Accountants for Alternative Health Practitioners
A Different Way for Alternative Health Practitioners to Approach Their Business Accounting
Complementary health is about gentle, non-invasive solutions for life’s common ailments. Yet nothing could be further from this than Australian Tax Office demands for business tax compliance. At Platinum Accounting & Taxation we provide you with an alternative way of managing the numbers of your business. We want to make one of life’s most irritating aspects of doing business as pleasurable as we can. You see, we are more than just accountants. We’re a power of strength and expertise when you need us.
But of course, there’s a lot more to running a successful business than just bookkeeping and tax compliance. At Platinum Accounting, we help you look at the numbers and discover the truth about how your business is performing. We teach you how to interpret the meanings behind the numbers, and we share critical information with you that will help you rapidly move your business forward – from ‘ticking over’ to becoming a rising star.
I Am Just Starting Out – What Do I Have to Do?
As a starting point, you need to ensure your business is set up in the right business structure, appropriate to your needs. You also need to maintain accurate financial records for your business. This is the foundation of any good business. Accurate bookkeeping is a necessity, particularly if you’re GST registered, and a valuable ally in case the Australian tax office comes knocking. Our ‘alternative accounting therapy’ helps you set up your accounting systems correctly if you cannot afford a bookkeeper in the early days of business. We do encourage you to use a cloud-based accounting system, such as Xero or QuickBooks Online, where we can access and review your data at any time for a quick financial health check. Then we can recommend solid strategies about what to do based on the current and predicted trends we glean from your business data.
I Have My Systems in Place – Why Do I Need You?
We’re more than just standard number crunchers. We are seasoned business consultants who specialise in both business taxation and marketing strategy (and yes, we have the degree qualifications and years of experience to back it up!). If your business is already up and running, you’ll benefit from our business experience and expertise as well as having us as a sounding board for common concerns such as:
- Is your business structure still appropriate for your needs and business goals, do you have a succession plan if you lose a member?
- Could you simplify your business processes to take less of your time, so you have more time for marketing and other business growth activities?
- Are you sufficiently hands on with your budgets and cash flow; are you really in control of your business?
- Do you have sufficient, top-level financial information to make the right decisions and achieve your Key Performance Indicator (KPI) targets?
- Are you planning for tax, or begrudgingly dealing with tax assessments after the fact?
- What steps should you be taking now, to make your business more attractive when the day comes to sell?
With so many questions, you probably don’t have sufficient time for them in the midst of running an Alternative Health Practice. Get in touch with Platinum Accounting & Taxation to diagnose the state of your business.
Which Alternative Health Therapy businesses do you work with?
We work with a range of different alternative health therapists including:
- Massage therapists
- Exercise physiologists
- Traditional Chinese Medicine (TCM) practitioners
- Naturopaths and homeopaths
The Ins and Outs of How We Operate
We chose the components of our service carefully, so they add genuine value to our clients and their businesses. We know exactly what business owners want and, more importantly, what they need.
We’ve created affordable monthly fee-package options for accounting, bookkeeping and business coaching to suit the needs of your business – no matter how new or advanced your business is. You can view our selection of service offerings here. And, if you can’t find exactly what you’re looking for, we can create a custom package tailored to your needs.
Our monthly payment plans provide extra peace of mind, so your alternative health practice gets the priority it needs and deserves.
An Osteopath in Melton, Melbourne requiring accounting and tax services?
A Massage Therapist in Melton, Melbourne requiring accounting and tax services?
A Chiropractor in Melton, Melbourne requiring accounting and tax services?
Call us on 03 9746 6479 or book online to arrange a meeting with our accountants at our Melton office (thirty-five kilometres west of Melbourne).