by Rajeev Dixit | Jan 23, 2017 | Business Advice & Superannuation, Taxation & Accounting
Community pharmacies and other small to medium healthcare businesses face considerable pressure on a number of different fronts to remain profitable in the current Australian industry. While 2017 is bound to bring its share of ups and downs, the year is ripe...
by Rajeev Dixit | Dec 23, 2016 | Business Advice & Superannuation
As community pharmacies across Australia begin to transition from purely dispensary-based businesses to a more serviced-based orientation, many owners are asking the same question: how? While conditions for SMEs in New South Wales have been very positive this...
by Rajeev Dixit | Dec 20, 2016 | Business Advice & Superannuation
The number of Australians over the age of 65 is estimated to double by 2030, if the latest projection data from the Australian Bureau of Statistics is anything to go by. Coupled with Australian families having fewer children, the proportion of the population...
by Rajeev Dixit | Dec 14, 2016 | Business Advice & Superannuation, Taxation & Accounting
For small business owners, the Christmas season can be both stressful and rewarding. With Australian shoppers predicted to spend over $48.1 billion dollars in retail this season according to the Australian Retailers Association (ARA), it’s hardly...
by Rajeev Dixit | Dec 8, 2016 | Business Advice & Superannuation
Millennials are set to shake things up in a big way. According to McCrindle research, this group (also known as Gen Y) numbers some 5.15 million Australians – they’ll also represent about 30 per cent of the workforce within ten years. The have a...
by Rajeev Dixit | Dec 6, 2016 | Business Advice & Superannuation
For many companies, success comes with finding a niche. Other than employing financial strategies to support business, there are plenty of examples where tapping into a unique market is crucial for growth and locating the target audience. The pharmacy industry...
by Rajeev Dixit | Nov 28, 2016 | Business Advice & Superannuation
The number of small businesses working in collaboration with each other is one of the many reasons for an upsurge of growth in NSW, according to a study released by American Express, as part of its Shop Small campaign this month. According to the Australian...
by Rajeev Dixit | Nov 28, 2016 | Business Advice & Superannuation, Taxation & Accounting
Pharmacists and other SMEs can expect some smoother sailing in the near future. The National Business Simplification Initiative is set to make it easier to run a business by reducing the complexity of dealing with government regulations, meaning less time...
by Rajeev Dixit | Nov 9, 2016 | Taxation & Accounting
Pharmacies in Australia have been evolving for years, implementing new technologies and better practices regarding the internet and cloud-computing. There’s still a lot they can do to improve, though, and it might be more necessary than ever. Setting up...
by Rajeev Dixit | Nov 4, 2016 | Business Advice & Superannuation, Taxation & Accounting
At the very start of November, the Melbourne Cup race was won by Almandin. Horses need to have blinkers on their heads to stop them from being distracted by what’s going on around them. Businesses do not. A horse should only be looking ahead, and...
