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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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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
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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
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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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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
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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
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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
Page last updated 18 January 2019