Does your current accountant meet your medical practice requirements?
At SFB we have a wealth of experience of the medical and healthcare sector. We act for several GP practices across Coventry, Nuneaton, Leicester, Wakefield and Hinckley, providing tailored accounting solutions that meet their specific needs.
At SFB we understand the challenges the medical profession faces. As well as providing high standards of patient care, medical practitioners must run efficient, cost effective businesses that meet Government rules and regulations.
As such, we urge doctors and practice managers to get closer to the figures and become more business minded. This is crucial for survival in a changing practice environment.
It is no longer sufficient for practice owners to have the right medical qualifications and experience. Business skills, in particular financial skills are essential to survive and prosper in times when traditional income streams are under pressure.
SFB’s specialist services for medical practitioners include:
- Annual accounts including Partnership accounts
- Budgeting and cashflow forecasts
- VAT services
- Tax returns for the business and individual partners
- Advice on practice mergers and acquisitions
- Advice on succession and retirement planning
- Business development
- Specialist help for NHS related finances
The medical profession requires tailor-made support. Our dedicated team can fully review your practice accounts and provide recommendations on improvements to make your business more efficient and profitable.