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The Price is Right! Costing Your Services

Learn about how to fully cost your services and set realistic prices so your organisation is ready for personal budgets or selling goods and services direct to your clients.

Who the course is for
Many organisations, particularly those providing adult social care, are affected by personal budgets and direct payments. There is also an increasing need for voluntary and community groups to diversify their income by selling goods and services.
This training is suitable for managers and staff responsible for income generation, marketing and/or finance.

What previous delegates have said:
"It was an interesting course and brought up a variety of costs that we had not previously considered."
"Very informative case studies. Very relevant and tailored to course participants."


Course Date: 05/02/2020
Start Time: 9.30, 9.15 Registration
End Time: 13.00
Venue: Farriers Way Community Centre, Farriers Way, Borehamwood, WD6 2TB

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Course Content:

This half day course will include:
  • How to calculate direct and indirect costs for projects, activities and services

  • The basics of full cost recovery and realistic pricing

  • Case studies (including participants’ own services)

  • Templates and resources provided to put the principles into practice



Learning Outcomes:

Participants completing this course will be able to:
  • Understand the principles and practice of costing services realistically

  • Appreciate factors that need to be considered in determining costs and prices

  • Appreciate costs that are often forgotten when calculating costs for existing and/or new activities and services

  • Put into practice what they have learnt in considering at least two case studies.



About the Trainer:

Robin Hodgkinson has vast experience of the voluntary sector over the last 20 years. Although not a trained accountant, he has been working on drawing up and monitoring budgets, developing financial procedures and using full cost recovery principles for many years.

Cost:

£25 VCS - CVS members
£35 VCS - non members
£70 private/statutory

Booking Contact:

training@communities1st.org.uk
020 3559 3559

BOOK COURSE

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