The first thing a customer experiences as they step into your pharmacy is the vibe of the environment set in your store. This vibe is given off by your staff and how they interact with your customers and those around them. Now when it comes to running your business, how many times have we heard that your team is one of the biggest assets you can have? Well, that’s because this is true however when a work environment turns sour and becomes toxic, it can be detrimental to the business and have the following effects.
BUSINESS SUCCESSION PLANNING FOR PHARMACISTS
Pharmacies must go back to basics
The blog highlighted that the trading levels for 2022 were an anomaly and the market has since shifted dramatically. We can no longer ride the wave of COVID, where Pharmacies were the answer to many of the public’s needs. Your community don’t have to go to you store now, and they don’t have as much to spend than previous years.
The new norm for community pharmacy
Efficiency and Management Reporting
For more than 5 years I have been preparing monthly management reports for pharmacy owners. Understanding the required information we need, to help you prepare your management reports will ensure efficient and accurate monthly reporting. Also most importantly, so you know how your business is tracking. It also ensures ATO BAS lodgements can be prepared in a timely manner and any refunds from the ATO can be received sooner!
Below are a few key tips to make your monthly reporting process a breeze: