Business Health Check – Pharmacy

A product package to facilitate a detailed analysis of pharmacy businesses.

About This Package

A product package to be used to analyse the performance of a pharmacy across a wide range of business activities.
The completed documents will enable you to closely analyse the performance of the business and identify areas for improvement.

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Package Content

The Business Health Check – Pharmacies includes the following key components:

Data Required Form – to be supplied by your client.
Key Performance Indicators Report (information generated from the data entered by your client).
Templates of other tools to be used by accountants/business advisers to evaluate the financial performance of the pharmacy.

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Data Required Form – to be supplied by client:

Calendar
Customer/Patients
Sales
Sales Dissection
Hours Business Operated
Cost of Goods Sold/Gross Profit
Working Owners/Principals
Employees
Property/Space/Measurements
Stock/Inventory
Balance Sheet
Expenses
Profit and Loss

Key Performance Indicators’ Report – Pharmacies (this is the report which is generated from the data entered in via the “Data Required Form”):

Sales Analysis
Sales Dissection
Customer Details
Gross Profit Analysis
Business Analysis
Wages Analysis
Expenses Analysis
Profitability Analysis
Staff Analysis
Suppliers Analysis
Productivity Analysis
Ratio Analysis
Financial Analysis

A sample of some of the information included:

sales
sales increase/decrease percentage from previous.
daily sales
salesperson FTE person
sales per total hours worked

Sales Dissection:

sales per square metre
sales per total hours store open
average sale
average sale per Internet sale
percentage credit sale
prescriptions institutional
prescriptions (excluding institutional)
cancer contracts
weight loss products
cosmetics
vitamins
gifts
perfumes
personal hygiene
other pharmacy sales

Similar detailed information is included under the other headings in the key performance indicator report.

Templates available for use in Business Health Check Review for Pharmacies:

Break Even Calculations
Working Capital Evaluation
Ratio Analysis
Benchmarking
Calculation of Future Maintainable Profits
Business Valuation
“What If” Scenarios – Sales Targets
Ratio Analysis Report
Business Health Check Report

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