Welcome to Calm the Pharm - where pharmacy business meets legal wisdom, minus the headache. In each episode, we share practical legal tips and real life examples to help you run your pharmacy with confidence.
Ep 57 - Before You Sell: The art of preparation in pharmacy sales
In this episode of the Calm the Pharm podcast, host Sarah Stoddart provides essential legal advice for pharmacy owners looking to sell their business. She emphasises the importance of preparation and understanding the legal intricacies involved in the selling process.
To illustrate the importance of preparation, Sarah shares a case study of a pharmacy owner who faced challenges with the lease assignment process. By addressing the issue early in the timeline, the owner navigated the situation smoothly, allowing the sale to proceed without delays that could have led to significant stress for both parties.
In summary, the key takeaways from this episode emphasise thorough preparation, an understanding of the accompanying legalities, and the necessity of maintaining order in the business prior to engaging in the sales process. A well-prepared seller will not only enhance their chances of securing a favorable deal but also enjoy the transition as a culmination of their hard work rather than a distressing scramble.
Calm The Pharm is brought to you by your host, Sarah Stoddart. Sarah is the founder and director of Vitality Law Australia, a boutique law firm which provides small business owners and healthcare professionals across Australia with clear legal pathways and peace of mind. She is recognised as a leader in the healthcare industry and is one of only a few lawyers in Australia with specialist experience working with pharmacy businesses.
In 2021, Sarah was named the Lawyers Weekly Women in Law Australian Sole Practitioner of the Year. She was also named as a finalist in the AusMumpreneur Business Awards. In 2022, she was named as a finalist in the Women in Business Awards for The Hills and Districts Chamber of Commerce, the Australian Law Awards and again in the Women in Law Awards. Sarah is the co-author of business book, “Courage and Confidence”. The book is a collection of inspirational stories combined with practical tools, tips and advice written by a small group of Australian women in business. She is also a non-executive director of MS Queensland.
www.vitalitylawaustralia.com
Instagram: @vitalitylawaustralia
Facebook: Vitality Law Australia
LinkedIn: https://www.linkedin.com/in/sarah-stoddart-23b92240/
20 Sept 2026
Ep 56 - Ready, Set, Submit: Preparing for the PBS approval process
In this episode of the Calm the Pharm podcast, host Sarah Stoddart delves into the critical PBS (Pharmaceutical Benefits Scheme) approval process involved in owning a pharmacy in Australia. This discussion follows the previous episode, which highlighted different practices by buyers that facilitate a smooth transaction in acquiring a pharmacy.
The episode highlights that properly understanding the PBS approval process and maintaining compliance from day one are crucial for the success and tranquility of pharmacy ownership. Owners who stay organised and proactive tend to position themselves better for future endeavors, whether that includes selling the pharmacy or acquiring new ones.
Overall, the discussion underscores the importance of navigating the PBS approval process with clarity and preparation, ensuring that pharmacy ownership can be a rewarding venture.
Calm The Pharm is brought to you by your host, Sarah Stoddart. Sarah is the founder and director of Vitality Law Australia, a boutique law firm which provides small business owners and healthcare professionals across Australia with clear legal pathways and peace of mind. She is recognised as a leader in the healthcare industry and is one of only a few lawyers in Australia with specialist experience working with pharmacy businesses.
In 2021, Sarah was named the Lawyers Weekly Women in Law Australian Sole Practitioner of the Year. She was also named as a finalist in the AusMumpreneur Business Awards. In 2022, she was named as a finalist in the Women in Business Awards for The Hills and Districts Chamber of Commerce, the Australian Law Awards and again in the Women in Law Awards. Sarah is the co-author of business book, “Courage and Confidence”. The book is a collection of inspirational stories combined with practical tools, tips and advice written by a small group of Australian women in business. She is also a non-executive director of MS Queensland.
www.vitalitylawaustralia.com
Instagram: @vitalitylawaustralia
Facebook: Vitality Law Australia
LinkedIn: https://www.linkedin.com/in/sarah-stoddart-23b92240/
13 Sept 2026
Ep 55 - Unlocking Pharmacy Ownership: Key considerations for aspiring buyers
In this episode of the Calm the Pharm podcast, host Sarah Stoddart provides a comprehensive overview of the essential considerations when buying a pharmacy in Australia, emphasising the unique regulatory landscape in which pharmacies operate. She outlines key strategies that differentiate smart buyers and ensures a smoother transaction process.
Sarah concludes that potential buyers should view the regulatory aspects as critical components of the deal rather than mere formalities at the end of the process. By doing so, they can position themselves for success in their pharmacy ownership journey. For more insights and resources, Sarah recommends checking the guide available on her website, which outlines three common pitfalls to avoid when buying a pharmacy.
This podcast episode serves as an invaluable resource for current or future pharmacy buyers, equipping them with the knowledge and perspective necessary to navigate the complex landscape of pharmacy acquisition in Australia effectively.
Calm The Pharm is brought to you by your host, Sarah Stoddart. Sarah is the founder and director of Vitality Law Australia, a boutique law firm which provides small business owners and healthcare professionals across Australia with clear legal pathways and peace of mind. She is recognised as a leader in the healthcare industry and is one of only a few lawyers in Australia with specialist experience working with pharmacy businesses.
In 2021, Sarah was named the Lawyers Weekly Women in Law Australian Sole Practitioner of the Year. She was also named as a finalist in the AusMumpreneur Business Awards. In 2022, she was named as a finalist in the Women in Business Awards for The Hills and Districts Chamber of Commerce, the Australian Law Awards and again in the Women in Law Awards. Sarah is the co-author of business book, “Courage and Confidence”. The book is a collection of inspirational stories combined with practical tools, tips and advice written by a small group of Australian women in business. She is also a non-executive director of MS Queensland.
www.vitalitylawaustralia.com
Instagram: @vitalitylawaustralia
Facebook: Vitality Law Australia
LinkedIn: https://www.linkedin.com/in/sarah-stoddart-23b92240/
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Spotify
5.0 / 5
6 ratings
Podcast Authority Score: 42 / 100
A composite of feed quality, social presence, YouTube performance and engagement. Read the methodology.
Quality
71
Social presence
0
YouTube
0
Engagement
32
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Sarah Stoddart host the show. Published by Sarah Stoddart.
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