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19 October 2017
Continuing from last week’s blog on the common errors we find in pharmacy accounting systems, we delve further into issues which can cause inaccuracies in your financial data. As we discussed owners are making significant decisions on this data, as…
17 October 2017
Gastroenteritis or gastro as it is commonly known, affects thousands of people in Queensland each year and statistics show that annually there is 4.1 million cases across Australia with the total annual cost to society through missed work of $1.249 billion.
12 October 2017
One of the most important aspects of running a business, especially community pharmacy businesses, are the financial and accounting systems.Owners base decisions on this data, as do banks, valuers, future partners and owners, the Australian Taxation Office etc. So many…
10 October 2017
There is consequently a growing body of evidence that probiotics can be utilised to normalise the microbial imbalance associated with psychological conditions.
5 October 2017
As the returns from dispensary continue to fall away and with wages and rent continuing to bite pharmacy owners, many are starting to feel the strain in their profitability and cashflow. A lot of pharmacy owners are feeling pain. Any…
3 October 2017
Pregnancy is a time in a woman’s life where maintaining good nutrition and wellbeing is equally important for bub as it is for the mother.
28 September 2017
This is the third and final part of our stock management blog. We have talked previously about stock turnover and how this influences cash flow. We also talked about the large investment in stock and how to maximise the returns.Today…
26 September 2017
Pharmacy assistants can play an important role in providing advice to women no matter what life stage or age.
21 September 2017
Last week we discussed stock management in regards to the main KPI of Stock Turnover rates. We learned about how this impacts cash flow when our stock turnover rates are too low, but also the problems that are caused when…
14 September 2017
One of the tasks consuming the most amount of attention in a pharmacy is stock management. Pharmacies have a large amount of money invested in stock so maximising the return on that investment is critical. There are lots of decisions…