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?

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...

When Insurance is not Insurance

by Dr Jonathan Brown | Aug 2, 2017 | Advice, Financial advice for Doctors, Insurance

Paul Fitzgerald writes for us this week on Cybersecurity and the possible effects of the new legislation that comes into effect in February 2018 Recently, I had a discussion with a medical doctor about privacy, security, insurance and other things. For this blog,...

Banking mysteries explained

by Dr Jonathan Brown | May 22, 2017 | Advice, Banking

[apss_share] In this short podcast, Dr April Armstrong discusses Banking Mysteries and how it may affect lending/borrowing capacity. Topics covered include: What is LVR? What is risk?      

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...