Updates
Exiting your Practice – the how, when and why
Medfin e-newsHow to keep cash flowing
Medfin e-newsHealth Workforce Changes 2009
Health Workforce Changes GP's
Health Workforce Changes Dentists
Health Workforce Changes Vets
Health Workforce Changes Pharmacists
Health Workforce Changes Specialists
Buy Sell Agreements for healthcare professionals
Protecting your practice partnership As more practices become a grouping of skills, expertise and capital, what are your options to ensure the practice isn't buried with the deceased shareholder? Would your practice survive if a shareholder/partner passed away suddenly?
Buy your practice premises
Why rent when you can buy your Practice Premises?
Most small and medium sized practices do not have the funds available to purchase their premises outright. Purchasing your own premises can be a time consuming exercise. Here's a quick list of pros and cons to help you make your decision.
Common vet finance questions
Frequently asked questions - vet finance
When it comes to finance for veterinarian practices there are three common questions that Medfin's, Relationship Manager Jeremy Stagg is asked. Here's a list of those questions and Jeremy's response.
Draw Down Facilities for Optometrists
The easy way to finance a practice set-up or improvement
Looking forward to setting up or making improvements to your practice? Did you know there's a finance solution to help take the pressure of you during this busy time? Have you considered the option of financing your fit-out via a Draw Down Facility?
Leasing made simple
Finance made simple - leasing your equipment
If you are thinking of purchasing new equipment, a lease may be a tax effective option for you to consider.
Novated Leases for healthcare professionals
Tax effective car purchase The next time you are thinking about finance for a new car, why not look into the benefits of a novated lease?- A potential for income tax savings
- Possible GST savings - that would normally be incurred on car expenses
- Greater flexibility in the choice of a car, compared to a company car arrangement
- The car stays with the employee and on termination of employment can be transferred to a new employer
- A way to provide an effective increase in employees' salaries with no or minimal cost to the business
- Potentially a cost effective alternative to operating a fleet of company vehicles
- The business does not assume risk for the vehicle
- Employee vehicles are "off balance sheet"
Practice line of credit
Money up your sleeve
Owners of healthcare practices, need to borrow funds for a variety of specific reasons - to upgrade equipment, improve the waiting room, or to finance the purchase of practice premises etc.
