Practice4Sale Blog (Page 47)

Our new-look job listing facility is now live. Re-branded as Jobs4careers.com.au the site currently has over 250 Pharmacy related employment opportunities nationally.

Due to increasing business size and value, and the need for succession planning, owners with viable businesses are seeking junior partners to join them. Likewise up and coming pharmacists wish to own larger businesses. Such sales of equity will necessitate the development of industry-accepted principles and finance approaches to succession.

Three methods can be used to value a pharmacy. The appropriateness of the method used would be dependent upon the stage the pharmacy is in its development.

Practice4Sale: An internet-based service to help those looking at buying and selling Australian Pharmacy practices was launched at this year's APP Conference on the Gold Coast.

The sale of a pharmacy practice could soon be as simple as clicking a mouse button, following the unveiling of an Internet site designed for the buying and selling of practices.

The number of financial planning and accounting firms being bought and sold continues to grow, yet many practices fail to understand the process of valuation. Kate Kanchor examines what criteria should be considered.

A new web-based listing service will assist pharmacies and their agents to buy, sell and lease pharmacy practices. To be launched at the Australian Pharmacy Professional conference, www.practice4sale.com.au will also enable users to sell, buy or lease practice sites, seek partnerships or equity partners, or find employment.