Rolling Breakeven Forecast

Unlocking what will happen in the future enables us to be in control and confident as we grow the team (in other words not stressed!).

The Business Break Even and Forecasting Spreadsheet is the key to understanding if the business will be OK in the long run as we bring on new Psychologists and Reception staff. Reception updates this spreadsheet when we can anticipate a change in revenue and profit in the business. For example:

·      When a new team member is coming on board (Psychologist)

·      When we are bringing on a new front of house team member (reception)

·      When we are noticing that the expenses in XERO have increased (Tab 1 “Welcome” is where you enter the XERO operating expenses of the last 3 months)

·      When Psychologists are increasing or decreasing their case loads (i.e., Nathan starts seeing 2 more clients per week or a Psychologist requests to see 6 clients per day to save for a wedding)

The spreadsheet will then enable us to know when the clinic will stop losing money and “break even” as well as if the business will create some profit by the end of the year. This enables us to be calm and deliberate in our growth and to see the forrest from the trees. Below is a pdf with the spreadsheet link as well as further specific training links from Clinic Mastery.