Upcoming Events - Polish Business Link

Cost Analysis and Benchmarks for HR Services Agencies

Written by Adina Luca | 4/14/21 2:45 PM

Learn about financial benchmarks in your industry, cost analysis and breakeven points to increase the predictability of your business.

Cost analysis and benchmarks for HR services agencies - Online Workshop with Q&A

Places are limited to 10 participants to make the most of the interactive part of the session and to allow personalised responses to questions. You will receive a business control assessment prior to the webinar.

BOOK HERE

AGENDA & BENEFITS

PART I (30 mins) - Free Webinar

  1. Financial Management for Services 101
  2. Rule of 3 for your P&L with benchmarks

Benefits:

A cost benchmark for your current financial results to inform your decisions regarding:

  • Subcontracting
  • Pricing
  • Office infrastructure cost level
  • Expected profitability
BOOK HERE

PART II (60 min) - Webinar for paid ticket holders

3. Revenue structure for analysis

4. Direct / Indirect / Variable / Fixed Costs

5. Cashflow vs P&L

6. VAT and Corporate tax

7. Cashflow forecast template

8. Ltd vs Self-employed

Benefits:

  • A thorough review of all you need to know to run a successful HR agency from a financial point of view
  • Answers to questions regarding VAT, incorporation, type of costs and where they belong, and the difference between profit and cash
  • Templates for P&L and Cashflow that you can use in your business
BOOK HERE

PART III (60 min) - for VIP ticket holders, to be booked after the session

Benefits:

  • The same as above plus the following:
  • Review of current financial data format and how your reporting can be improved to monitor the ideal profitability (working together on your spreadsheets)
  • Free participation in June webinar Excel for Finance

“Adina uses her skills, experience and benchmarks to take the various data sources and to turn them into a coherent report and all done with a great sense of humour.” Bob Hughes, The Forton Group.

"Its a very insightful training. Every HR professional who runs their own business should attend this training; it will allow you to look at your business from a different perspective and improve your financial acumen. Highly recommended." Agata Mabena, HR- People First Consultancy Ltd.
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