Why do I need a specialist Chiropractic Accountant?
Good question. As a Chiropractor, one of the first things that you will do with a new patient is explain what you’re doing – so that they can better understand the benefits of regular treatment. Patient education is a journey, so that over time chiropractic patients understand not just the results, but everything in between. It’s one of the reasons why patients are generally such big advocates of the profession.
The same applies to accountancy. In order to fully understand the financials, you need an accountant that can bridge the gap between the world of chiropractic and accountancy, one that can speak your language. Far too oftern we speak to chiros who have been trundling along for years (and decades) without understanding what the numbers mean, or how they have a bearing on their business. It’s a huge opportunity missed because your financial reports paint a brilliantly detailed picture of your business, and they should be your ‘number one go-to’ when making the big business decisions. In addition, with the fast pace of regulatory and taxation change impacting the chiropractic industry, you want to choose an accounting partner with their finger on then pulse.
So what do we do for Chiropractors?
Here at Broadreach, we have a deep understanding of the chiropractic profession, meaning we act as the bridge from your world to ours. We are firm believers that all chiropractic professionals, whether they are recently graduated associates or seasoned, multi-clinic owners, should make a plan for their financial goals and aspirations. It’s time well spent.
We help business owners ensure they are in the best possible position to achieve these goals, and put in place the tools required to make it happen.
- Accounting and tax compliance
- Performance analysis
- Budgeting and financial projections
- Tax planning and structuring advice
- Incorporation and operating through a limited company
- Goodwill valuations
- Buying and selling clinics
- Bookkeeping software integrations, training and provision
We also pride ourselves on being friendly and approachable, and work in a way to suit you. We love working with all sorts of people, and regularly speak directly with the business owners, practice managers or with dedicated bookkeepers.