24 September 2024 — podcasts

Preparing your own practice — Part 1

audio available
Written by bongiorno group

Establishing a private practice can be rewarding, both personally and financially. But, before setting one up, it’s crucial to understand the various issues that might arise. In this two-part series, Ricky Caldow and Mitch McKeown, both Directors at The Bongiorno Group, discuss the common pitfalls that doctors might face by not setting up a practice properly.
 
In Part 1 of the two-part series, they explore ownerships structures, personal services income, the importance of proper legal documentation, business registration, and commercial leases.
 
This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product.


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