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Managing your practice finances: Strategies for budgeting, funding, and business planning.Planning and budgeting for operations.

Managing your practice finances: Strategies for budgeting, funding, and business planning.:... This chapter details financial budgeting for a psychological practice. The techniques discussed here serve as the basis for analyzing funding requirements and obtaining financing. Along with a short discussion of setting goals and objectives, the chapter covers preparation of a comprehensive budget and the concepts of cash budgets, balance sheets, and flexible budgeting. Tools that practices can use to analyze differences between budgets and actual experience also are presented. (PsycInfo Database Record (c) 2022 APA, all rights reserved) http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Managing your practice finances: Strategies for budgeting, funding, and business planning.Planning and budgeting for operations.

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Publisher
American Psychological Association
Copyright
Copyright © 1996 American Psychological Association
Pages
1 –24
DOI
10.1037/10195-001
Publisher site
See Chapter on Publisher Site

Abstract

This chapter details financial budgeting for a psychological practice. The techniques discussed here serve as the basis for analyzing funding requirements and obtaining financing. Along with a short discussion of setting goals and objectives, the chapter covers preparation of a comprehensive budget and the concepts of cash budgets, balance sheets, and flexible budgeting. Tools that practices can use to analyze differences between budgets and actual experience also are presented. (PsycInfo Database Record (c) 2022 APA, all rights reserved)

Published: Aug 31, 2004

Keywords: planning; budgeting; psychological practice

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