Establishing the right foundation for a medical practice comes with huge financial consequences. From keeping taxes low to shielding personal wealth, the framework you choose at the outset can shape your wealth journey for decades. At Accountants for Doctors, powered by Medcentric, we support doctors implement the right frameworks for practice ownership, covering choices like a single practitioner arrangement, incorporated business, trust, or partnership. Each structure comes with advantages and disadvantages. Selecting the wrong one can result in excessive tax burdens, risk to your personal assets, or costly restructuring later. Our service guarantees that the entity setup is tailored not only to the current goals but also to their future ambitions and generational considerations. For registrars starting private work taking their first step into business, we create structures that support growth capacity and risk management. For long-standing clinic owners, we assess and improve existing structures to maximise efficiency. Our advice is much more than meeting ATO requirements; it is about future-proofing your finances, minimising exposure, and securing peace of mind. By choosing our structuring service, doctors can spend time on care assured that the backbone of their clinic is rock solid, efficient, and ready to match career goals.