If you were to sit back and look inward at your practice and ask yourself, how is this all going? Am I going ok? Is this practice sustainable? Is this practice growing too fast, too slow, or just right? - How would you answer? Do you know how your practice is performing each month? Is it getting better, worse or staying about the same? If you can’t answer this, I think you need to spend a bit more time (just in your spare time is fine!!), looking inwardly toward your practice and start to find the measures that help you answer questions about the performance of your practice.

Published in News
Monday, 18 July 2016 21:28

Are your books a mess?

I have been working hard this week ensuring all my financial information for my practices are up to date and everything is in order.  It is an important step each year that I go through and I recommend we all stop at this time of year and review our accounting practices!  Are you efficient in your use of bookkeeping time?  Are you checking to ensure your financial data is in order? Do you have a financial mess?!

Published in News
Monday, 22 February 2016 16:24

Getting comfy with your numbers

Last year I shared how it’s difficult sometimes as an allied health professional as we don’t necessarily learn the financial aspects that are required to run a service, or run a business. Today we continue our learning...

Published in News
Tuesday, 09 February 2016 00:00

Creating a debt collection system

Debt owed to you from clients or stakeholders such as insurance companies, can put a large hold in your cashflow.  Good cashflow gives you the ability to pay your expenses on time and meet your obligations.  This webinar covers How to prevent bad debts from occuring, How to plan your debt reduction policy to ensure your money is being received, How to collect outstanding balances and Tips for when people don't pay or are late paying.

Published in Past Webinars
Tuesday, 08 December 2015 07:51

Looking at more than the bottom line

It’s difficult as an allied health professional as we learn how to be clinicians and practitioners but we don’t necessarily learn the financial aspects that are required to run a service, or run a business. I am by no means a financial specialist so the information I share here is not financial advice; it is more about presenting things for you to think about, words to know, and questions to ask when talking with your accountant, bookkeeper or financial advisor.

Published in News
Saturday, 27 September 2014 16:22

Have you got the best accountant in your corner?

How many of you have an accountant? Are you aware of the role your accountant plays in helping you run your service or practice? As in any field of service delivery there can be great accountants and there can be okay accountants, just as there can be great therapists and okay therapists. What I want you to question is whether you feel you can tick the box saying you have a great accountant. Let’s have a look at what an accountant should do for your practice.

Published in News

I don’t know about anyone else, but the EOFY (end of financial year – I know, I didn’t know that either when I started in business, so don’t feel silly) was a busy time at our practice. Students, stock take, reconciling accounts, and then of course I went and took a holiday right in the middle. If you are an employer like me, there are a few important things you need to ensure you do swiftly following the end of financial year. Here is a run down of what you should take account of... now!

Published in News

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