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6 accounting issues pharmacist-owners face when selling
There are good business reasons to adopt sound accounting practices. Detailed, exact books can help you assess your pharmacy’s financial performance and find areas of strength, weakness, opportunity and risk. They also make your life a lot easier when you have to deal with regulators, tax authorities or financial institutions. But they are absolutely essential when you want to sell your business for a good price. -
The green light on predictable pharmacy and pharmacy success
Your job is to create the systems and structures paired with people and resources that shift the balance of your prescription count as far to the predictable side as possible. Invest time and energy into knowing your patients and predicting what they need, when they need it and constantly scan for patient groups that can be standardized like synchronizing your monthly injectables and monthly blister co-pays.