Finances 101: Budgets, Service Fees & Equipment Service Costs (2014 Scientific Tutorial)
Every good core facility director recognizes that her or his facility operates as a small business. However, most core directors are trained as scientists, not business specialists. During this tutorial we will provide a basic interactive hands on tutorial reviewing the financial management of a core facility. This will provide participants with the information they need manage equipment maintenance expenses, calculate service fees and understand their annual operating budget. It will also prepare them for successful conversations with their financial manager.
After participating in this tutorial, the student will leave with various tools including an equipment maintenance workbook to make an informed decision regarding service contract versus self-insurance. They will also have a workbook to calculate service fees and create an annual operating budget.
International Society for Advancement of Cytometry
American Society for Clinical Pathology
This continuing medical laboratory education activity is recognized by the American Society for Clinical Pathology for 1.5 CMLE credit. ASCP CMLE credits are acceptable for the ASCP Board of Registry Certification Maintenance Program.
This Seminar is presented free of charge.