Health practice management is a universe on its own. In Episode 3 of our audio podcast series (Business Planning for the Private Practice) we cover this very important aspect of your business: your Operations Plan.
This is all about the daily health practice management in your business.
We started episode 1 with an overview of what you should consider when getting started with your Business Planning.
This episode is all about choosing the right strategy in regards to staff, infrastructure and technology.
Why health practice management can be challenging
With things like staff, it’s not just about numbers. This is where the human component comes into play. Not only do you require a clear vision on the amount of human resources that is needed to keep your practice going, you also need a vision on the type of people you need. And this is where your Business Plan depends on your ability to see the bigger picture. When you are clear about your objectives, your market, your unique position in that market, and your own plan for the future of your practice as a business, you’ll find it easier to attract, motivate, manage and retain the right kind of people in your team.
As we all know, motivation comes from a clear job description. So how would you expect anyone to work for you in a highly motivated way, if you, as the practice owner, aren’t entirely clear about the direction the ship is sailing in?
Our take on health practice management
Working with Doctors, Surgeons and Specialists on a daily basis, at Affluence Private we strongly believe in the “bigger picture” approach. Creating that clarity often means you might need some extra education in the field of business and finance, before you can drive your practice towards success and stability.
Please check out our previous blog articles and podcasts to learn more about effective Tax Planning, Estate Planning, Superannuation and Insurance strategies specific to your situation and your profession, and overall Financial Education for Doctors (in our online learning platform Medico CFO).
As I understand your time is extremely valuable and scarce, I am able to offer flexible meetings times, including outside business hours and during the weekend. I can even come and meet you somewhere convenient, or talk via videoconference on Skype.
My first consultation is free. I allocate up to 90 minutes to discuss your personal circumstances and to establish how I may best assist you. Where you already have an existing adviser, I would be happy to offer a second opinion. I always quote a fixed dollar fee before we start working together.
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Yves Schoof and Affluence Private Wealth are Authorised Representatives of Synchron, AFS Licence No. 243313.
The information posted is intended to be general in nature and is not personal financial product advice. It does not take into account your objectives, financial situation or needs.
Before acting on any information, you should consider the appropriateness of the information provided and the nature of the relevant financial product having regard to your objectives, financial situation and needs. In particular, you should seek independent financial advice and read the relevant product disclosure statement (PDS) or other offer document prior to making a decision.
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