Practice Help and Advice | BOQ Specialist

Expert tips and articles to help you grow your business

Whether you are starting a medical practice, or are already running your own practice and looking for ways to grow, our collection of expert tips and articles can help you on your journey.

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Managing your practice during COVID-19

New tax concessions from the Federal Government’s recent stimulus package can help you manage and, in time, recover from the economic impact of COVID-19.

Five tips for succession planning

Despite advising clients on their succession plans, accountants often put the needs of their own practices on the back-burner. Whichever side of the plan you sit on, we have five top tips to help you successfully plan and implement your succession.

Take advantage of the instant asset write-off scheme

The instant asset write-off threshold for small to medium businesses has been increased to $150 000. Let us take you through these current tax deductions and how to make the most of them before the end of the financial year.

Where to park cash from your business

It can be difficult to know how to consolidate all your finances to ensure any extra cash coming in is used to its best potential. Here are some of the options available to business owners.

Five tips for managing excess cash

If you've worked hard to grow your practice, there may come a time when you have excess cash, but what should you do with it?

Six tips for the new financial year

Businesses also require regular health checks and the new financial year is the perfect time to stop and assess. Here are some tips to help you plan for growth over the next financial year.

Is it time you took a break from your practice?

We highlight some reasons why a holiday could boost the health of your practice.

Is it time for your own private practice?

The dream of owning a private practice is shared by many healthcare professionals. How do you know when you’re ready to do it?

Checklist for setting up a medical practice

Setting up a medical practice can be daunting. This checklist shows what you need to decide and act on to get started.

How to be practical about your practice fit-out

While setting up your professional practice is an exciting opportunity, it’s important to get it right from the outset. Tackling the project in a holistic manner can help you get one step ahead.

How to tackle Goodwill “disruption” head on

How to tackle Goodwill “disruption” head on

It's becoming harder for mid-tier accounting firms to compete with larger, global organisations from a variety of perspectives, most noticeably on price.

Making the most of the Government's tax concessions

New tax concessions from the Federal Government’s recent stimulus package can help you manage and, in time, recover from the economic impact of COVID-19.

From growth to consolidation

You’ve grown your practice into a flourishing business. What’s next? Having sound financial structures in place ensures you maintain those gains.

Practice purchase guide for doctors

Our medical Practice Purchase Guide is a tool designed to help doctors navigate the process of owning a practice, and understand the financial options available.

Practice purchase guide for vets

Our veterinary Practice Purchase Guide is a tool designed to help you navigate the process of owning a practice that’s right for your future plans and understanding the financial options available.

Guide: How to grow your dental practice

When your existing dental practice is in a ‘growth’ phase there are several different paths you can follow for expansion. Our guide will help you quickly work out the pros and cons of each path.

How to own a dental practice

Our dental practice ownership guide is a tool designed to help you navigate the process of owning a practice that’s right for your future plans, and understand the financial options available.

The Future Series: what will the Sydney of the future look like

This series of articles, brought to you in collaboration with Health Project Services, will look at what's to come for our city and its outer regions, all with a view to help you future proof your business.

SMSF lending makes sense for medical professionals

As a doctor, dentist or vet, purchasing your own rooms through your self managed super fund can be an attractive option.

Why buy your practice through an SMSF

Purchasing your rooms through a self managed super fund (SMSF) is a common financial strategy employed by medical specialists.

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