Exiting a pharmacy business: What you need to think about

Whether you are planning to retire or move onto other ventures, there’s plenty to think about when exiting a business. As a pharmacy, with regulatory and healthcare considerations, there’s often more planning involved in the transaction. As accountants and advisors to the pharmacy sector, with decades of experience under our collective belts, this article shares some key considerations for pharmacy owners in exiting their business.

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Balancing passion with pragmatism

Last week, Elena Krotiris, one of our Directors here at Holman Hodge, attended Adelaide Fashion Week, taking the opportunity to enjoy the incredible talent we have in Adelaide while also supporting several clients featured in the festival. With significant experience and strong connections in the fashion, retail, and luxury markets, today’s update highlights her relationship driven approach which supports creative clients in aligning business structure, passion, and practicality for success.

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The 8th Community Pharmacy Agreement brings welcome changes for pharmacies

On the 3rd of June 2024, it was announced that the Australian Government and the Pharmacy Guild of Australia had finalised the 8th Community Pharmacy Agreement (8CPA) and a Strategic Agreement on Pharmacist Professional Practice. As part of the 8CPA, the Government has committed an additional $3b over the term of the Agreement, to support the National Medicines Policy 2022 goals.

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