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  Frank Sirianni BEc(hon) MEc

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Medici Express - Indicative Valuations
Wednesday, 5 July 2006

Have you ever wanted to check the value of your pharmacy?
Now you can do it online!

Considering retirement, bringing in another business partner? Or are you looking for a partnership opportunity? Are you preparing legal documents that require business values? Or are you just curious about the value of your business? How can you obtain this?

Medici Capital's pharmacy valuations are a prime resource to pharmacists in identifying the value of a pharmacy. However, often such an in-depth analysis of the business is not required.

Often pharmacists need only an indication of the value of the pharmacy - a calculated approximation of the value of the business. Whether due to curiosity or limited available information for analysis, the Medici Express Indicative Valuation System has been developed by leading valuer, Frank Sirianni and the team at Medici Capital, and can provide the answer to your question - how much is this business worth?

The following steps will lead you through the details of how Medici Express can help you:

  • What the system does?
  • Using the system?
  • What do I need?
  • How do I start?

1. What the system does?
From the information entered in the system, the system will produce a commentated analysis of the performance of the business along with an indication of the market value of the business, within 24 hours of the submission of the data. This means that you know what your business is worth quickly, conveniently and most importantly, without the additional costs of acquiring and analysing more descriptive data.

2. Using the system?
The system is easy to use. Operating off the Internet means that it acts in real time - you submit a valuation and we receive it instantaneously. Likewise, we process a valuation and you receive it instantaneously. In fact we guarantee you that your indicative valuation assessment report will be returned to you within 24hours of you submitting your figures to us.

Each user has an individual portal that contains a list of all valuations in process, submitted for processing and completed valuation assessments. Which means that you can manage all your valuations easily and conveniently.

Furthermore, the system keeps a track of all your valuation assessments so that the report can be reproduced at your leisure.

3. What do I need?
To conduct an indicative valuation requires the following information:

  • One year's Profit and Loss Statement;
  • Shop Size of the business;
  • Operating Hours;
  • Staff Hours;
  • Pharmacy Location; and
  • An idea of future prospects.

4. How do I start?
To begin using the system, click here (http://express.medici.com.au).

and select "Register to use this site". Enter your details and click on the "Register" button to proceed.

Once this has been done, using the username and password that you entered to register, log onto the system.

This system has been developed by Frank Sirianni to assist pharmacists in the management of the pharmacy asset and enable quick access to relevant and up-to-date information and analysis.



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