Medical Practices

General Practitioners and Medical Specialists have a range of unique business advisory and accounting requirements.

We understand that time is something most doctors don’t have a lot of. You need someone who understands your practice and can provide specialist advice that will save you time and money.

Our team has unique insight and over 30 years’ experience which applies specifically to medical practices. This ensures we are well-equipped to help your practice improve efficiency, enhance productivity and deal with the distinctive challenges GPs and medical specialists face.

Key considerations we can assist with

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Service Trusts

We can structure your practice so the administrative tasks are carried out by a separate entity, allowing you to focus on your professional work, while ensuring the trust complies with Australian Tax Office rulings.

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Cashflow

Using our cashflow model designed to help General Practitioners and Medical Specialists enables you to keep track of business expenses, improve your competitive position and ensure profitability.

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Finance Options

Our in-house finance broker can help you with a range of options to cover the cost of premises and new equipment without dipping into your cash reserves.

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Strategic Planning

We can perform a financial health check to ensure you have a full appreciation of your practice’s long-term viability.

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Business Improvement

We can provide the tools and specialist knowledge to ensure your medical practice is running smoothly with advice for streamlining your practice’s processes.

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Bookkeeping Services

We’ll take care of the books while you take care of your patients, managing your paperwork and ensuring you remain compliant.

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Exit Planning

We help you plan ahead, partnering with you to produce wealth creation strategies to structure your income, assets and investments in ways that are tax-smart and most effective for now and into the future.

Whether you are just starting out and looking to establish a practice or you’re experiencing growth and need advice on how to expand, we can provide the specialised advice to assist you in every step of the way.

Meet our Medical Practice Specialist, Michael Purcell

Michael joined MSI Taylor as a partner in 1995. He is passionate about helping start ups and is also our franchising expert.

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Want to make better business decisions?


Book your free, no obligation consultation right now by getting in touch with us.

Michael Purcell

Get in contact with our trusted advisors today!