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Why Business Succession Planning Makes Sound Business Sense

Why Business Succession Planning Makes Sound Business Sense

by BFD Financial Planning | Sep 2, 2024 | Advice, Business advice, Financial Planning & Advice

It is easy for involved business owners, to focus so much on day-to-day affairs and activities centred on growing the business that you overlook the possibility that certain circumstances might change! For one, things are bound to get more complex as the business...
What Summer Means to Me

What Summer Means to Me

by Dr April Armstrong | Dec 1, 2017 | Advice, Business advice, Uncategorized

Its December 1st and the festive season is bearing down on us. So are the long hot summer days. As an Australian business owner I often view the changing of the seasons as an opportunity to reflect. Summer adds a special touch to business ownership with multiple...
Why Should You Take Risks?

Why Should You Take Risks?

by Dr April Armstrong | Aug 11, 2017 | Advice, Business advice, Insurance

Shaun Clements from North of River Financial explains how a financial planner views risk. What is Risk? As a financial planner, the concept of “Risk” is one that is front of mind every time I speak with a client. Let us for a moment take away the...
What is your business?

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

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...
Getting the best out of Practice staff

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...
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