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  1. Member-pharmacy only

    FPP Blog: Issue 69: Tax Planning Strategies

    9 May 2019

    In today’s era of taxation law, the days of a “once a year” tax planning strategy are long gone. It’s a year-round strategy that you must be aware of and communicate regularly with your accountant on. However, with another financial…

    WA | Blog Post | Training, Business Administration, Innovation

  2. Member-pharmacy only

    FPP Blog: Issue 68: Cashflow as the Lifeblood of Any Pharmacy

    11 April 2019

    It is often said that cashflow is the lifeblood of any business. This is extremely relevant in pharmacy where so much money is tied up in stock, customer debtors, PBS amounts owing, together with paying suppliers, etc. It is a…

    WA | Blog Post | Business Administration, Innovation

  3. Member-pharmacy only

    FPP Blog: Issue 67: Family Trusts

    28 March 2019

    By far the most common legal structure used by most small businesses, and certainly since October 2010 in pharmacy land, are Family Trusts. While they offer a lot of benefits, particularly regarding income distributions and tax efficiency, they are very…

    WA | Blog Post | Capability, Business Administration, Innovation

  4. FPP Blog: Issue 66: Lease vs License

    14 March 2019

    If you have any questions about your lease or want to know more, The Guild WA is hosting a Rental & Leasing Information event with industry experts on April 2nd, 2019.Click here to learn more about the event and register…

    WA | Blog Post | Capability, Business Administration, Innovation

  5. Member-pharmacy only

    FPP Blog: Issue 65: Top Tips of Pharmacy Partnership

    14 February 2019

    The reality of modern-day pharmacy is that the most likely entry point for a young pharmacist into ownership is via a partnership opportunity. Most pharmacists just do not have enough available funds to invest in a pharmacy outright.

    WA | Blog Post | HR, Business Administration, Innovation, Leadership

  6. FPP Blog Series: Issue 64: How Nurturing a Loyal Customer Base can Contribute to Sustainability, Profitability and Growth

    31 January 2019

    The sad truth is that the loss of just a handful of loyal customers can cause community pharmacy's, specifically smaller ones, to suffer severe financial losses as well as irreparable damage to their reputation.The first step would be by providing…

    WA | Blog Post | Business Administration, Community Engagement, Innovation

  7. Member-pharmacy only

    FPP Blog: Issue 63: Getting Ready for KPI Monitoring

    10 January 2019

    In keeping with the saying ‘good decisions come from good data’, this blog will focus on the first considerations in preparing your pharmacy for accurate monitoring of its financial performance.

    WA | Blog Post | Training, Business Administration, Innovation, Leadership, Clinical

  8. FPP Blog: Issue 62: Predictions In Retail Trends For 2019

    3 January 2019

    This holiday season in WA has proved to be quite successful for those in the retail industry, as generally most retailers were able to enjoy a successful Christmas period. Increases in December retail sales have been reported, and the rise…

    WA | Blog Post | Capability, Business Administration, Marketing, Innovation, Resilience

  9. Member-pharmacy only

    FPP Blog: Issue 60: Small Business Concessions

    6 December 2018

    Anything to do with tax is often complicated and best left in the hands of your tax accountant. There is a lot of detail and issues that are all interacting with each other, making it so much harder than what…

    WA | Blog Post | Capability, Training, Business Administration, Innovation

  10. Member-pharmacy only

    FPP Blog: Issue 59: Is a Pharmacy Website Really Worth It?

    29 November 2018

    Short answer — yes, yes it is. Overwhelmingly, yes.I guess you don’t have to read the rest of this article now, but if you want to know why and access free resources for your pharmacy, perhaps stick around.…

    WA | Blog Post | Business Administration, Marketing, Innovation, Guild Corporate

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Page last updated 30 January 2018