business
Chemist Warehouse a boon for EBOS
EBOS has announced “strong growth” in revenue and earnings with a pharmacy business boosted by its agreement with Chemist Warehouse The group has reported a significant increase in first half …
Focus on the bottom line
What were our most popular business-focused articles during 2019? What you need to consider when looking to buy a pharmacy, or buy your first pharmacy, and how to differentiate commercial …
Deciphering the puzzle
Do you know how to read a financial statement? Here’s a quick guide by Victoria Le, from Peak Strategies As a pharmacist, you are qualified and well trained to help …
Sealing the deal
What are the eleven key steps in buying or selling a pharmacy? Natalie Sirianni counts down the process Selling or buying a pharmacy can be a fairly long process, usually …
The endowment effect
There’s a very good reason why you need to be aware of market conditions and not let your emotions rule when you’re selling your pharmacy, explains Natalie Sirianni It’s called …
Are you one of these pharmacist ‘types’?
The shopkeeper, the grocer, the locum, the homeopath, the community pharmacist… one researcher has attempted to classify pharmacists into various categories Pharmacists are not a homogeneous group, yet little attention …
‘You are pharmacists, not retailers.’
Pharmacy business expert John Thornett says he picked up some valuable ideas at the recent Pharmacy Connect conference. Here’s his seven key learnings I find Sydney a very busy and …
Pharmacy won’t be deregulated: Hooper
Sigma is entering a “growth phase where we have few business constraints” following the end of its contract with Chemist Warehouse Sigma has announced its financial results for the six …
The week in review
It’s been a week of doctors versus pharmacists, with GPs taking to the media to accuse pharmacy of bullying, profit-seeking and administering old vaccines There was a flurry of attacks …
Negotiating leases and shopping centre rents
What do pharmacists need to know to be better armed when negotiating new leases? Stephanie McGrath explains I have been assisting several clients lately who have had run-ins with their …
Keeping up with things
Failing to upgrade your business management software can be very costly indeed, says Fiona Dixon of HLB Mann Judd When talking to SMEs about their current accounting and business management …
Five teams hit the semi-finals
The Pharmacy Guild’s National Student Business Plan Competition has named the 2019 semi-finalists The competition is an Australia and New Zealand-wide challenge promoting creative entrepreneurship among students preparing for a …