How to Manage Your GP Practice

Farine Clarke, former GP and Editor of GP and Medeconomics magazines and for the last 15 years Managing Director and Main Board Director of leading UK magazine publishing companies, London, UK Laurence Slavin, Chartered Accountant at Ramsay Brown and Partners and financial columnist for GP and Medeconomics magazines, London, UK

• Preface viiChapter 1: The business as an organism 1Chapter 2: The challenge that is staff 17Chapter 3: Basic practice accounting 37Chapter 4: Budgeting 73Chapter 5: Choosing the right operational model for the practice 81Chapter 6: Business growth 87Chapter 7: Planning for the exit 99Chapter 8: Ten questions answered 113Chapter 9: Thou shalt . . . thou shalt not! 125Appendix 1: Useful contacts 127Appendix 2: Full set of practice accounts 129Index 143

"Overall How to manage your GP practice is most useful to the established principal, but it may help to educate potential partners about some of the pitfalls of joining a partnership such as cash flow problems." (GP - General Practitioner, 25 January 2012)