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  1. 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

  2. Member-pharmacy only

    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

  3. 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

  4. 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…

    WA | Blog Post | Capability, Business Administration

  5. 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

  6. 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

  7. Member-pharmacy only

    FPP Blog: Issue 70: Key KPI's for Pharmacy Retail

    20 June 2019

    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…

    WA | Blog Post | Business Administration, Innovation

  8. 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

  9. 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

  10. 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

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Page last updated 18 January 2019