Services >
Stewart, Fletcher and Barrett are accountants with a wealth of experience working with medical practitioners. SFB urge Doctors, dentists and practice managers to get closer to the figures and become more business minded, in a bid to help them survive in a changing practice environment.
The new government plans for" liberating the NHS" will lead to huge opportunities for GPs. At SFB we will be ready to help our clients take advantage of the new plans for "equity and excellence " in the NHS.
The varied income sources, increases in competition being generated by the Department of Health, tax changes and the need to constantly try and find efficiencies in delivery mean doctors need to be able to juggle their patients alongside their business and financial matters.
SFB advise a number of practices across Warwickshire and the West Midlands and we have witnessed a dramatic shift in the market place for medical practices. It is no longer sufficient for practice owners to have the right medical qualifications and experience. Business skills, in particular financial skills are absolutely crucial to survive and prosper in times when traditional income streams are under pressure.
The annual accounts are totally different from any other organisation and income depends on how accounts are presented. It is essential medical professionals use professional advisers are specialists. At SFB, we have helped a number of clients facing these new challenges, from those merging with other practices to those struggling to prepare reliable management information.
SFB are offering a free no obligation financial health check, which is a full review of your practice accounts with recommendations on improvements you might make in financial management and reporting. To arrange this please call us on 024 7638 4171.