Our recent article concerning the utilisation of nurses in private practice certainly promoted discussion with many of our clients wanting to revisit this with our professional team.
Ensuring you have the right financial structure in place is crucial for any medical practice.
Finance structuring may not be top of mind when it comes to maximising your practice efficiency however beneficial finance options can provide efficiencies not only for your practice but also your personal finances.
In June 2018, APNA published their Workforce Survey which revealed that one quarter of primary health care nurses thought they were under utilised and more could be done to maximise their skillset.
As most practices are reliant on a small number of practitioners to generate income, it’s worth asking the question: “If one or more of the main income producing practitioners is unable to work due to illness or injury for an extended period of time, how do we cover the fixed costs of the business?”
In the wake of an election, where it appears both parties were surprised by the results, we want to provide you some information about those last minute Coalition promises, and how they may affect you.
With an election in May; we've compared the proposed taxation and superannuation policies from both Liberal and Labor parties, and what the looming federal election outcome may mean for the future.
Tax is one of the largest expenses you have, so it makes sense to be smart about tax and not pay any more than you need to. Here are our tips to help you get on top of tax before it gets on top of you!