Medici Capital Knowledge Base

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Buy-Sell Agreements

What are some of the perks of ownership? Tax write offs? Free goods?

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Pharmacy Management 101

There are 3 fundamental economic realities about pharmacy. They are:

There is no such thing as an average pharmacy — all pharmacies are different and a number of unique business and operating models are obvious in the Australian pharmacy landscape; Gross margins are in decline; and Increasing reliance on prescriptions and professional services.

Over the next two weeks, I will focus on items 2 and 3. This week I would like to discuss item 1 in detail.

Many focus on the mythical average pharmacy as being representative of pharmacy. However, even on something as simple as average turnover (annual sales), the average is not representative.

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Financial Pharmacy Management

I need more information on the financial management of a pharmacy?

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Medical Center

Is opening a pharmacy in a Medical Centre a good idea?

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Statistics for Pharmacy Types

Are there Benchmark statistics and/or ratios for types/styles of pharmacies (eg shopping centre, metro strip, rural town, medical centre, etc)?

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Medici Events

Pharmacy Ownership Ready Conference

This event is a Conference event for Pharmacists

Women's Pharmacy Golf Day

This event is a Discussion event for Pharmacists

Pharmacy Study Tour

This event is a Conference event for Pharmacists

Pharmacy Connect

This event is a Conference event for Pharmacists, pharmacy managers & students

Pharmacy Snow Business

This event is a Conference event for Pharmacists