FREE Side Session 2: Demystifying Pharmacy Ownership 2.00pm – 5.00pm Afternoon tea included Suitable for Pharmacists, Interns & Pharmacy Students
Purchasing a pharmacy can seem complex and overwhelming – but it doesn’t have to be! Our expert speakers will identify the potential challenges to pharmacy ownership and provide you with steps to overcome them.
Join us for this free afternoon session and find out how to: - identify a good business opportunity - understand valuations - source funding - stay across the legal considerations - negotiate staffing
Our Industry Experts will help you identify the important milestones to plan into your schedule when you are looking to buy or open a pharmacy.
TOPICS & SPEAKERS
Buying a Pharmacy: The Legal Essentials Sarah Stoddart, Director, Vitality Law Australia
In this informative and interactive session, you will learn about the process of buying a pharmacy and the tips and tricks that you need to know to ensure a smooth buying process. There will be opportunities to ask questions and dispel any myths so that you can move into pharmacy ownership with confidence.
Community Pharmacy Valuation Chris Swifte, National Business Development Manager, AP Group
Take a deep dive into the fascinating world of community pharmacy valuation and find out about:
Valuation calculation criteria
Liability issues between asset purchase and stock purchase.
Mechanics of a stock purchase
Pertinent aspects of pharmacy valuation to arrive at a fair offering price/partnership buy in
The “how to” of Financing your Pharmacy purchase Speaker to be advised
Find out about:
Loan to Value Ratio (LVR) explained
Future market expectations
Industrial Relations – Ownership includes staffing Scott Harris, Pharmacy Guild National Director Workplace Relations
With business ownership comes responsibility and accountability for your employees. How do you manage fundamental changes in your pharmacy as a new owner and set the scene with your staff from day one?
You’ll finish the afternoon by joining in a discussion with some of our pharmacy owners - find out about their real life experiences gained on their journey to ownership.
Pharmacy Guild of Australia, Tasmanian Branch Level 2, 38 Montpelier Retreat Battery Point TAS 7004