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  1. Member-pharmacy only

    FPP Blog Series: Issue 18: Cashflow Management

    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…

    WA | Blog Post | Training, Business Administration, Innovation

  2. Member-pharmacy only

    FPP Blog Series: Issue 17: Stock Management - the relationship between tenancy and inventory

    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…

    WA | Blog Post | Training, Business Administration, Innovation

  3. Member-pharmacy only

    FPP Blog Series: Issue 16: Stock Management - Maximising Your Return

    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…

    WA | Blog Post | Training, Business Administration, Marketing, Innovation

  4. Member-pharmacy only

    FPP Blog Series: Issue 15: Stock Management - Stock Turnover

    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…

    WA | Blog Post | Training, Business Administration, Innovation

  5. Member-pharmacy only

    FPP Blog Series: Issue 14: The Patient Connection

    8 September 2017

    We have previously talked about increasing customer numbers, and how minor increases can have a large impact on your overall profitability. We have also considered how customer numbers can be increased by not only attracting new customers to your store,…

    WA | Blog Post | Training, Innovation, Clinical

  6. Member-pharmacy only

    FPP Blog Series: Issue 13: How nurturing a loyal customer base can contribute to Sustainability, Profitability and Growth

    1 September 2017

    Increasing customer numbers, basket sizes and script numbers are tried-and-tested ways of achieving growth. But it is seldom that simple and success rarely happens overnight.Attracting new customers using marketing campaigns can be both resource and cost-intensive. In fact, members that…

    WA | Blog Post | Training, Marketing, Innovation

  7. Pharmhealth is one of the finalists in the National Student Business Plan Competition

    31 August 2017

    PharmHealth Pharmacy is drived by a passionate team of innovative and community minded pharmacists.

    National | Blog Post | Training, Community Engagement

  8. Member-pharmacy only

    FPP Blog Series: Issue 12: The Multiplier Effect

    24 August 2017

    For those of you who were at the WA Pharmacy Forum, you would have seen the panel discussion on “How you can Achieve Sustainability, Profitability and Growth”. In that session we went though the impact that relatively minor changes in…

    WA | Training, Innovation

  9. Isle Pharmacy is one of the finalists in the National Student Business Plan Competition

    24 August 2017

    Three finalist teams have been announced in the Pharmacy Guild of Australia’s 2017 National Student Business Plan Competition. Learn more about one of the finalist Isle Pharmacy

    National | Blog Post | Training, Innovation

  10. Member-pharmacy only

    FPP Blog Series: Issue 11: Social Media - No Longer An Afterthought

    17 August 2017

    Did you know that one in two people in Australia use Facebook daily? Social isn’t going anywhere; it has become a daily habit for most people. There are some pharmacies that have had true success with their social media efforts.…

    WA | Blog Post | Training, Marketing, Innovation

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Page last updated 18 January 2019