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Work Matters: Finance
Nursery World,
28 February 2008
Lynn Bryden is business and finance support officer at Sure Start Strategic Partnership Tyne & Wear (www.northyneside.gov.uk).
It is essential to plan and tightly manage your financial performance. In North Tyneside we've piloted a system of Business Health Checks to support settings in monitoring financial trends. The check consists of a series of indicators that assist owners in monitoring performance systematically, by collecting data for each indicator on a monthly basis. This is recorded against the result for the previous months, thereby identifying trends and allowing remedial action to be taken before anything escalates to crisis point. The main indicators,...
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