NPA launches online tool for business planning
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The NPA has launched the latest in a suite of tools to help independent pharmacies meet the business challenges presented by the funding cuts in England.
The Pharmacy Business Planner (PBP) is a web-based simulator of a 'typical' community pharmacy in England. Pharmacy owners can adjust the model to more closely reflect their own pharmacy's particular circumstances.
The modelling takes into account not just the income generated by the services and dispensing that the pharmacy undertakes, but also estimates the costs of providing those services to provide a net income indicator. Impacts of the recent funding changes in England are clearly illustrated.