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Ep 33 - Subleasing Success: Key points for pharmacy owners
In this episode of the Calm the Pharm podcast, host Sarah Stoddart discusses the critical aspects of subleasing for pharmacy owners in Australia. She emphasises that most pharmacy businesses operate under a lease agreement, typically with a third-party landlord or through ownership via structures like self-managed superannuation funds. The focus here is on understanding the complexities and legalities of subleasing to a third party tenant.
The podcast underscores the importance of a legal and structured approach to subleasing in the pharmacy business. Owners need to ensure compliance with their head lease, prepare the necessary documentation, and understand the implications of subleasing agreements thoroughly.
By providing these insights, the episode aims to empower pharmacy business owners to navigate the complexities of subleasing confidently and legally.
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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By Sarah StoddartIn this episode of the Calm the Pharm podcast, host Sarah Stoddart discusses the critical aspects of subleasing for pharmacy owners in Australia. She emphasises that most pharmacy businesses operate under a lease agreement, typically with a third-party landlord or through ownership via structures like self-managed superannuation funds. The focus here is on understanding the complexities and legalities of subleasing to a third party tenant.
The podcast underscores the importance of a legal and structured approach to subleasing in the pharmacy business. Owners need to ensure compliance with their head lease, prepare the necessary documentation, and understand the implications of subleasing agreements thoroughly.
By providing these insights, the episode aims to empower pharmacy business owners to navigate the complexities of subleasing confidently and legally.
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/