5 Years Post Qualification Required To Start Community Practice, Whose Interest Is Being Protected?

Recently I read about a new rule in Nigeria which requires a pharmacist to have spent at least 5 years post graduation before he can be allowed to start a community pharmacy practice. This rule is among several other rules rolled out by the council with the intention of sanitizing the pharmacy practice and drug […]

How To Write An Effective And Workable Business Plan For Your Pharmacy

A business plan is an essential roadmap for business success. This living document generally projects 3-5 years ahead and outlines the route a company intends to take to grow revenues. Before you put pen to paper in writing your business plan, you need to think through and research ever area of your business that is […]

10 Reasons You Must Prepare A Business Plan For Your Pharmacy Business And The Danger Of Ignoring Them

As said early, the benefits of writing a business plan abound and it is worth the time invested in producing it. The benefits you can enjoy from your business plan include the following It helps in clarifying the direction and purpose of your pharmacy business. It forces you to think through how you are going […]

Business Plan: The Recipe For A Bright Future For Your Pharmacy Business

You may have heard the saying several time, “If you fail to plan then you are planning to fail”. This statement is true both in life and business. This statement emphases the importance of planning and we must take it seriously. We should therefore have plans for every area of our lives in order to […]

10 Marketing Strategies To Differentiate Your Pharmacy Business For Increasing Patronage And Profit

Marketing is the key to the success of any business. It is the heart of every business and what can make the difference between success and failure. It is a known fact that good marketing can make a bad product succeed while a good product will never succeed if the marketing is bad. In your […]

Your Business Is Not Your ATM: 6 Ways To Separate Your Personal And Business Finances

I mentioned in the post, 7 Things You Must Know Before You Venture Into Pharmacy Business, that your business is not your ATM. In another article I advised that you should not delve your hand into your business money as it may hamper the growth of your business. In this article I will show you […]

10 Qualities Of Awesome Employees Which You Must Consider When Hiring Any Staff

It is every business owners desire to have awesome employees that will help their businesses grow and make good profit. In your pharmacy business, if you have good employees you can be confident of great service to your customers. There are qualities that awesome employees share in common and you must look out for these […]

6 Essential Money Management Tips for Pharmacy Business Owners

Money management skill is a necessity for running your business whether you are a first-time entrepreneur or a seasoned veteran. It is one of the keys to business success. You need to acquire this knowledge and use it in your business every day. Below are some essential money management tips you can use in your […]