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Business Tips

Retraction ZYRTEC® Effectiveness

RETRACTION – ZYRTEC® Effectiveness Recent advertising by Johnson & Johnson Pacific has been found in breach of the ASMI Code of Practice.

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How Service & Range Can Make the Difference

How Service & Range Can Make the Difference By Simon Hambrecht, Director, Pharmacy Essentials Service – the one thing an online retailer is unable to provide a customer and an important way for you to differentiate your business from them. This in conjunction with product ranging is the starting point for you to compete effectively.Time [...]

Pharmacy staff

Staff Retention

Staff Retention by Heidi Mariz, General Manager of Ravens Recruitment Anyone who owns a business or is responsible for managing employees always wants to know the secret to finding and retaining talented employees. Talented and high performing employees are instrumental to business success – and with more management focus than ever before on retaining great [...]

Implementing Health Promotion

Implementing Health Promotion – Contributing towards PPI by Helen Strachan – The Pharmacy Guild of Australia, Queensland Branch As part of the Pharmacy Practice Incentive (PPI) payments under the Fifth Community Pharmacy Agreement, a series of pharmacy health services have been grouped into an incentive category known as Primary Health Care. This category consists of [...]

For-Lease

Has the rent bubble for Pharmacies finally burst? You bet it has!

Has the rent bubble for Pharmacies finally burst? You bet it has! By Phillip A. Chapman CSMA, Director of Lease1 “Retail Shop Lease and Information Services”(an endorsed Gold Cross Supplier) www.lease1.com.au Never before in Australian retail history has a single retail channel been under such duress when it comes to occupancy costs as the pharmacy [...]

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Is Robot Friend or Foe?

By Peter Saccasan, Director of Pharmacy Services  - Guild Accountants Pty Limited “Warning! Warning!” as Robot in the old television series of ‘Lost in Space’ was want to say whenever there was approaching danger.  With the pressure on achieving economies in all aspects of pharmacy operations, more pharmacy owners are casually turning the pages on [...]

Business Tips: Budgeting

Budgeting: putting dollars to the plan By John Chapman, B Pharm, B Com, PGDipClinHospPharm, FACP(HC), MPS Chief Executive Officer Australian College of Pharmacy ‘Budget’ is one of those wonderful words that enjoy different meanings. In its everyday use it has connotations of ‘restricting expenditure’ or ‘making do with scarce resources’. In this sense we read about [...]

Your Pharmacy Premises – Giving It The Attention It Deserves

By Peter Saccasan, Director of Pharmacy Services & Executive Director at Guild Accountants Pharmacy owners spend a lot of time managing issues within the pharmacy.  The day-to-day stuff is front and centre and sometimes the bigger – and more important – issues get pushed into the background.  Ensuring you get the most out of your pharmacy [...]

Predatory Groups on Shopping Centre Leases

Think you’ve got a secure long term lease? It ain’t necessarily so. Pharmacy owners who believe they have secure long term leases, and that they’ll be given unimpeded options to renew, should be aware of the increasingly predatory environment in retail centres. Not only are there competitors who might seek to move in on someone [...]

For better or for worse…getting the business relationship right!!

Before you walk down the aisle into partnership, there are just a few things to get sorted. Yes, partnerships are like a marriage, only usually there’s not so much love in the air and things can sometimes reach a “take no prisoners” stage. If you are already in a business relationship – whether that be [...]

Grow your Pharmacy business – Continence Aids Payment Scheme (CAPS)

From 1 July 2010 the Continence Aids Assistance Scheme, an Australian government program that assists eligible people who have permanent and severe incontinence to meet some of the costs of their continence products, will be replaced by Continence Aids Payment Scheme (CAPS). Whereas the current payment available under the CAAS is up to $489.95 the new [...]

Retail Shop Leasing – A Big Challenge

Retail shop leasing is one of the most challenging and contentious issues facing Pharmacists today and it would seem that for a long time Lessor’s have been reaping the benefits of over inflated rentals. Especially serious for all Pharmacies is the aspect of new rents being negotiated and applied at lease renewal, where no formal [...]

Professional Compounding Chemists of Australia

History More than two decades ago in the United States, a physician encountered a patient who required an anti-nausea medication that was no longer commercially available. The physician challenged a Houston-area pharmacist to compound the medication, so the pharmacist consulted with his peers and procured the chemicals necessary to prepare it. The prescription was a success, and the [...]

Mirixa and your Pharmacy

If not, why not? Mirixa Australia is proud to present you with an opportunity to increase the quality of life of your patients by enhancing their quality use of medicines.  You can help reduce possible hospital admissions for your patients, minimising the burden on our healthcare system.  This is in addition to increased dispensary and [...]

What to expect from a company representative

Purpose This article is designed to inform and remind the buyers in pharmacy of what service a company representative expects to deliver to your pharmacy and more importantly, what the pharmacy buyer is entitled to expect. Your time is valuable and you don’t want it wasted by an ineffective representative; conversely it costs a company [...]