Ep4: A dose of inspiration with The Local Choice Pharmacy
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Hugh Cunningham is as passionate about customer service and product assortment as he is about medicine. As the co-owner of The Local Choice Pharmacy Harmelia, Hugh focuses on business management, while his wife and co-founder Yolandi ensures the dispensary runs smoothly.
On episode 4 of The Finance Ghost Plugged in with Capitec, Hugh shares excellent insights on specialist retail and how pharmacies really work.
Episode 4 covers:
- Why separation of duties and having a clear decision-maker is critical
- The importance of doing proper financial analytics in any business
- How pharmacies make money and the differences between independent and corporate pharmacy models
- The benefits of being part of a franchise network
- The future of the pharmacy industry and how independent pharmacies can stay competitive
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