Practice4Sale Blog (Page 42)

Many shopping centre landlords see turnover as the key measure for setting pharmacy rents. While considered illegal and not in accordance with the relevant pharmacy legislation, many landlords have continued to seek turnover data from pharmacy (and other tenants) with a view to escalating rent when turnover increases.

Three key things are required to improve value – improve cash flow, reduce risk, and generate growth. Ultimately value is created by cash flow (real profitability) and risk management. All of these can be controlled by owners and managers, and must be the focus of your wealth creation plan.