Pharmacy groups compare GP%, Wage% and EPS rejects fairly by agreeing one rulebook, grouping similar branches together, and acting on patterns that persist rather than one month blips. Independent owners and ops leads know the pain, one branch is called…
Weekly flash reporting gives multi-site pharmacies the momentum signals needed to adjust wages, purchasing, and claims before the month-end closes. Weekly visibility turns slow hindsight into fast mid-cycle action, so owners, finance managers, area managers, and ops directors prevent margin…
A 24-month, three-statement financial forecast protects your pharmacy from current and ongoing Category M price margin reduction shocks. By showing—in advance—how reimbursement changes, wage inflation and service mix will affect future profits, working capital and cash. For the period from…
You set service prices and patient advice slots that reliably make money by pairing a clear fee policy with a realistic, minute-by-minute capacity plan so every booked consultancy slot contributes to a sensible profit margin while keeping patient flow steady.…
Most UK pharmacy owners feel the pressure of seasonal fluctuations. Winter might bring a surge in footfall, flu jabs, and prescriptions—but summer often leaves tills quiet, shelves full, and bills still due. Without proper planning, that income rollercoaster can create…
Running multiple pharmacies under different companies often means handling separate VAT returns, duplicated admin, and paying VAT on internal recharges that shouldn’t cost anything. That’s where VAT grouping comes in — a strategic move that lets pharmacy owners manage VAT…
Tax rules can quietly erode the value of a family-owned pharmacy—especially if left unplanned. From Capital Gains Tax on share transfers to Inheritance Tax on death, many UK pharmacy owners don’t realise how exposed they are until it’s too late.…
Valuing your pharmacy accurately is critical if you’re planning to sell, retire, or bring in investors. Overpricing could push serious buyers away, while undervaluing risks losing hard-earned wealth. In the UK, pharmacy valuation involves more than just your annual profit…
Succession planning is no longer optional for family-owned pharmacies. As retirement approaches, pharmacy directors face crucial decisions about how to secure the future of their business. Recent changes to the UK’s inheritance tax (IHT) rules mean that without proper planning,…
Managing a pharmacy involves more than just prescriptions – it’s about juggling NHS payments, stock control, VAT complexities, staffing, and patient confidentiality. Choosing the right accounting system can make a big difference in how efficiently you run your business. Traditional…
