Business planning isn’t just about spreadsheets and strategy, it’s about creating shared direction and momentum with your team. In pharmacy, where your people are at the heart of your service, involving them in your planning process turns goals into collective achievements. This blog explores how a well-run planning workshop can realign your business vision, re-energise your team, and lay the foundation for a successful year ahead.
Family Pharmacies: Where Heart Meets Structure
Family pharmacies are built on heart, but lasting success depends on structure. Whether you're starting out or managing a multigenerational business, the right structure can help protect your legacy, minimise tax burdens, and avoid future disputes. In our latest blog, we unpack the pros and cons of each business structure and explore why structure isn't a one-time decision.
Planning for Financial Success: Preparing Your Pharmacy for the End of the Financial Year
Don’t wait until tax time to start thinking about your financials. We break down the key strategies pharmacy owners should be implementing now to reduce tax liability, improve cash flow, and position their business for long-term success. From choosing the right business structure to leveraging deductions and timing your purchases, this blog is packed with practical, pharmacy-specific insights to help you make the most of every financial year.
Preparing for EOFY: Must-Do Actions Before 30 June – A Checklist for Pharmacy Owners
As June 30 draws near, EOFY is your chance to tidy up the books, make smart financial moves, and lay the groundwork for a strong year ahead. For pharmacy owners, this period isn’t just about compliance, it’s about strategy. By taking the time now to finalise records, optimise deductions, and plan with purpose, you can enter the new financial year confident and prepared.
To help you get there, we’ve created a practical EOFY checklist outlining what to do, why it matters, and simple tips to make the process smoother.
The Use of Technology and AI in Bookkeeping
At Peak Strategies, we often explore how technology and AI are reshaping the pharmacy industry, but today, we’re zooming in on bookkeeping. While AI is typically linked to data analysis and efficiency, its impact on bookkeeping is just as powerful. From recognising patterns and suggesting actions to reducing errors and streamlining repetitive tasks, AI is helping bookkeepers work smarter. Read on to find out how these innovations are transforming the way we manage your numbers.