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The Covid-19 pandemic will have a direct and lasting impact on businesses of all sizes. While the full effects of the pandemic are yet to be seen, the uncertainty of shifting restrictions and snap lockdowns,

It is surprising how often I come across a situation where a pharmacy business has obviously grown over time and operates from 2 adjoining premises which have been linked by the pharmacist creating a large

Our long experience tells us that there are five fundamentals that can go wrong in a pharmacy business. One of those is motivation and remuneration of staff - but there is another aspect of the

Preparing annual financial projections and monitoring for your pharmacy is imperative to fully understand and control your pharmacy business model. Cash flow projections provide pharmacy owners with first-hand insight into the impact of decisions through

In deciding to own and operate a pharmacy business, there is no doubt that the pharmacy owner will have a long-term goal of maximising the value of their business. While pharmacy business owners are typically

It's said in many a business course that it's not possible to manage what you're not measuring. When the team at Sigma Financial Services conducts comprehensive Finance Health Checks with our customers, there are specific

In today’s highly competitive environment, effectively using data has never been more crucial. Key Performance Indicator (KPI) reporting allows pharmacy owners to gain deeper insights into their business performance, and ultimately gain a competitive advantage.

Peter Lane, Head of Brand Development explains why Sigma Healthcare offers such a wide range of pharmacy brands. Unlike other pharmacy groups, Sigma Healthcare has built up a stable of diverse pharmacy brands. They include

Let’s assume the following: Fred is 48 years old and as the owner of 3 profitable independently branded community pharmacy businesses scattered around the town of Bedrock, considers himself a successful and experienced businessman who

The year 2020 will forever be chiselled into our memories for the arrival of Covid-19 and the devastating impact it has had on our everyday existence, and loss of life around the world. Australia, due

Selling Your Pharmacy Often overlooked when preparing your Pharmacy for sale is ensuring your retail shop lease is also sale ready. Just as important as getting your books of account prepared, sharpening your roster and