HOT LISTING
PHARMACY NEWS
MISSED OPPORTUNITY OR UPSIDE OPPORTUNITY?
The importance of margin in the retail area of pharmacy is often dismissed/ignored on the basis that the total store has remained profitable. Over the last decade there has been a proliferation of community pharmacies
CASHFLOW – THE LIFEBLOOD OF EVERY ORGANISATION
Some business owners believe if they are profitable they are on the road to riches. Unfortunately I have witnessed good profitable companies fail too often. The majority of these failures are due to either not
SOMETIMES A DEAL IS TOO GOOD TO BE TRUE. THE VALUE OF DUE DILIGENCE
Buying a pharmacy is a big investment, so you would of course undertake due diligence before making such a substantial commitment. But what should you check? Do you simply have your accountant check the books
THE INCREASING COST OF INVESTING
Over the last five years the financial performance of pharmacy has been subject to the following. Flat script growth; Loss of retail sales; Flat to declining retail margin; Loss of customers; A period of rising
FINANCIAL MARKETS UPDATE 2013
With Markets recently focusing on the expectation of the US Quantitative Easing (QE) Program being tapered back, we have experienced a steepening of the yield curve, with longer term Swap rates rising significantly. Under a
NEW CHANGES TO THE FAIR WORK ACT – FAMILY FRIENDLY WORKPLACES
The Fair Work Amendment Bill 2013 which was passed on 27 June 2013 has the effect of extending existing family friendly measures (‘the Amendments’) under Fair Work Act 2009 (‘the Act’). Pharmacy businesses should take