Our experience
Our team have extensive experience working with allied health professionals and understand what you need from an advisor.
We have helped young professionals build thriving practices as well as solid foundations for building wealth as an employed professional.
For you it is about focussing on your patients and doing what you do best, assisting them to perform at their physical peak. Our role is to support you to be both profitable and professional so that you can reap the benefits of your work with both the money and the time to enjoy it.
Advisors to the next generation
Allied health, like many professions is changing rapidly every day.
Technology is pervasive in both altering the way you attract, interact and treat patients as well as how you manage your business. We understand this. mi-fi is built on a foundation of young, enthusiastic people with an unequalled ability to manage change and understand technology’s capabilities and limitations.
For practices
Practice structure
Your practice will be the largest asset in your life. Ensuring it is well structured both now and into the future is important to ensure your More
ongoing success. We’ll tailor your practice structure to your specific goals and situation ensuring it is optimised for protecting your assets, managing your tax and growing your business. Learn more about Business Structuring.
We also understand the pain of engaging and remunerating your associates under different structures and situations. We will work with you and your associates to meet your compliance obligations. Less
Practice management
Well administered practices are profitable practices. As a hands on business (literally) the success of any Allied Health practice relies on More
you and your team being focussed on your patients. Let us take care of the financial administration of your practice through our Business Essentials Plans.
These comprehensive packages of accounting, tax and business advice give you the peace of mind that your practice is compliant and being managed effectively.
Less
Practice systems
The correct use of technology in your practice will make it more efficient and further reduce the time you spend on administration More
as well as give you greater insight into your business.
We can recommend, implement and integrate the best breed of cloud based applications into your business. Depending on your needs these may include:
✓ Billing (including HICAPS and Medicare)
✓ Bookings and calendars
✓ Staff management
✓ Client information and treatment notes
Less
For employed professionals
Contractors
As an Allied Health professional you will face a number of different employment situations and typically this will include operating as a More
contractor to various practices. These arrangements, while flexible, come with their own compliance burdens which you need to manage carefully. Failing to do so can result in unexpected tax bills and fines from the ATO.
We can help you manage your obligations as well as give you access to business and tax advice to operate effectively and profitably as a contractor.
Contact us for our specific services for Allied Health contractors.
Less
Wealth
However you are employed in the industry it is important to keep focussed on making the most of the money you earn. More
As a young professional now is the time to build lifelong wealth through good discipline and smart money management. With the right tools and advice you can enjoy the life you want with the peace of mind your future is in good stead.
mi-fi’s wealth services are designed specifically for the challenges of young professionals, helping them to start building wealth early using practical tools and advice. We help you build wealth for the long term by focusing on the basics and helping you meet your goals.
Less
Path to your own practice
As a passionate allied health professional your dream may be to start and grow a successful practice of your own. More
Starting a business is an exciting and challenging process. When done correctly it will also be highly rewarding and set you up for a sound financial future.
We have assisted many young professionals complete this process with success from setting up their business structure through to ongoing advice and support to help them succeed.
Contact us to to discuss your plans and how we can assist you.
Less