Blog posts
Results
-
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…
-
Harm Minimisation in community pharmacy
8 April 2019
Harm Minimisation seems like a mantra we should all adopt in life. It’s a common-sense philosophy that extends beyond providing pharmacotherapy for opioid or nicotine addiction. Yet, although we are knocking on the door of 2020, it still is not…
-
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
-
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
-
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
-
Member-pharmacy only
FPP Blog Series: Issue 64: How Nurturing a Loyal Customer Base can Contribute to Sustainability, Profitability and Growth
31 January 2019
The sad truth is that the loss of just a handful of loyal customers can cause community pharmacy's, specifically smaller ones, to suffer severe financial losses as well as irreparable damage to their reputation.The first step would be by providing…
WA | Blog Post | Business Administration, Community Engagement, Innovation
-
Community comes first in Burnie
23 January 2019
The commitment to identifying gaps in health services and moving to fill them is a point of differentiation for Wilkinson’s Pharmacy in Burnie.Co-proprietor Jack Muir Wilson says the pharmacy prides itself on being more than just medication-focussed.“We provide real solutions…
National | Blog Post | Community Engagement, Innovation, Leadership
-
Workflow innovation in Mt Gravatt
23 January 2019
The belief that there is always a better way of doing things has been behind the development of a customised workflow system which has changed the dynamics at TerryWhite Chemmart Mt Gravatt Plaza.Co-proprietor Zamil Solanki stresses his passion for systems…
National | Blog Post | Business Administration, Community Engagement, Innovation, Leadership
-
24 hours of professional services
23 January 2019
The presence of two discounter pharmaciess in the same suburb has not tempted Hardings 24-hour Pharmacy to try to compete on price.Rather it has confirmed and even strengthened the pharmacy’s commitment to its proud service-based model.Such is this commitment that…
National | Blog Post | Business Administration, Community Engagement, Innovation, Leadership
-
Changes paved the way in Glengarry
23 January 2019
A major renovation and reorganisation has invigorated a WA pharmacy visually and also led to changes in the way the business operates.According to proprietor Tina Pasyar, the pharmacy was originally quite dark and dated in appearance and there were no…
National | Blog Post | Community Engagement, Innovation, Leadership
Page last updated 18 January 2019