Aesthetic Clinic Financial Analysis

Performance Review and Profitability Monitoring

Profitability is at the heart of any business, including private aesthetic clinics and medispa business models. However, many clinic owners have limited experience in finance, coming from a background in healthcare rather than corporate or business environments, making understanding the financial implications of business ownership a steep learning curve.

At AB Aesthetic Consultant Services (ABACS), we have a specialist aesthetic finance consultant, a chartered accountant, with a background as a commercial accountant and finance director for several successful national aesthetic clinic chains. They can assess your current finances and identify areas for cost optimisation and revenue enhancement to ensure financial sustainability.

No business wants to be haemorrhaging cash quicker than they can get new business turnover; using key performance indicators (KPIs) we can evaluate the effectiveness of implemented strategies to reduce waste, improve service contracts, and augment your operational efficiencies, whilst embarking on strategies for growth and increased revenue generation through repeat business and diversification.

Tracy

Profitability is at the heart of any business, including private aesthetic clinics and medispa business models. However, many clinic owners have limited experience in finance, coming from a background in healthcare rather than corporate or business environments, making understanding the financial implications of business ownership a steep learning curve.

At AB Aesthetic Consultant Services (ABACS), we have a specialist aesthetic finance consultant, a chartered accountant, with a background as a commercial accountant and finance director for several successful national aesthetic clinic chains. They can assess your current finances and identify areas for cost optimisation and revenue enhancement to ensure financial sustainability.

No business wants to be haemorrhaging cash quicker than they can get new business turnover; using key performance indicators (KPIs) we can evaluate the effectiveness of implemented strategies to reduce waste, improve service contracts, and augment your operational efficiencies, whilst embarking on strategies for growth and increased revenue generation through repeat business and diversification.

Need help understanding your finances?

Schedule a FREE call to secure a financial health check for your business.

Tracy

Need help understanding your finances?

Schedule a FREE call to secure a financial health check for your business.

Why choose financial consultancy and a performance review?

With a proven track record of streamlining processes and enhancing efficiency, the team at ABACS will analyse your finances, review your performance and revenue generation, audit your operations, and evaluate your profitability. Armed with a full MOT report on the performance of your business, we can work together to optimise and empower you to operate at peak performance.

Amanda at the computer

Following a full audit, we can create bespoke strategies to optimise your financial success in an ever-changing market. Whether implementing innovative technologies to grow your client base, increase sales, and client retention, or refining your operational workflow systems to reduce wastage, our holistic approach to operations and financial planning ensures you remain profitable and ahead of the curve in an increasingly competitive landscape.

Testimonial

“I chose to work with Amanda as she has a wealth of experience in growing & managing medical aesthetic clinics. Since working with her she has helped us change our practice for the better, develop the business and come up with solutions that have taken the business forward in growth & success, I can’t recommend her enough and look forward to our next strategy day. ”
Sara Cheeney
Pure Perfection Clinic

Understand the many areas of your business

Financial consultancy services will review and help you to understand many areas of your business finances, including, but not limited to:

  • Cost analysis and budget optimisation
  • Service/treatment pricing
  • Service/treatment portfolio viability
  • Understanding your profit and loss
  • Investment analysis
  • Purchases and assets
  • Sales analysis
  • Staff sales targets, commission, and incentives
  • Profit maximisation
  • Creating a strategic action plan for future growth with aligned key performance indicators
  • Accounting software

About our unique chartered accountant

Tracy Zelkin, our Chartered Accountant, stands apart from other aesthetic business consultants with her dynamic blend of aesthetic sector specialised knowledge in finance and operations. With over a decade of experience in financial and management roles for national aesthetic clinic chains as a commercial accountant, Tracy brings a unique perspective to the sector-specific guidance provided.

  • Aesthetic sector insight. Has a keen understanding of the intricate workings of aesthetic enterprises, unlike more mainstream financial professionals.
  • Unique operational perspective. Can craft bespoke financial strategies tailored to the unique needs of aesthetic businesses.
Portrait Photo of Tracy

What is included in a financial performance review?

A bespoke financial analysis and performance review is tailored to you and your business model. Our team of aesthetic business consultants, including a chartered accountant, will forensically review your accounts and operations to achieve:

  • A full audit and review of your business finances, budgets and liabilities – assets, expenditure, investments, revenue, profit and loss accounting.
  • Provide advice and guidance on strategies to optimise operations, reduce waste, improve turnover, and maintain and grow profitability.
  • Support packages for regular review and optimisation of company finances, against key performance indicators.
  • Understand your most profitable treatments, loss leaders etc., and provide template spreadsheets to support your pricing and treatment viability, and other financial analysis and monitoring.
  • One-to-one finance coaching and working with you to provide finance training.

Who is a financial performance review for?

Ideal for business owners who lack direct financial management experience and would benefit from a thorough review to help better understand and manage their business finances, with guidance on optimisation strategies and practical solutions and tools to increase and maintain profitability.

Contact us about our financial consultancy and a performance review.

Our friendly team would love to hear from you.

Why Partner With Us?

With financial specialist consultants who bring operational experience working within the aesthetic sector, the team at AB Aesthetic Business Consultants offer a unique proposition when it comes to giving your business finances ‘a once over’, before optimising your operations and augmenting profits.

Together, we can review your financial viability and unlock cost savings, increase revenue, and grow your business into a profit centre.