Business Health Check – Pharmacy

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

About This Package

Gold Silver
  • 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.

Want To Know More?

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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