Growth Articles

Growth

Ten Rupees Off: What a Discount Really Costs

Every chemist gives discounts - to a regular, on a big bill, to keep a customer who has been quoted less online. Almost nobody works out what one costs, and the arithmetic has a trap in it that quietly overcharges the customer and overstates your tax.

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Buying Well: Where a Pharmacy Really Loses Its Margin

Most pharmacies watch the selling price and let the buying price look after itself. Scheme goods, distributor rates and credit days quietly decide the margin long before anything is sold.

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Customer Credit in a Pharmacy: How to Give Udhaar Without Losing Money

Credit is unavoidable in an Indian medical store — losing track of it is not. How to age what you are owed, set limits that hold, and chase at thirty days instead of ninety.

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How to Increase Pharmacy Profit

Increasing pharmacy profit requires smart decision-making and efficient operations.