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Should you Finance with a Credit Union?

Opening a new, independent pharmacy can be exciting. Reinventing your current pharmacy can be equally thrilling. However, the time and energy – and cash – these projects require can be…

Freshen Up Your Front-End Product Mix

Tried-and-true products probably dominate your pharmacy’s front-end sales, but if you want to remain profitable, you can’t rely completely on your old standbys.  Patients’ tastes and desires change over time,…

What Is Your Pharmacy’s Credit Score?

There’s a single number that can have a big impact on your pharmacy’s business: its credit score.  Just like individuals, businesses are awarded a credit score based on their financial…

Refresh Your Pharmacy With a Remodel

When your pharmacy first opened its doors, it was probably decked out with the era’s most stylish decor. But after two or three decades, those once-stylish features may now read…

Choosing the Right Accounting Method

When you keep track of transactions in your independent pharmacy, you have a choice between two accounting methods: the accrual method and the cash-basis method. “Timing is one of the…

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