Running a practice

Everything you need to know about starting and growing your business 

Discover everything you need to know about running a succesful medical practice with expert tips on how to start and grow your business.  

Turning expenses into profits

Managing key aspects in your veterinary clinic can help you build a sustainable, profitable practice.

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Looking to build a better general practice?

Assess your practice business risks today with a 60-second survey from Bstar.

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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. 

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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.

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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.

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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?

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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.

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Prepare to return to a new normal

Taking advantage of new tax concessions from the Federal Government’s stimulus package could help you manage the economic and health impact of COVID-19 for your practice and your patients.

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Is it time you took a break from your practice?

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

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Time to upgrade

Thanks to beneficial government tax incentives, there’s never been a better time for veterinarians to upgrade their equipment.

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Why now is a great time to buy or upgrade dental equipment

Supplier promotions and government initiatives can make investing in new equipment an attractive option.

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Right time to buy

Current government incentives could make it the perfect time to purchase new equipment for your practice.

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Investing in the future

The speed at which medical technology advances means it’s more important than ever to remain ahead of the pack.

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Keeping the cash flowing

To ensure strong cash reserves for the year ahead, medical professionals need to be on top of their planning now.

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Goodwill and practice ownership

When you buy a practice, it’s not enough to just run your eye over the numbers—you have to unravel the mystery of goodwill too. 

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Room to move

While it’s true that COVID has wreaked havoc on the medical and dental fit-out market, leading to delays and higher costs, it’s also true that it’s easier managing these difficulties thanks to help from BOQ Specialist.

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Breathing space

Thanks to COVID lockdowns, medical and dental equipment shortages and long delivery times are still causing headaches. Fortunately, BOQ Specialist can help relieve some of the financial pressure involved.

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  • Important Information

      Any information is of a general nature only. We have not taken into account your objectives, financial situation, or needs when preparing it. Before acting on this information you should consider if it is appropriate for your situation. BOQ Specialist is not offering financial, tax or legal advice. You should obtain independent financial, tax and legal advice as appropriate.