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Published byAmie Lynch Modified over 9 years ago
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GRANT FUNDING & PERSONAL BUDGETS
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GRANT FUNDING Limited number of customers Referrals 1-2 year Service Agreement 3-6 month statistics Annual Review Limited Sales activity Stability
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PERSONAL BUDGETS Multiple customers Self Referral Short term contracts Individual reviews Constant sales activity Uncertainty
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TRANSITION Not a clean cut-off Multiple customers with different financial arrangements Multiple contractual arrangements Semi-certainty
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CUSTOMERS Self funders with a DCC Personal Budget Self funders without a DCC Personal Budget Grant Funded clients Non DCC Grant funded clients
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FINANCIAL ARRANGEMENTS Personal Budgets - Clients who pay through a third party - Clients who pay direct Self Funders Grant Funding - DCC/PCT: 6 mthly payment based on satisfactory returns - Whatever the conditions of the grant making body stand
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HOW DO YOU MANAGE THIS? Change: -attitude -systems - assume churn Quality: -do not sacrifice it
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ATTITUDE Sales orientate -Know your product/service -Decide on your channels -Know your prices -Customer care
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SYSTEMS Customer approach Closing the sale Induction Customer care Finances
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FINANCE DO NOT CROSS – SUBSIDISE Invoice on time Credit Management Do not sit on your laurels
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