Lexcel Financial Management and Business Planning Toolkit 2nd ed

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Lexcel Financial Management and Business Planning Toolkit 2nd ed

The Law Society

ISBN13: 9781784460624

Previous Edition ISBN: 9781853287466

Published: October 2016

Publisher: Law Society Publishing

Country of Publication: UK

Format: Paperback & CD-ROM (53 Pages)

Price: £59.95

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Financial management and business planning are essential to a profitable business. This invaluable Toolkit helps you to implement effective management and planning procedures that are tailored to your firm needs.

This new edition of the Lexcel Financial Management Toolkit offers updated advice on:-

Factors to consider before business planning
How to manage the planning process
Strategy post recession
Preparing budgets
Depreciation factors and impacts
Financial requirements including annual accounts, time recording, procedures for billing clients and procedures for handling financial transactions.

Plus templates including:-

Business plan template
SWOT & PESTLE analysis
Project plan template
Key performance indicators (KPIs) and measures.
Budget templates
Cash Flow Examples

All of the documents are provided on the book's accompanying CD-ROM, enabling you to customise them as needed.

Subjects:: Legal Practice Management

Contents:: 1. The Lexcel requirements for business planning and strategy; 2. Why plan? How to plan?; 3. Strategy post recession; 4. The Lexcel requirements for financial management; 5. Responsibility for financial management; 6. Budgets; 7. Variance analysis monthly or quarterly management accounts; 8. Cash flow forecasts; 9. Other financial requirements:; Annual accounts; Time recording; Procedures for billing clients and Procedures for handling financial transactions; Appendices.