Business and Financial Planning

A well-crafted business plan provides a roadmap for growth, helping you align your clinic’s goals with actionable strategies.

Business planning toolkit 

The business planning toolkit provides various topics and templates to help you plan or improve your clinic's business model.

Topics include:

• Strategic planning
• Selecting a business structure
• Conducting a business review
• Submitting your business plan 

Get started with the business planning toolkit.

Get personalized assistance 

Connect with a regional business advisor to receive guidance tailored to your unique goals and challenges. Our advisors are here to help you refine your strategies and achieve business success.

Connect with a regional business advisor.

A clear understanding of your business expenses is essential for establishing a strong, sustainable business model. The overhead expense calculator helps you estimate your income, lease or mortgage, and monthly overhead—empowering you to accurately assess your bottom line.

Download the overhead expense calculator.

Optimize your practice with financial tools and professional services designed to support your career at every stage. 

ClubMD 

ClubMD provides Doctors of BC members with access to deals on accounting, tax planning, financial, legal, and professional services to support running your business.

Access services from:

• Campbell Froh May & Rice LLP 
• Hamilton Duncan Law Corp
• Knapp Resolutions
• MNP LLP
• The Mortgage Group
• Watson Goepel LLP
• West Coast Workplace Law

Get deals on financial, legal, and professional services.

MD Financial Management and Scotiabank Healthcare+  

Access comprehensive financial guidance tailored for physicians from medical school through retirement. Their combined expertise ensures goal-driven support at every stage of your career.  

Learn more about MD Financial Management and Scotiabank Healthcare+.

MD Financial Management also has a library of webinars with topics ranging from incorporation to filing taxes to saving for retirement.

Explore the library of webinars.

Managing your finances effectively is key to running a smooth and sustainable practice.

• Open a business banking account: Establish a dedicated account for your business transactions to streamline financial management. 
• Set up payment method: If necessary, consider setting up a credit or debit machine to facilitate customer payments. 
• Bookkeeping: We recommend finding a qualified bookkeeping/accounting professional through the Canadian Bookkeepers Association to support with expense tracking. Explore the Canadian Bookkeepers Association member directory.

Doctors of BC Insurance

Protect what matters most with personalized insurance coverage–for your business property and more. Members can also consult with Doctors of BC Insurance professionals to discuss personal and commercial coverage.

Learn more about Doctors of BC Insurance.

Westland Insurance

Westland Insurance has developed exclusive general insurance policies for Doctors of BC members such as residential and commercial insurance.

Learn more about Westland Insurance.