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Ep 34 - When the Landlord Changes: Safeguarding your lease
In this episode of the Calm the Pharm podcast, host Sarah Stoddart discusses a critical concern for pharmacy owners: what happens when a landlord sells the property where the pharmacy operates. Many businesses lease their premises, and when ownership changes hands, it can cause anxiety for tenants about the implications for their leases and relationships with new landlords.
To safeguard their pharmacies amidst such transitions, Sarah recommends several strategies.
Ultimately, Sarah encourages pharmacy owners to take proactive steps in understanding and strengthening their leasing agreements to ensure stability, even in the face of property ownership changes. The episode wraps up with an invitation for listener feedback and encourages subscriptions to the podcast for ongoing legal insights specific to pharmacy businesses.
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 a critical concern for pharmacy owners: what happens when a landlord sells the property where the pharmacy operates. Many businesses lease their premises, and when ownership changes hands, it can cause anxiety for tenants about the implications for their leases and relationships with new landlords.
To safeguard their pharmacies amidst such transitions, Sarah recommends several strategies.
Ultimately, Sarah encourages pharmacy owners to take proactive steps in understanding and strengthening their leasing agreements to ensure stability, even in the face of property ownership changes. The episode wraps up with an invitation for listener feedback and encourages subscriptions to the podcast for ongoing legal insights specific to pharmacy businesses.
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/