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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…
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…
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.…
2 December 2019
If you want passion, enthusiasm, energy, caring and concern from your employees towards your customers, what do you need to do?
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.…
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…
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.
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.
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…
15 November 2018
Just when you thought the craziness of exams and assignments was over and you could relax a little, pharmacies are now preparing for the rush of extended Christmas trading, school holidays and customers trying to reach their Safety Net limit!