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Showing 1 to 5 of 20 articles related to "average".

Gross profit - Industry Average

What is a reasonable wages ratio in pharmacy?

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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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Australian Banks to Haul in $5b in Fees

Australian banks will collect more than $5 billion in fees in the year ahead as they aim to survive the global economic crisis, a researcher forecasts.

In its annual bank fee benchmark report, Fujistu Consulting found Australian households on average pay 22% more in bank fees than British households, and 11% more than those in the US.

The survey concluded the average Australian household pays close to $1000 in fees each year, compared to $749 in the UK and $850 in the US.

Report author Martin North estimates Australian banks collected just under $5 billion in fee income in 2008, ranking them among the most expensive in the western world.

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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 Valuation

When looking at pharmacy cap rates, does the owners wage get accounted for before before the calculation is made to derive the return on investment figure? (EBIT FIGURE)

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