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Aged Care is faced with unique challenges and opportunities. Access to financial advisers who understand these challenges and opportunities allows you to maximize your business and personal outcomes. SB has developed SB Solutions Aged Care to ensure our clients get the advice and service they need.
At SB we work with our clients to grow profitability and cash flow, manage risk by attending to compliance issues and to maximise after tax cash flow. Through managing these financial drivers we have been able to help our clients build their businesses and manage their tax and regulatory obligations in a way that maximises their retained profit which we then help them invest to create other independent income streams.
This unique approach has been coined in the phrase Profit Architects providing financial solutions designed for you.
If you are facing challenges in your aged care business then we invite you to consider how our tailored solutions may assist you: -
- - Compliance ensures your CAP payments continue.
- Update: CAP Audit Implications
- Sample audited financial statements
- – If you are refurbishing or building a new facility it pays to ensure you get all the tax allowances you can. Our experience with clients who have done this means we have extensive knowledge about how to maximise your tax claims.
- – Today you need more than financial reports. At SB we employ balanced score card methodologies to help you design reporting systems that allow you to forward plan your business. These include KPI reporting, forecasting, benchmarking staff evaluation and feedback and resident satisfaction.
- – Wages are the key cost maximising the benefits your staff receive helps minimise the cost to you. This is a real win win situation.
- – Bonds are increasingly important in funding facilities. Using the right strategy of bonds and increased daily charges is critical to manage debt and profit.
- - a capital intensive industry needs intensive tax planning for entry and exit.
- – before committing to build or renovate your facility you need to know it works financially. The SB NewFac model tells you what to expect.
Please contact us for more detailed information regarding your specific area of interest.
Does Reporting to Department of Health and Ageing fulfil your obligations under the Corporations Act?
IFRS and Valuations
By The Hon Senator Santo Santoro - Minister for Ageing - 5 April 2006
ACAA - The Future Challenges, May 2005
ACAA - The Future Challenges, May 2005 - Recommendations
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For further information on how SB Aged Care Solutions can assist your business please email us at agedcare@saccasanbailey.com.au
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