Financial management can be a juggling act in health care.
December 23, 2021
Whether in aged care or operating a GP clinic, there is a minimum level of financial knowledge and understanding needed by the key decision makers. A key element in making a sound management decision is to understand how it will effect financial performance. In aged care thi...
Preparing to meet the Bank.
December 17, 2021
All businesses will have some form of relationship with a bank. That may range from frequent contact throughout the year through to no more than touching base once a year for an annual review.
I have always preferred to keep quite proactive with the bank ensuring I give them...
Your exit strategy planning starts now!
January 8, 2021
Developing a robust exit strategy for the owners of a health care business starts with the realisation that one day you will want to wind down and spend more time with a fishing rod in your hand or travelling or any number of other reasons. Importantly, planning your exit sh...
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