Pharmacy Thinking- Preparing for a New Financial Year

Pharmacy Thinking- Preparing for a New Financial Year

With another financial year coming to an end, it is a good time to stop and reflect a little on what you have achieved this year.

Personally for me it is the most innovative time of the year. I take the time to reflect on what we achieved, our successes and our failures. Nothing is ever perfect in the world. But it allows me to identify what went wrong. Then what strategies we can employ to reverse our failures and what we can do to progress towards our goals. So with this in mind, I would strongly suggest you take the time to review and reflect.

Instagram, let's give your pharmacy more personality

Instagram, let's give your pharmacy more personality

As a millennial I discover new brands and products mostly through the Internet. I have been conditioned to tweet, post and share; it’s the norm for me. The tool I love the most has got to be social media, in particular Instagram.

I am an avid user of Instagram I use it for inspiration, find new brands, to follow celebrities and networking. When thinking about it, I easily spend at least an hour a day on Instagram and that is not an exaggeration. I LOVE INSTAGRAM.

Pharmacy Tax Planning

Pharmacy Tax Planning

Tax Planning for pharmacy

“A financial year almost over….and what have you done?”

I hope business has been treating you very well this year. Just like the final stages of a mountain ascent, you may need that final boost to get you to the top and reap the rewards of your hard work. That final push is tax planning.

The starting point to tax planning is to determine how much tax you are going to pay. From here we can work out some tax strategies that can be used to help minimise how much that will be paid in both the short and long term.

Pharmacy Marketing | Step out of your Comfort Zone

Pharmacy Marketing | Step out of your Comfort Zone

Pharmacy Marketing Tip # 1

This is the 17th blog we’ve sent to our mailing list. We’ve had really positive feedback, some hiccups but overall it’s been exciting for Peak Strategies.

When I started working with John at the beginning of the year, I did have some reservations. Let’s be frank; I didn’t think John as an Accountant would embrace all of the marketing strategies that I have grown to love. I wasn’t sure whether he would want to be completely raw with his clients. John is amazing at what he does, his client base reflects that. Marketing however, is a completely different ball game. It involves taking some risks and being creative. Some of the time you have to step out of your comfort zone and put yourself out there. It can be scary especially for an Accountant.

How to improve your pharmacy through being different

How to improve your pharmacy through being different

Dare to be different

When I first started Peak Strategies (PS), I had a problem with truly connecting to what I was doing. This was because I felt no different to other accounting firms. I was delivering the same things as everybody else. I didn’t like that, I wasn’t proud. Furthermore, l wanted to feel unique and special.

Then I had a significant turning point in my career. This moment had such a fundamental impact on my business. It happened when I was in the process of choosing the PS colour and logos. The graphic designer gave me a range of colours and choice of design. She however, asked what colour I disliked the most and couldn’t image using. I said fluorescent orange and she responded with “well that’s what you’re going with”. You can imagine the panic and emotional turmoil I felt towards that response. HOWEVER at this point, I hadn’t realised that I was beginning to differentiate myself from the others (others being accounting firms).