Business and Finance for Doctors

Mike Deegan helps doctors set up finance for their private practice. In this series we talked about the dos and donts. In this episode we highlight the link between your choices in this area (finance) and the other aspects of your business planning.If not implemented correctly, your choices can have serious consequences. Mike talks about the importance of a "holistic" approach, and the importance to involve your various advisers when you commit to a finance product. Mike Deegan is the principal of Do Financial in Perth: http://www.dofinancial.com.au For more podcasts head to www.affluenceprivate.com.au   

How often do you review your Finance when you have obtained a loan to start your own practice?Our guest expert on this episode of the mini-series is Mike Deegan, expert in Finance solutions for the medical profession. At Affluence Private Wealth we love to invite other experts to share their knowledge in regards to Business for Doctors.  There are dozens of high quality audio and video podcass on our website: http://affluenceprivate.com.au/podcast-financial-planning-doctors-surgeons-specialists/    

How do you go about organising Finance to set up a private practice? What are the obstacles and pitfalls to look out for? And how do you balance out what the lenders tell you...and what is good for your business?Mike Deegan shares some of the insights he gained working primarily with Australian doctors, elaborates on how the 3Cs apply to doctors and how you can streamline the process of obtaining finance, without losing sight of the bigger picture. At Affluence Private Wealth we pride ourselves in providing unbiased business and financial advice to Australian doctors, and it's always a pleasure to invite other experts in and ask them to share some of their golden nuggets of good advice. For more podcasts (audio and video) on the topic of Business Advice for Doctors, check out http://affluenceprivate.com.au/podcast-financial-planning-doctors-surgeons-specialists/    

In our series of podcasts on Finance for doctors, we asked finance specialist Mike Deegan to give us 5 tips in regards to finding and putting in place finance.Finance for doctors comes with a number of complexities, and over the years, Mike Deegan and his business Do Financial were able to fine-tune their own best practices and gather the right experience to help their clients make the best possible decisions in this area. At Affluence Private Wealth we specialise in Business advice for doctors, and we love to invite other aligned experts to tap into their expertise. For more podcasts, head to http://affluenceprivate.com.au/podcast-financial-planning-doctors-surgeons-specialists/    

Welcome to the Money Talk Podcast series. In the next 5 episodes we will be covering various aspects of Finance for Doctors, and more specifically if you are planning to set up or expand your private practice.There are a number of specific pitfalls and best practices to do this right, and at Affluence Private Wealth we love to bring in other experts and ask them to share their knowledge with us, and with you. So in this episode we talk about the position of the Finance Broker. Our guest is Mike Deegan, principal at Do Financial and primarily working with Australian doctors, in the field of Finance.  The interviewer is Kris Borgraeve, health industry journalist and communication/marketing expert at Digital Practice.   For more audio and video podcasts, head to our website http://affluenceprivate.com.au/podcast-financial-planning-doctors-surgeons-specialists/        

In this podcast episode we are joint by Dr Jeff Livingston from Irving, Texas in the US. Intrigued by his thousands of Twitter followers, we wanted to know he managed to grow his practice from a small operation with 4 people, to a clinic with up to 20 jobs now. Starting out as an obstetrician, he's now also offering pediatrics and uro-gynecology under the same roof. Reporter Kris Borgraeve asked him how important this diversification has been, in the business growth process for MacArthur ObGyn. To learn more about Dr Livingston's business, check out his online presence: http://macarthurmc.com Twitter: @macobgyn or https://twitter.com/macobgyn Facebook: https://www.facebook.com/macobgyn  

In this week's episode of the "Money Talks" podcast, we ask Chicago based plastic surgeon Dr Clark Schierle how he chose the niche he currently works is. We're also curious to hear if the business potential of plastic surgery actually influenced that choice. And we touch on the topic of Business Education. Do American Doctors have more business genes when it's about looking at their practice purely as a business?   Interview by journalist Kris Borgraeve. To follow Dr Clark Schierle on Twitter: @DrClarkSchierle

This is the final episode of our series around Business Planning for the Private Practice. As a Doctor, you may lose track of the business aspects of your practice, and we have covered the various components of your very important Business Plan in our series. In this episode we stitch it all together, so you can start designing the future of your practice with the right information at hand. If you're interested to educate yourself even more in this field, please check out www.medicocfo.com.au. Yves Schoof is the host of a package of accredited online training videos, helping you to become your own CFO so you're totally in control of your practice. To check out Yves' practice (based in Perth, Australia), please visit www.affluenceprivate.com.au.

Kris Borgraeve interviews Financial Adviser Yves Schoof on the topic of Financial Management for your Medical Practice. This is Episode 6 of a series of 7 episodes, designed to help you find your way around the business aspects of setting up your own practice. Yves Schoof is a leading educator in the field of unbiased financial advice for Doctors, and the Principal of www.affluenceprivate.com.au. He's also the author of a book "Your Financial Health Matters", and the host of a series of online videos in the MedicoCFO accredited online education package. For more information please visit www.affluenceprivate.com.au or www.medicocfo.com.au

This series of 7 audio podcasts is built around interviews with Award Winning Australian Financial Planner Yves Schoof, who works with Doctors, Surgeons, Specialists and Owners of a private practice.  This episode covers the importance of future planning. Whatever the stage of your practice is, planning for the future with a "smart" plan is very important for your peace-of-mind. For more educational content please follow us and click the social media icons on www.affluenceprivate.com.au.

Today Financial Planner Yves Schoof reverses the roles and isn't the interviewee. He is the interviewer in this episode of our 7-part-series on Business Planning for the Private Practice. Yves talks to Kris Borgraeve of www.digitalpractice.com.au, the digital marketing agency for Doctors and Private Practices in Australia.  In this episode, we discuss the importance of your Communications Plan, your Brand Positioning Plan, and your Digital Marketing Plan when operating your medical practice.

Business Planning for Doctors is a series of 7 audio podcasts with Award Winning Financial Planner Yves Schoof. This episode covers the Operations. Kris and Yves talk about the importance of putting in place a solid HR strategy, linked to the Business Plan. For more educational content, please visit www.affluenceprivate.com.au and www.medicocfo.com.au.

In this series of 7 podcasts, Kris Borgraeve interviews Financial Planner Yves Schoof on the topic of Business Planning for Doctors. In particular if you are running or setting up a private clinic or a private practice. This second episode guides you through the process of running a SWOT analysis in your current practice. The clarity you gain from this, will help you design, lock in, and execute your business plan with more control and confidence.  For more educational content on Business & Finance for Doctors, please check out www.affluenceprivate.com.au, and our online education platform (with CPD accreditation available for members of selected Australian Colleges) via www.medicocfo.com.au.

When it's about organising the business side of your career as a Doctor, are you clear on the reasons why you do things the way you do them? At Affluence, we love to share insights and best practices derived from hundreds of very specific situations, working with Australian Doctors in the field of Business and Finance. So in this video podcast we look at the concept of a Self Managed Superfund and whether it's a good idea, for you as a Doctor. If you're hungry for more, please discover a universe of interesting articles, audio and video podcasts on www.affluenceprivate.com.au. And if you're ready to become your own CFO, as a Doctor, check out our online course MedicoCFO, allowing you to take total control over these important business aspects of your practice.

Chances are that, as a Doctor, you have been postponing this important work: structuring your business interests. At Affluence Private, we work with Doctors across Australia, supporting and educating them in the Business and Finance Aspects of their careers. So in this video podcast I look at stepped or level insurance premiums.  Insurance, just like goal setting, superannuation, investment strategies, estate planning and tax planning, are the essential building blocks of a wealth strategy to protect you and your family and to give you peace-of-mind when you are not in your clinic, practice or operating theatre. For more educational content please visit www.affluenceprivate.com.au.

In this series of 7 podcasts, Kris Borgraeve interviews Financial Planner Yves Schoof on the topic of Business Planning for Doctors. In particular if you are running or setting up a private clinic or a private practice. This first episode sets the scene for a journey that will allow you to cover and fine-tune all aspects of your Business Plan when you set about building, growing or reorganising your private practice.  For more educational content on Business & Finance for Doctors, please check out www.affluenceprivate.com.au, and our online education platform (with CPD accreditation available for members of selected Australian Colleges) via www.medicocfo.com.au.

There's a controversial podcast topic for you in this episode! Yes, tax strategy is a good and essential component of your entire business strategy. The question is what we understand by it, and how you can take an approach that is wise, ethical and effective. In this podcast we cover the more aggressive tax strategies, and my take on those methods, having worked with hundreds of Doctors providing them with a strategy that creates clarity, control and confidence. If you're keen to learn more, please check out the other educational content on our website: http://www.affluenceprivate.com.au.

When we work on your Business Strategy as a Doctor, or the Principal of a medical practice, our objective is to give you Clarity, Control and Confidence. In this video podcast we discuss the impact of proper insurance cover. Because it's one thing to work hard so you build a successful career as a Doctor...it's another thing to protect yourself and your family for when things go wrong. Discover a wide range of free educational content for Doctors on my website www.affluenceprivate.com.au and please also check out our online course "Medico CFO", helping Doctors and Surgeons manage the financial sides of their lives as a Doctor.

Being clear about your goals, putting a plan in place that guides you towards more control and confidence...That's the foundation of the work that is so essential when, as a Doctor, you decide to also master your Business and Finance life. Especially when you have set up, are planning to, or are managing your private practice. In this podcast episode, I discuss Life Insurance and how it is an essential component of your financial strategy. More blog articles, podcasts and free education on www.affluenceprivate.com.au. And for your complete, accredited online course (videos, outlines, worksheets and podcasts) please visit www.medicocfo.com.au.

As a Doctor, you shouldn't have sleepless nights because of money. Now that's easier said than done. Having worked with hundreds of Doctors across Australia, I have come across successful Surgeons, Specialists, GPs and Practice Owners who do worry about money quite often. What I have seen is that Doctors who put in place coherent strategies to set clear goals for their income, income protection, tax and estate planning, superannuation, investment and insurance, generally have more peace of mind. So let's look at the pitfalls. What are the dangers, and in which situations can you - even earning a 6 figure income - lose money fast?  This is only one of the many podcasts (audio and video) you can find on www.affluenceprivate.com.au.

Australian Financial Security Authority. 88% increase in personal insolvencies, in Rockingham.  Although this radio interview on 6IX (Perth) didn't particularly apply to the Health Industry or Doctors, we thought we'd include it in our audio podcast series just because it gives an interesting perspective on the overall economy in Western Australia.  This interview covers the causes and consequences of the increased amount of insolvencies in our State.  It ties into the overall importance of financial education. As Principal Yves Schoof points out in this interview, many people simply aren't financially literate enough. Please check out our other podcast episodes, providing in-depth advice on Business and Finance for Doctors and Practice Managers. And for more educational content, check out www.affluenceprivate.com.au.

It's a sensitive choice, how much money you would borrow, in an ideal situation, to buy a new house. Let's face it, as a Doctor you have worked hard to get to this point in time, and you may have chosen a certain lifestyle for yourself and your family. Yet, when confronted with the financial side of this exciting moment (moving into a new neighbourhood and a new home), there are important considerations to make. In this video we talk about the strategic approach to borrowing money.  If you need a more strategic approach to the business aspects of your life as a Doctor, or to the private practice you may be running or owning, then please check out our multiple blogs, podcasts and the eBook "Your Financial Health Matters". It's all available via www.affluenceprivate.com.au. If you want to take it to the next level, then consider subscribing to our online video and multimedia driven course, Medico CFO. It's available 24/7 on our digital platform, accredited for CPD points by selected Australian medical Colleges, and it will allow you to become your own CFO. For more information please go to www.medicocfo.com.au.

If you're more than just a leading Surgeon or Doctor, and you also run your own private practice, then there's a slight chance that you haven't made up your business plan yet. In my work with Doctors, I've often come across this situation, simply because as a Doctor you prioritise patient care. And secondly, because designing the financial structures for your business wasn't part of your own education, in most cases. So in this podcast we discuss the intelligent choice: to make and work on a detailed business plan, so you know your goals and you get clear about how you will achieve them. For more blogs and podcasts, please check out www.affluenceprivate.com.au.

As a Doctor, it's one thing to make great efforts to build your career. This actually started when you chose to become a Doctor. But once you start building a career, how do you protect your lifestyle, your family, and your income? There are various ways to look at all this, and the best way to look at it, is the integrated one.   In this video podcast, Financial Adviser Yves Schoof talks about the strategic approach to income protection for Doctors. It's important to connect it to your overall goal setting strategy, or in other words, to have a holistic approach to your financial life. For more articles about Business and Finance for Doctors, please visit www.affluenceprivate.com.au. Also check out our online education package (an accredited course teaching you how to become your own CFO) on www.medicocfo.com.au

Working with Doctors across Australia, I am often asked this very essential questions. If, as a Doctor, you have set yourself and your family up for a certain lifestyle, it makes sense to ask the question. In this video podcast, we explore the steps that will guide you to clarity and control in this area. For more educational content check out our corporate website www.affluenceprivate.com.au, and download my eBook "Your Financial Health Matters". We also offer online and accredited training for Doctors in the field of Business and Finance, through our sister brand www.medicoCFO.com.au. MedicoCFO is an innovative online training course for Doctors.

Interviewed by 6PR Radio 882AM in Perth, Yves Schoof talks about the consequences of the proposed 2016 Federal Budget for our daily lives.This interview was broadcast on 6PR on Saturday 7 May 2016 and didn't target Doctors in particular.

How do you get through your Fellowship Year? Mind you, this podcast won't give you the extra medical and technical knowledge you may need to turn it into a successful year. We're talking money. Financial Adviser Yves Schoof, author of "Your Financial Health Matters", identified a couple of risks for young Doctors when they embark on their Fellowship Year.  Having worked exclusively with Doctors for a long time, Yves identified the key challenges for Doctors in their Fellowship Year and shares his thoughts in this episode of the Money Talk podcast.  The interviewer/journalist is Kris Borgraeve.

At some point in your career as a Doctor, you may choose to launch your own practice. This is when your financial situation will be very important, and particularly the healthy foundations underneath your finances.  Award winning Financial Adviser Yves Schoof, Principal of Affluence Private, has developed a strong passion for his work with Doctors over the years. Quite often he noticed a lack of clarity and control, when Doctors discussed their superannuation, their tax planning, their investment strategies and their insurance or income protection options.  In addition, Yves helps Doctors structure and organise the business aspects of private practices, and is the author of the book "Your Financial Health Matters". Both on LinkedIn, and on his corporate website, he publishes daily advice for Doctors on how to get really clear about all things finance.  In this episode Yves is interviewed by journalist Kris Borgraeve and talks about launching your own private practice. 

As a young Doctor, you would think you have it all. And in many ways you are in a privileged situation. Yet, as Financial Adviser Yves Schoof points out, young Australian Doctors are also a risk of losing grip over their financial situation.  Starting out, they may still be carrying the burden of a student loan. And on the other end of the spectrum, there is the importance of building a really strong foundation for their financial life and their career, perhaps thinking about starting their own practice down the track. Yves Schoof is very passionate about this topic and has gathered part of his expertise of working with Doctors in his eBook "Your Financial Health Matters", as well as in his ongoing audio and video podcast series on http://www.affluenceprivate.com.au.

For some Doctors complacency is a risk, when it's about creating wealth. They tick all the boxes, and yet they haven't done the extra bit of extra after hours work to get their finances on track. Award winning Financial Adviser Yves Schoof, Principal of Affluence Private Wealth in Perth, is very passionate about helping Doctors find that clarity, control and confidence in their "business life" as a Doctor. He has been working with dozens of Doctors over the last decade, and his business specialises in providing financial advice to Doctors only. In this episode Yves Schoof is interviewed on the topic of complacency: a major risk for Doctors when it's about creating a future that is financially secure. 

If you are a Doctor, chances are you are among the smartest people on the planet. Yet, you may find it difficult to predict the overall outcome of your tax return. Or you may struggle finding a balance between investing wisely and protecting your family for the future. Nothing to be ashamed of. What you didn't learn at Uni is probably all related to the "business side of being a Doctor". Perth based financial adviser Yves Schoof at Affluence Private Wealth Management works with Doctors and shares insights from his work in his eBook "Your Financial Health Matters" as well as on his website http://www.affluenceprivate.com.au. In this audio podcast series he is interviewed by journalist Kris Borgraeve and this episode talks about the types of advisers a Doctor may benefit from, to gain more clarity, control and confidence in financial areas. 

If you think the title is a little bit mysterious, bear with us for a moment. Over the years, financial  adviser Yves Schoof discovered that a lot of Doctors worry about money. His first thought was that they shouldn't. And after a decade of case studies, working on wealth and tax planning, investment plans, income protection and insurance with dozens of Surgeons and Doctors, award-winning financial adviser Yves Schoof wrote a book about the business and finance aspects of being a Doctor. In this audio interview, he shares his insight about powerful strategies to simply gain more control over your financial life. Interview by Kris Borgraeve.

What is the mechanic behind compounding when you invest as a Doctor? And how can you make the best use of it when you plan your wealth strategy? Reporter Kris Borgraeve interviews Financial Adviser Yves Schoof in this episode of Money Talk, as part of the Affluence Private series of audio podcasts available here on Podbean and on http://www.affluenceprivate.com.au (Financial Advice for Doctors, Perth, Western Australia)

In this episode of Money Talks, Kris Borgraeve interviews Marcus Robb, who works with the Bank of Queensland. His speciality is helping Doctors and Dentists finance the property of their dreams. And we also talk to Yves Schoof, principal of Affluence Private Wealth, about the real estate market in Perth (March 2016) and how Doctors in particular can make wise investment decisions in this market.

In the Money Talk audio podcast reporter Kris Borgraeve interviews financial adviser Yves Schoof. The topics are always linked to Doctors and the business aspects of their careers.  From insurance to superannuation, from setting goals to investment choices, from tax planning to financial peace-of-mind.  Yves is very passionate about helping Doctors become their own CFO and he's the author of the book "Your Financial Health Matters" written specifically for Australian Doctors. More on www.affluenceprivate.com.au.

Interview based podcast for Doctors about finance and business. Yves Schoof is a financial adviser working with doctors and his intention is to help Doctors in the areas that they simply can't focus on: investments, goal setting, cash flow, superannuation, insurance, tax planning and all other aspects of a Doctor's business life.  Yves has been working with Doctors for a decade and has published his book "Your Financial Health Matters" in 2016.  He provides daily updates on LinkedIn Pulse, and on his blog www.affluenceprivate.com.au.

When Financial Adviser Yves Schoof talks about investing, he does it from a genuine intention to help Doctors manage their financial and business life. His observation, after having provided financial advice to dozens of Doctors over the last 10 years, is that specialists in the medical profession often don't have the knowledge, nor the time to follow up on business and finance skills. You can follow his blogs, videos and podcasts, or grab a copy of his book on www.affluenceprivate.com.au. 

The Money Talks podcast features award winning Australian financial adviser Yves Schoof. His advice is tailored for Doctors and Surgeons and he mainly works with doctors in the field of their goal setting, financial planning, estate planning, and overall strategies for superannuation, insurance and investments. Yves Schoof is the principal of www.affluenceprivate.com.au. 

Financial Adviser Yves Schoof helps Doctors and Surgeons and anyone operating a practice in the medial industry. His is the author of the eBook "Your Financial Health Matters" and publisher of regular updates for Doctors who want to bridge the knowledge gap in the area of financial and business skills. He operates out of Perth, Western Australia. More on www.affluenceprivate.com.au.

Health Budgets are changing, and a career in the Australian Public Health System is less secure. Yves Schoof talks about these changes in our health system.