Boost your bottom line with our proprietary business X-ray that includes a detailed action plan, designed specifically for your situation and goals.
Venta specialises in the medical and health industry and will help you eliminate the guesswork and struggle attached to your finances. We will pinpoint your weaknesses... and provide clarity on exactly what actions you need to take to fix them.
If you run a Medical Business and you’re wanting an accounting firm who won’t just keep you compliant with the ATO, but will proactively help you stay on top of key financial metrics that will enable better and quicker decision making so that you can grow your business, increase profits, and save on tax - then we’re glad you’re here.
As you know, running a small healthcare practice isn’t easy.
Your time is precious, and you have to juggle your workday between helping patients AND growing your business.
The two are completely separate things. It’s stressful and complicated to do both properly, which often results in burnout.
A good accountant should always be a part of your core advisory team that can help you avoid burnout, and create a better, more profitable business.
We use our expertise in accounting, bookkeeping and tax planning to help our clients create a business that is less stressful and more productive.
Our Story
Venta are not just number crunchers keeping you compliant with the ATO. We’re specialists in helping medical professionals use bookkeeping and tax planning strategies to:
Boost profits
Provide clarity on key numbers to make important decisions for growth
Minimise tax
Protect your assets
Grow your business
In short, we’re your partners to help you grow your medical business. And we make it incredibly easy to switch from your current accountant over to us. We guarantee it will be a seamless transition for you.
With over a decade of experience, we understand the unique problems many clinics face. This includes the specific areas you can and can’t claim, as well as common cash flow and profitability killers many clinics run into.
Venta has been a great help to our business. They are knowledgeable, approachable and quick to respond to all our queries. We highly recommend them.
Ruby Tan
Alex and her team at Venta Belgarum Associates have proven to be one of the most professional and courteous Accounting firms I have ever dealt with. I highly recommend utilising the vast experience and knowledge that Alex can bring to your financial position.
Michael Carmody
Reviews
Pre-x-ray, Hudson’s clinic was turning over $4.1m, and he wanted to grow to $6m.
In 12 months of working together we helped him hit 5.5M, falling slightly short of our ambitious goal only because a key acquisition to expand the business was not made.
The rainy day fund has achieved its target of $1.5m.
We undertook quarterly meetings with Hudson delivering reporting which showed performance over the quarter, measuring key metrics against set KPIs. This gave the client the opportunity to review spending, specifically areas where expenditure seemed higher than expected.
The purpose of the meetings was to allow Hudson to make better decisions in real-time to keep on-track with achieving goals.
Meet Hudson
Our Team can help with:
Strangely, we know and love income tax law! Our team of tax specialists are here to provide you with their expert and insightful solutions tailored to your business and your unique circumstances.The right advice can help you with business structures, asset protection, tax incentives and much more.
Going beyond ‘check-box’ services like management reports and annual financial statement, our experience and expertise can be put to good use in helping you with cash flow forecasting, budgeting, succession planning, acquisition advice and much more.
Nobody likes paying more tax than they have to. By partaking in our Tax Optimisation Strategy Service (yes, we know it shortens to ‘TOSS’!) our experts can help you to effectively structure your tax obligations to ensure you only pay exactly what you need to and plan for the future.
Our bookkeeping service is a vital part of any business staying up to date on key financial metrics and ensuring they’re accurate, so that you can make better decisions, quicker.
Preparing and lodging your quarterly BAS and annual tax returns is a time-consuming (not to mention boring!) task. That being said, it’s important to stay compliant. Partner with us at Venta Belgarum Associates and we’ll take the worry and confusion away, looking after everything needed to keep you in the good books of the ATO.
Who we help:
We love working with people in the healthcare field, some of the professionals and clinics we help include:
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Doctors & GPs
Anaesthetists
Dentists and Orthodontists
Pharmacists
Physiotherapists
Podiatrists
Surgeons
Psychiatrists
Optometrists
Radiologists
Chiropractors
Urologists
and more...
Increased their profits over 100% within 12 months of working with us
PVD Physiotherapy increased their profits over 100% within 12 months of working with us, where we helped advise on:
> When to buy new equipment
> when to hire staff
> how to manage their cashflow during a fast growth period where they have doubled their profits and their headcount.
We used the business x-ray process to help PVD Physiotherapy identify their goals for FY22 and the priority areas needing focus to help them achieve their goals.
PVD wanted to control more of the work themselves and use us as a guide to help them with their BAS preparation when they needed it, implementation of Xero and adhoc meetings to discuss topics such as cashflow, staff recruitment, asset purchases and the like. We were able to tailor a package to suit their needs whilst still helping them to focus on the priority areas to grow their business.
PVD Physiotherapy
Our Business X-ray And Action Plan will include a thorough audit of your business financials, and includes a fully customised action plan to help you achieve your goals.
Book a call with one of our directors and together we will:
Set realistic, but achievable, goals for your business (and discuss how you would like your accounting team to support your growth and accomplish these goals).
Identify the gap between where you are now, and where you’d like to be in the future
Conduct an audit on your key financials, and pinpoint weaknesses that need to be addressed (we go through everything with a fine-toothed comb to identify as many opportunities as possible).
Plan the monthly and quarterly rhythm required to stay on top of key performance indicators (including the crucial systems and processes needed to improve them).
Setup real-time tracking (so the key metrics are visible and can be used to make important decisions or quick adjustments).
