Safeguard and Grow Your Medical Business
Juggling financial management as a medical professional and business owner can be incredibly challenging. Without the right approach, you might overlook essential strategies that safeguard your financial future, potentially leading to late tax returns, missed salary packaging benefits, confusion over financial statements and tax laws, and setbacks in reaching 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 Glen Iris
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.
Our director, Lawrie Carrozza, has a wealth of experience in providing medical accounting support. He assisted in creating a tax and wealth education program for medical professionals. This was first accredited with the Royal Australian College of General Practitioners (RACGP), earning doctors 40 CPD points for a one 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?
From early-career medical professionals to seasoned practitioners and medical clinic owners, the right financial support can make all the difference. Our team of expert medical accountants offers personalised advice based on the latest industry knowledge and years of experience, helping you manage your finances and grow your business with ease.
Foresight Accounting specialises in the unique financial needs of medical professionals. We understand the challenges you face and the goals you strive for. From navigating tax laws, income tax, and superannuation obligations to managing cash flow and client billing, our expert team provides the tailored support you need.
Areas where we can provide support include:
- Creating the correct tax structure, such as family trusts for maximum asset protection.
- Setting up a property trust to enhance 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.
- Guiding medical professionals through the setup of a self-managed superannuation fund to strategically develop a solid property investment portfolio.
Financial Services for Medical, Dental and Other Medical Services
Medical practices require specialised accounting services designed for the healthcare sector. Foresight offers tailored financial solutions to help clinics and practices 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 professional valuation advice for the practice or practice units you are looking to acquire.
- Undertaking valuation of the practice or the units you are selling.
- Guiding you on how to maximise the value of your medical practice.
- Supporting you with strategies to maximise the worth of your medical practice.
- Assisting with setting up Xero bookkeeping system for your medical practice.
Why Choose Foresight Accounting as Your Medical Accountant in Glen Iris
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 Glen Iris:
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
Financial planning and management are areas that require tailored guidance and action. We consider your goals and needs and work alongside you to help you reach your target outcomes.
We Go the Extra Mile
Our team is by your side throughout the entire journey of achieving financial stability. Combining our extensive business accounting expertise with specialised knowledge of the medical sector, we offer top-tier financial advice, leaving no aspect overlooked.
Open Communication
Your financial future should be built on transparency, not hidden fees or unexpected commitments. That’s why we offer a free, no-obligation consultation and fixed fees, ensuring you have complete clarity on all advice and financial products.
Plan with Foresight: Your Medical Accountant, Glen Iris
Every medical doctor and other medical professionals deserve sound, comprehensive financial advice. Whether you require guidance to prepare tax returns for your medical facility, assistance in developing the most suitable tax structure for your medical business, or advice regarding personal finances and goals, Foresight Accounting is here for you.
FREE NO OBLIGATION CONSULTATION
Phone 1300 120 220 or book online to reserve your space!