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FPP Blog: How to yield efficiencies in your pharmacy workflow
24 January 2020
“Efficiency is the ability to avoid wasting resources, efforts and time in doing something or in producing a desired result… The highest type of efficiency is that which can utilise existing material to the best advantage” Jawaharlal Nehru, former Prime…
WA | Blog Post | Capability, Business Administration, Innovation, Leadership, Resilience
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FPP Blog: 5 Steps to Best Practice Wound Care in Your Pharmacy
17 January 2020
Wound care costs billions of dollars worldwide with cost estimates for healthcare systems totalling approximately 3% of national health care budgets. In Australia there are over 400,000 sufferers of chronic wounds at any time, with numbers expected to increase as…
WA | Blog Post | Capability, Training, Business Administration, Clinical
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FPP Blog: 8 Essential Cyber Security Mitigation Strategies for Your Business
10 January 2020
Businesses are encouraged to implement eight essential mitigation strategies as there is no single mitigation strategy which is guaranteed to prevent cyber security incidents.In 2018 Data breaches in Australia resulted in average costs of $108 per capita. Furthermore, 58% of…
WA | Blog Post | Business Administration, Innovation, Infrastructure
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FPP Blog: Critical KPI's for Pharmacy Retail
2 January 2020
Pharmacy as a business model is unique in so many aspects, but it still has a lot of elements in common with many other retail businesses. Insulating ourselves within our own industry can restrict our ability to learn from others…
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FPP Blog: Surviving the silly season
9 December 2019
Welcome to December, the most crucial month of the year in retail. According to Roy Morgan’s annual Christmas retail sales forecasts, Australians are predicted to spend more than $52.7 billion over the Christmas period, an increase of 2.6% from 2018.…
WA | Blog Post | Training, Business Administration, Leadership, Resilience
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FPP Blog: An informed pharmacy is an empowered pharmacy
6 December 2019
The WA Commercial Tenancy Act is now under review!In Western Australia, most retail shop leases are regulated by the Commercial Tenancy (Retail Shops) Agreements Act WA. Having an understanding of the Act is essential when leasing premises to operate a…
WA | Blog Post | Capability, Business Administration, Infrastructure, Resilience
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FPP Blog: The 3 Dimensions of Job Satisfaction
2 December 2019
If you want passion, enthusiasm, energy, caring and concern from your employees towards your customers, what do you need to do?
WA | Blog Post | HR, Capability, Business Administration, Leadership
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FPP Blog: The Process of Buying a Pharmacy - Part 2
22 November 2019
We continue with our step-by-step guide to buying a pharmacy. In the previous blog we covered issues surrounding family, strategy, your network of advisors, advice on legal structures and funding. Now we explore opportunities, sale agreements, due diligence, funding and…
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FPP Blog: The Process of Buying a Pharmacy
15 November 2019
The biggest decision in any ambitious pharmacist’s career will be the first pharmacy purchase. Not only is it the biggest investment decision they will make, bigger than the family home, but also is associated with the biggest debt and the…
WA | Blog Post | Capability, Business Administration, Infrastructure, Resilience
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Member-pharmacy only
FPP Blog: Issue 71: Preparing the next generation of pharmacy owners
25 October 2019
For those of us who are business owners, many remember that first time we ventured into the business world. Whilst we were all quite competent in our respective professions, the leap from professional to business owner is a big one.…
WA | Blog Post | Training, Business Administration, Innovation, Leadership
Page last updated 21 January 2020