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Tips for selling your pharmacy

Are you considering selling your pharmacy? In this article, we answer some common questions to help sellers make an informed decision

It pays to treat your staff well

A contented workforce is key to employee retention and the success of your business, says Lee Ashwood, a senior associate at Eversheds LLP.

The efficiency challenge

Pharmacies, wholesalers and manufacturers are all looking for greater efficiency, says Alliance Healthcare’s Jeremy Main

Legal advice: moving patient data

There are important data protection principles to consider if you plan to move data around, even within a business

Green is good for pharmacy business

Going green isn’t just about saving on energy; it also means cutting down on waste and those items that go unnecessarily to landfill

Legal advice: Whose data is it anyway?

The rules around data can be confusing. So who exactly can use what?

The new pension landscape

An employer’s commitment to staff pensions is an ongoing one, what's the best way to handle this?

Ensuring the life of a family business

If you are in business with your family, consider setting up a family council

The numbers you need and how to use them

Businesses that do not know their numbers tend to make decisions on guesswork

Delivering the goods

How do you go about setting a medicines delivery service, and how much will it cost for your pharmacy?  

HMRC change set to increase cost and workload

HMRC is bringing in a new tax regime for every taxpayer, and the legislation for this is due to be written over the summer

Cost-cutting questions for employers

What effect could a community pharmacy funding cut have on decisions about pharmacy team staffing levels?

Engage your team to grow – one more thing

Making changes in your pharmacy business can be achieved and getting the whole team involved can add up to positive results.

Legal advice: an update about fire safety

Pharmacy owners need to be aware of their duties to comply with fire safety legislation.

Falsified Medicines Directive: the perfect storm

What will the plans to scan all medicines packs at the point of supply mean for community pharmacy workloads?

Legal advice: an update on asbestos

Pharmacy owners are obliged to determine whether asbestos is likely to be present in a building

Living with the Living Wage

With community pharmacy set for a pay cut, how will it cope with the Government's new Living Wage?

Are generics shortages a thing of the past?

Generic drug shortages are a tiresome fact of dispensary life, but has the issue stabilised?

Sell up or sit tight?

With the cut in community pharmacy funding on the horizon, is it time to sell your pharmacy and will value be unaffected?

Ways to revive retail sales

OTC and retail sales is a revenue area you can influence. Remember how visible your retail space is to customers
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