Australia
Lack of exit planning harmful for health industry

By Paul Copeland on 19/11/2024 09:57:35 am

Just under 35% of practice owners intend to exit their practice within the next six to 10 years, according to William Buckโ€™s leading annual 2024 Exit Smart Report. Yet over half of all practice owner respondents lack an exit plan, risking substantial sale proceeds by being unprepared. This highlights a...
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Strategic decision-making with industry specific advisors

By Belinda Hudson on 18/11/2024 12:27:36 pm

As the health industry becomes more complex, the value of having an industry-specific advisor becomes more important. The right advisor can help you make informed strategic decisions, develop comprehensive and rolling plans at each stage of your businessโ€™ lifecycle and identify unique opportunities. Finding people who understand your business and...
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Does your structure still serve you? Hereโ€™s how to assess and optimise

By Julie O'Reilly on 18/11/2024 12:04:50 pm

If youโ€™re a medical professional in private or group practice, ensuring your practice structure is optimised for asset protection, tax efficiency, and business goals is essential. Structures set up at the start of your career may not fit your current objectives, especially if your practice or partnerships have evolved. Hereโ€™s...
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Managing interest rate pressure: a guide for business owners

By Scott Harrington on 15/11/2024 11:57:28 am

With interest rates remaining higher in recent months, businesses face numerous challenges in managing the impact of the higher interest charges on their business. Understanding how interest rate changes affect your businessโ€™s profitability and cash flow is crucial for maintaining its performance and planning for the future. In this article,...
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Know your cashflow

By Scott Harrington on 01/11/2024 12:37:05 am

Cashflow is one of those things that doesnโ€™t seem to fall into the urgent category and is, therefore, often neglected until it's too late. Forecasting can be difficult, given things change quickly and the future is inherently uncertain. It requires us to make some assumptions that could turn out to...
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The CFO’s guide to claiming the R&D Tax Incentive

By Alex Zinzopoulos on 30/10/2024 12:28:22 pm

One of the key responsibilities of the modern CFO is to obtain appropriate funding for the business, this includes claiming the R&D Tax incentive. While debt and equity have always been key sources of funding, one area that tends to be overlooked is government grants. Government grants, in particular the...
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