2. FINANCIAL SUSTAINABILITY 2.1 FINANCIAL STRATEGY
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2.1.1 As part of our strategic planning process, we have identified financial risks and opportunities arising from the current and likely future CHSP and Aged Care environment
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2.1.2 We have strategies in place to make sure we have sufficient cash reserves to keep operating during periods of low client engagement
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2.1.3 We have identified the client numbers we will need to keep our organisation financially viable
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2.1.4 We have identified the ideal range of client numbers to aim for
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2.1.5 The organisation has strategies to ensure a cash surplus ‘safety net’ to ensure operation during the changeover from block funding to client portability/CDC funding
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2.1.6 We have a long-term financial plan which is linked to our Strategic Plan and updated at least annually
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2.1.7 We have strategies for attracting alternative or additional streams of revenue if required
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TOTALS (add each circled number together. For example, if you circled four ‘3’s in the ‘Work Begun’ column, the total for that column would be 12). AVERAGE SCORE (Add up all scores and divide the result by 7).
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