We provide all the services a dentist needs from their accountant, and a whole lot more.
We recommend we start with getting to know you, your practice situation and your immediate plans and possible issues. We can then help with immediate decision-making and work with you to devise a plan of action. Our first task is usually preparing your annual accounts and submitting your tax return. Clients who are buying a practice may want our input on the choice of building or location, raising finance, or business structure.
Once established, we can take on bookkeeping and payroll services. We recommend that dentists and orthodontists concerned about their profits or their viability book in for an annual review when we can carry out an in-depth review of past performance and plan for the year ahead.
Our Services
- Accounts preparation
Tax return
Payroll
Dividend planning for limited companies
Management accounts
Annual meeting to improve profitability and meet goals
QuickBooks and Xero set up, training, and support
Practice purchase support
Practice sale support
Exit strategy planning
Due diligence
Practice set up advice
Dental practice statutory audit (including groups)
Capital gains tax planning and advice
Business plans and cashflow forecasts
Bookkeeping
- Practice development strategies
Raising finance
Orthodontic practice contract support
Superannuation support
Managing your practice and employees
Partnerships set up and advice
Limited company set up and advice
Expense share set up and advice
Expert opinion and witness work
Mediation and support in business relationships
Personal financial planning and wealth management
Practice and personal protection insurances
Benchmarking practice results
Private fee scale review and positioning
Associate remuneration packages formulation and review
Retirement strategy
Annual Review
Most practice-owners opt to book in for an annual review meeting with us because of the value it delivers. It’s an opportunity to reflect on the previous year and to evaluate options for the year ahead. Linda and Nathan will encourage clients to set goals and they keep in touch to ensure that business is going according to plan. We always have an eye on the big picture and when the time is right, are ready to discuss exit strategies.
COVID-19
The most challenging experience of most dentists’ working lives has been the impact of the COVID-19 pandemic. We have done our best to support our clients through this, advising on the furlough scheme, organising loans, obtaining mortgage holidays and helping with staffing issues. We shared our clients’ concerns, maintaining our belief in their ability to weather the situation financially. The reserves we had encouraged them to build were put to essential use.
Want to improve your profit margins?
Speak to us on: 01235 251 576 Or email: dental@ross-brooke.co.uk
