5 min read
An overdraft is a borrowing facility that has an approved credit limit and is linked to a bank account. It can be drawn on at any time and is most useful for day-to-day practice expenses.…
10 min read
Federal Treasurer Jim Chalmers delivered his first budget for the Anthony Albanese government on 25 October. Credabl’s Treasurer, Dennis Koh, provides a brief snapshot on the key finance, healthcare and business-related headlines from the budget papers. …
9 min read
There is a common saying that running a successful business and having a successful career is “a marathon, not a sprint”. The saying is meant to remind people to think long term, to pace themselves and have longevity in mind, rather than just short-term results. …
5 min read
Whether you’ve purchased a practice with existing patients or have set up a brand new practice and need to build a new client base from scratch, marketing your practice plays an important role in keeping your business going from an operational and fiscal standpoint. …
5 min read
The significance of a medical practice’s name, visual and brand identity are often overlooked. …
15 min read
Credabl, 1 September 2022. The Credabl Helping Hand Grants are back to help practices grow. Valued over $10,000, the grants will be awarded to up to five recipients around Australia. If you own, manage or work for a medical, dental or veterinary practice, you can apply now.…
4 min read
If the pandemic taught us anything, it’s that having a rainy day fund is more than a great idea – it’s essential in business today. You just never know if or when a major event could impact your revenue and savings in a pretty significant way.…
9 min read
One of the first questions that a buyer will ask when a business is for sale is, “Why are they selling?”. According to Simon Palmer, when the business is strong and the vendors seem young and healthy, buyers will often show some incredulity.…
6 min read
Successfully creating and growing a thriving healthcare business is vital to both your bottom line, your staff retention and your patient experiences. There are many contributing factors that assist as the key ingredients to ensuring its success.…
7 min read
Whether it’s a small purchase or a sizeable one, you may find that you need finance to help your business grow or get started. …
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