What is your business?

by Dr April Armstrong | Aug 9, 2017 | Advice, Business, Business advice, Start-up

Identifying who you are in the market place and how your customers (patients) identify you is key in planning your business. Medical practices are not homogenous in the services they provide or the practitioners that provide them. Medical practices can adapt the...

Identifying your Medical Business

by Dr April Armstrong | Aug 8, 2017 | Advice, Business, Business advice, Start-up

Who are the business owners? In medicine practice owners have traditionally been seen as small business owners. A small proportion of these owners understand business. Most have fallen into opening a practice due to necessity rather than by entrepreneurship with...

Privacy laws have changed — 5 things doctors should know

by Dr April Armstrong | Apr 13, 2017 | Advice, Business, Medical indemnity

Earlier last year, the Senate passed the Privacy Amendment (Notifiable Data Breaches) Bill 2016 which means organisations that determine they have been breached or have lost data may need to notify affected patients as soon as they become aware of a breach and report...

Getting the best out of Practice staff

by Dr April Armstrong | Jan 27, 2017 | Advice, Business, Business advice

Your medical practice is only as good as your weakest link and staff can either make you or break you. So how do you get the best out of the staff who support you in your medical practice? We’ve put together a few tips on how to motivate and inspire your staff and...

Business Plans – the key to succeeding in business

by Dr April Armstrong | Jan 4, 2017 | Advice, Business, Business for Doctors Conference, Career, Financial Planning & Advice

  Successful businesses are rarely accidental and those that are frequently are short lived (although I will exclude Facebook from that list). Writing a marketing plan is a key aspect of a successful business.   What is a business plan? In brief a business...

Common Tax Deductions for Doctors

by Dr Jonathan Brown | Nov 30, 2016 | Advice, Business, Taxation

[apss_share] This article has been written by Brentnalls SA, Chartered Accountants and Advisors.   How Doctors can reduce their tax bill One of the simplest and most effective ways a Doctor can minimise their tax bill is by being aware of the available tax...