Time for a financial check-up: how GPs can prepare ahead of the Budget
This article looks at the practical steps GPs can take now to prepare for the Chancellor’s announcements and strengthen their financial position.
Local councils
Economic pressures, complex legislation, cuts in funding, and the increasing need to achieve value for money. As a council, you’re probably very familiar with these challenges.
In-depth understanding and tailored advice
We can help you overcome these challenges by providing practical, specialist, and tailored advice and guidance. Working directly with your officers and councillors, we offer support with:
- shared service arrangements
- performance and efficiency improvements
- alternative forms of income generation
- internal audit services
- investment management
- due diligence investigations
Through years of experience, we understand the specific concerns of local authorities. You will have your own way of operating, which is why we tailor our services to meet your particular needs. We develop a close working relationship, enabling us to fully appreciate your aims and ambitions and identify opportunities as they arise.
Most importantly, we can work to a fixed fee to suit your budget. And you can deal with us by phone, email or in person without any additional charges.
Helping you set up shared service arrangements
The shared service model can be an effective way for local governments to react to constrained budgets. It can increase efficiencies while improving services to communities.
If you decide to go down this route, it’s important to have advisers who understand the associated financial, cultural and political complexities. At Price Bailey, we use our in-depth knowledge to guide you through the shared service process, always working towards your specific objectives.
We assess all available options, including outsourcing and joint ventures. This can involve working with senior politicians and senior management teams. Liaising with your legal advisers, we support you through implementation and help set up the most effective structure, such as an LLP or limited company. Then we provide ongoing support to meet your compliance requirements, including financial audit, tax and accounting. We can also advise on the next stages of growth, including selling services to other organisations.
We can help
Contact us today to find out more about how we can help you
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