Business Class
Electronic execution and remote witnessing
What are the latest developments that pharmacists need to know? Stephanie McGrath explains The Electronic Transactions Act 1999 (Cth) permits transactions to occur electronically. However, this legislation does not apply …
Freedom fight
Sarah Stoddart explores this pharmacy’s challenge to the exercise of ministerial discretion The Federal Court of Australia has dismissed an application challenging the Minister for Health’s discretionary power to approve …
Call of the mall
Shopping malls are in decline. Despite high rents, they’re still a prime location for pharmacy, but can they still be profitable? Bruce Annabel and Mal Scrymgeour explain It was Ralph’s …
Cyber security: a growing risk
The health sector continues to lead the way in data security breaches, and experts say pharmacy needs more investment in prevention Given everything else that has occupied our attention over …
What’s your pharmacy worth?
It’s a question on the lips of any pharmacy owner, so how do you find what your business is really worth? Natalie Sirianni explains For any pharmacy owner, a key …
The fundamental KPIs every pharmacy owner needs to measure
KPI reporting is a tool that allows pharmacy owners to gain deeper insights into their business performance, write Lachlan Ballinger and Morgan Whiting In today’s highly competitive environment, effectively using …
Pharmacy partnerships: they’re like a marriage
When partnerships work, they’re beautiful, when they don’t, it’s a disaster, says John Thornett. How can you avoid the worst? In pharmacy land there has been some seriously impressive partnerships …
Don’t become obsolete
There has never been a better time to invest in design and technology to improve pharmacy efficiency write Bruce Annabel and Mal Scrymgeour One morning in 1869, a proud group …
COVID-19 and the impact on pharmacy trading in 2020
What were the financial ramifications on pharmacy businesses? Lachlan Ballinger and Morgan Whiting explain The year 2020 will forever be chiselled into our memories for the arrival of Covid-19 and …
Swimming against the tide
The pharmacy real estate market is staying strong, but has divided into two tiers during COVID, says Natalie Sirianni As a pharmacy business broker, and someone who spends a lot …
Clicks drive bricks
The need for pharmacy to have a successful digital offering is more important than ever thanks to COVID-19 say Bruce Annabel and Mal Scrymgeour In 1989 Mike Sendall was a …
The five legal obligations you need to know
A rundown for pharmacists on updated guidelines from Ahpra & the National Boards for advertising a regulated health service December 2020 saw the release of updated Guidelines from Ahpra and …