her career in Big 4 public accounting firms preparing tax returns for high net worth business owners. Later, at middle market accounting firms, she provided financial planning, business consulting, and tax planning strategy to small businesses and their owners. Her years of experience and attentive service to her clients have been instrumental in forming Skytale Group.

Jessica earned her B.A. in Accounting and her M.S. in Finance from Texas A&M University.

Pricing:

  • Non-members: $60
  • AmSpa Basic members: $30
  • AmSpa Plus members: Free

After purchasing the webinar, you will be given access to the video. After your payment is processed, you will receive an email with a downloadable pdf. This document will give you a link to access to the video.

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AmSpa provides legal, compliance, and business resources for medical spas and medical aesthetic practices.

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