Each structure has its own benefits and limitations, so it is vital to choose one that meets your needs and adheres to ATO guidelines while producing tax benefits.
Choosing the wrong structure can make a significant difference to your wealth and financial security.
We can help you
- Decide on the most suitable medical practice business structure – sole trader, partnership, trust, SMSF or limited company
- Establish and implement your medical practice business structure
- Help prepare a business plan, cashflow projections, budgets, and trading forecasts
- Assess your finance requirements, advise on the best sources of finance and draw up the necessary proposals
- Establish a good working relationship with your bank
- Register for an ABN
- Complete registration with the Australian Securities and Investments Commission
We have built a specialist network of professionals to assist you in all areas of establishment and successful medical practice management. When your needs are outside our inhouse expertise we can introduce you to experts that we know and trust in the areas of legal advice, IT, virtual practice management and more.