THIS EPISODE FEATURES:
- Interview with Peter Saccasan (Director of Pharmacy Services, RSM Bird Cameron)
- 5 Prescriptions for a Stress Free Holiday
- Pharmacy Freedom Index (PFI) Insights: Summer Business Planning Series – 3. Setting and Reviewing Key Performance Indicators (KPI’s)
RESOURCES & LINKS:
- Pharmacy Freedom Index, click here to take the test
PHARMACY FREEDOM INDEX (PFI) INSIGHT
SUMMER BUSINESS PLANNING SERIES – WEEK 3
2. Setting and Reviewing Key Performance Indicators (KPI’s)
- Tools: Your accounting software (or new cloud accounting software), or Microsoft Excel/Google Sheets
Peter Saccasan’s 3 Key Pharmacy KPI’s for 2015:
1. Customer Numbers
2. GP$/Customer
3. Interest Cover (Profit before Interest/Interest) 2 x cover (4 times to be comfortable)
Next week: Innovation Planning & Change Management
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My 3 Key Learnings
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1. Understand the processes required to successful make the transition to cloud accounting platforms.2. Know and measure your Key Performance Indicators (KPI’s)3. Maximise the benefits of utilising cloud based accounting systems, don’t do the bare minimum.
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OVER TO YOU!
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