Top 10 Tips for Pharmacy Bookkeeping   

Top 10 Tips for Pharmacy Bookkeeping   

Pharmacy owners quickly realise, one of the keys to success in business is well documented and thorough systems and procedures. Amongst those your internal financial systems must be the most important. If you think about it, most of decisions that get made by business owners will have a financial impact. A good owner will track and assess the financial impacts of these decisions regularly. Recording and tracking your financial position and trading performance accurately and readily is a key component in every pharmacy’s internal systems. What you can measure you can manage.

What Community Pharmacies can do that Big Box Discounters won't

What Community Pharmacies can do that Big Box Discounters won't

In recent weeks I have noticed that my inbox is being filled with headlines that include the words CHEMIST WAREHOUSE and AMAZON. I can (once again) sense discomfort within the pharmacy industry. There are always conversations both negative and positive about the future of community pharmacy. At Peak Strategies we argue the later, the positive. Of course, we know there are some major hurdles to overcome, however we understand the need for community pharmacy.

New Year’s Resolutions for Your Financial Health

New Year’s Resolutions for Your Financial Health

Happy new financial year! As typical of a new year, we always reflect on the past and set our new year’s resolutions to do better. So why not do the same for your financial health?

Here are a few things you can consider for yourselves and your businesses as you start off this new exciting year: