A new approach to maximising income
P&L ACCOUNT FOR LOCAL AUTHORITIES
Every local authority has income streams and these can make a very valuable contribution to funding service delivery.
The usual approach to managing income is to set a target for the revenue but not necessarily for costs associated with achieving that revenue. Often the costs are simply not known, properly understood or even considered.
We can build a profit and loss account for all of your income generating activities, aggregating this up for an overall P&L for income generation.
We can advise on how to maximise profits (where this is allowed), properly set prices and control or even reduce costs.
The benefits to you are a comprehensive picture for all income generating work areas and the ability to set ambitious (but deliverable!) targets for improvement, providing much needed additional revenue to support service delivery.