Want to know if your practice is running efficiently?
We have expanded our services to include a comprehensive and affordable fixed-fee Practice assessment that will answer this question for you.
This report was developed to communicate an optimum medico-legal and tax structure that promotes succession planning and a value for your practice. The report highlights contemporary investment, tax and asset protection friendly arrangements.
This comprehensive report covers a practice’s medico-legal tax structures, business models, financial benchmarks and operational processes. This information is gathered during a two-day practice visit by two consultants, after which a detailed report is prepared.
What is a fixed-fee practice assessment? Our practice assessments comprise a two or more day visit to your Practice, during which time we examine your Practice from top to bottom. We look at your strengths and weaknesses and determine how you can perform better. During the visit we examine and address:
- Financial management issues (including GST compliance)
- Physical structure and layout of the Practice
- Benchmarking
- Strategic planning
- Marketing
- Human resource management and industrial relations
- Legal and taxation structures