Budgeting

by noora on 15 Apr, 2008 in

I've looked at the budget you put together for the new programmes. Was wondering, do subcontractors need to put something as detailed together?

by Daniel on 15 Apr, 2008

Not precisely, no. You'll need to know the cost of the service you're going to provide, and agree approximate volumes with the prime contractor. If you know what proportion of the target group would benefit from your services, and what impact your services would have on job entry, then you'd potentially make marketing yourself a lot easier. And remember, the JSA client group is going to change significantly:

  • Both 18-24 and 25+ age groups will start at one year
  • Lone parents who were previously on income support will move onto JSA if their children are over 7
  • Employment Support Allowance is designed to allow about a third fewer people onto the benefit. The 'walking wounded' will be offered JSA
  • The retirement age for women is being raised to 65, so there'll be a small increase in the number of older female JSA claimants

If you need to figure out how many JSA claimants would have need of your services, get in touch and we can do some analysis.The prime contractors will obviously be doing their own analysis along the same lines though, so all is not lost if you don't put one together.

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    [subject] => Not precisely, no. You'll
    [comment] => 

Not precisely, no. You'll need to know the cost of the service you're going to provide, and agree approximate volumes with the prime contractor. If you know what proportion of the target group would benefit from your services, and what impact your services would have on job entry, then you'd potentially make marketing yourself a lot easier. And remember, the JSA client group is going to change significantly:

  • Both 18-24 and 25+ age groups will start at one year
  • Lone parents who were previously on income support will move onto JSA if their children are over 7
  • Employment Support Allowance is designed to allow about a third fewer people onto the benefit. The 'walking wounded' will be offered JSA
  • The retirement age for women is being raised to 65, so there'll be a small increase in the number of older female JSA claimants

If you need to figure out how many JSA claimants would have need of your services, get in touch and we can do some analysis.The prime contractors will obviously be doing their own analysis along the same lines though, so all is not lost if you don't put one together.

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by WakingDragon on 29 Apr, 2008

I'd add a bit more to Dan's comment. Everyone in life is lazy so make it easy for them...

1. A clear step-by-step process for what you will do with a claimant
2. Volumes you can work with, conversion rates and prices
3. Resources that will be involved and premises

Any decent prime contractor should be checking your organisations financial capability, so don't bite off more than you can chew.

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    [comment] => 

I'd add a bit more to Dan's comment. Everyone in life is lazy so make it easy for them...

1. A clear step-by-step process for what you will do with a claimant
2. Volumes you can work with, conversion rates and prices
3. Resources that will be involved and premises

Any decent prime contractor should be checking your organisations financial capability, so don't bite off more than you can chew.

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by Daniel on 30 Apr, 2008

Agreed! Thanks for the advice. Also, be aware that mass mailing prime contractors might get you on their list of people to look at, but if you're not specific about where you operate up front then you may never reach the bidder handling your area.

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Agreed! Thanks for the advice. Also, be aware that mass mailing prime contractors might get you on their list of people to look at, but if you're not specific about where you operate up front then you may never reach the bidder handling your area.

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