by Rajeev Dixit | Oct 31, 2016 | Business Advice & Superannuation
The Department of Industry, Innovation and Science (DIIS) has announced a $7.4 million funding injection for the pharmaceutical and medical technology sectors. But how does that impact business owners on the ground? There could be more than a few trickle-down...
by Rajeev Dixit | Oct 27, 2016 | Business Advice & Superannuation, Taxation & Accounting
What can cloud computing offer your business? Greater technological uptake is a consistent theme of successful enterprises in modern Australia – but is it right for your business? Could it revolutionise your enterprise, or is it an unnecessary, complex...
by Rajeev Dixit | Oct 14, 2016 | Business Advice & Superannuation
Have you ever looked at the accounts for your pharmacy, desperately trying to find some way to take yourself out of the red and into the green? Do it too frequently, and you might start finding that the figures are bending to your desires, rather than the...
by Rajeev Dixit | Oct 7, 2016 | Business Advice & Superannuation
In recent times, the government has been making changes to the self-managed super fund (SMSF) taxation laws frequently – it’s a way for them to regulate and control the tax concessions, as well as keeping up with the changing demands of the...
by Rajeev Dixit | Sep 13, 2016 | Business Advice & Superannuation
Have you ever really laughed at a piece of marketing that your medical centre business has produced? If the answer is yes, congratulations! You’ve probably put together an engaging advertisement, and you would have reaped the rewards. If the answer is no,...
by Rajeev Dixit | Sep 7, 2016 | Business Advice & Superannuation, Taxation & Accounting
The pharmacy sector in Australia is growing, and it’s opening up the door for more start-ups to take ground. Implementing best practices from the beginning of your greenfield pharmacy business is imperative to success, and accounting is the cornerstone of...
by Rajeev Dixit | Aug 18, 2016 | Business Advice & Superannuation, Taxation & Accounting
Manually doing the payroll in your medical centre business is a demanding task, and a lot of people won’t be aware of the finer points of the award system. That’s only one of the reasons using DBS Accountants’ payroll solutions is a sound...
by Rajeev Dixit | Aug 16, 2016 | Taxation & Accounting
Measuring the success of your pharmacy requires more than just knowing how many sales you’re making. Just because your sales are high, everything might not be running as smoothly as you expect on the profitability front. A report from America’s...
by Rajeev Dixit | Jul 28, 2016 | Taxation & Accounting
Many pharmacy businesses are started up with the help of a bank loan. As these are specialised business loans, with a large part of security being the goodwill of the pharmacy, banks need to ensure that the value of this goodwill is maintained. This is why the...
by Rajeev Dixit | Jul 15, 2016 | Business Advice & Superannuation
Towards the end of last month and some 17,000 kilometres away, the United Kingdom voted to leave the European Union (EU) and walk its own path without the security of the established trading block. On June 23, millions of Britons cast their votes on exiting the...
