Safeguard and Grow Your Medical Business
Taking on your own financial management as a medical professional and business owner can prove to be the ultimate juggling act. It may also mean you might overlook the most useful strategies to ensure your best financial future possible, which could lead to issues such as skipping timely tax returns, not getting the most out of salary packaging, becoming overwhelmed by financial statements and tax laws, and failing to meet your financial goals.
Having a financial advisor with expertise in the medical industry can make all the difference. Our team of medical accountants is well-versed in the specific financial needs of healthcare professionals. We provide a wide range of tailored accounting services designed to help medical practitioners achieve their desired financial outcomes.
Experienced Medical Accountants for Healthcare Professionals Armadale
Healthcare professionals play a vital role in our community. We are dedicated to helping those in the medical field reach their financial aspirations. That’s why we offer reliable, expert guidance in all areas of medical accounting.
Lawrie Carrozza, our director, has extensive experience in medical accounting. He was actively involved in designing a specialised tax and wealth education program for medical professionals. This program was first accredited by the Royal Australian College of General Practitioners (RACGP), allowing doctors to earn 40 CPD points in a single-day course.
Lawrie was also involved in creating an accredited tax and wealth creation course for the following organisations and has served as a presenter and speaker for them for almost three years:
- RACGP – Royal Australian College of General Practitioners
- ADIA – Australia Dental Institute Association
- AAPM – Australian association of Practice Management
- ACRRM – Australian College of Rural & Remote Medicine
How Can Medical Accounting Services Help?
Whether you are beginning your medical career, have been working in the medical field for over a decade, or have acquired your own medical clinic or medical practice, having access to an experienced and friendly team of medical accountants can do wonders for your personal finances and/or your business growth. Our financial advice is based on relevant, up-to-date knowledge and requirements alongside years of experience to deliver stress free guidance to put you on the right track.
Foresight Accounting deeply understands medical professional accounting and taxation issues. We know the difficulties and the goals medical professionals can have. From tax returns, tax laws and income tax, to cash flow, superannuation obligations and client billing, there are many areas in which our experienced team and financial services can help you.
We can assist you with a range of financial matters, including:
- Establishing the right tax structure, including family trusts, to ensure maximum asset protection.
- Creating your own property trust for asset protection.
- Understanding tax returns, tax deductions, and income distribution options available to contracting medical professionals.
- Maximising property and investment opportunities tailored for medical professionals.
- Helping medical professionals set up their own self-managed superannuation fund and leverage it to build a strong property investment portfolio.
Financial Services for Medical, Dental and Other Medical Services
Accounting services for medical practices and services needs to be specific to the medical industry. When it comes to the financial needs and goals of clinics and practices, Foresight can assist with:
- The practice fee base growth and internet marketing.
- Helping you find and recruit the right doctors for your practice.
- Obtaining finance to fund the purchase of your practice or units in a practice.
- Providing advice on the value of the practice or units in a practice you are buying.
- Assessing the value of your practice or units to support a successful sale.
- Guiding you on how to maximise the value of your medical practice.
- Helping you unlock the full potential and value of your medical practice.
- Helping you implement and optimise the Xero bookkeeping system for your medical practice.
Why Choose Foresight Accounting as Your Medical Accountant in Armadale
As dedicated medical accountants, our goal is to provide exceptional support, allowing you to focus entirely on patient care and the field you’re passionate about. Here’s why Foresight should be your trusted medical accountant in Armadale:
If you're looking for expert accounting advice closer to your area, we also provide medical accounting services across a range of suburbs in and around Melbourne.
Personalised Advice
Successful financial planning and management call for customised advice and strategic action. We focus on your unique goals and partner with you to help you reach your financial objectives.
We Go the Extra Mile
Our team is with you during the whole process of getting your financial future on track. With our comprehensive business accounting knowledge and understanding of the medical industry, we deliver financial advice of a high standard to all our clients, making sure no stone goes unturned.
Open Communication
When it comes to investing in your future, you do not deserve surprise fees or unexpected commitments. We provide our clients with a free, no obligation consultation and fixed fees so that you understand clearly what will be involved with all advice and financial products.
Plan with Foresight: Your Medical Accountant, Armadale
Sound financial advice is essential for every medical doctor and healthcare professional. Whether you need help with tax returns for your clinic, structuring your medical business efficiently, or planning your personal financial future, Foresight Accounting is here to assist.
FREE NO OBLIGATION CONSULTATION
Phone 1300 120 220 or book online to reserve your space!