Congratulations, you’re starting a pharmacy. Or, you’re ready to add a new pharmacy location. Before you start improving patients’ lives, you need a building. Selecting the best pharmacy location may…
Business
7 Unexpected Ways Your Pharmacy Is Bleeding Profit
Your pharmacy business could be bleeding and you don’t even know it. And you might never know it. Over time, a little profit seeps out, slowly dissolving your bottom line. …
10 Big Negotiating Mistakes Pharmacies Should Avoid
Negotiating intimidates the best of us. One wrong move can lower your margins or cost you customers. As an independent community pharmacy owner or manager, you’re negotiating all the time.…
Do You Want to Be Busier or More Profitable?
When you want to increase revenue at your independent community pharmacy, you probably focus on acquiring new patients and filling more scripts. But you have other options to boost revenue…
How to Refocus Your Pharmacy Business Strategy
Don’t let a lack of focus on your pharmacy business strategy slowly bleed precious profit from your business. Refocus on your core strategy with these tips.
A Creative Approach: How Pharmacies Can Stay Relevant in Today’s Health Care Marketplace
If you’re just traditional, you’re essentially dead, said Jake Galdo, Pharm.D., BCPS, CGP, assistant professor and director of the community pharmacy residency program at the McWhorter School of Pharmacy at…
Top 10 Pharmacy Accounting Questions to Ask Your CPA
It’s well into the new year and if you’re like most independent community pharmacy owners, you’re waiting for your CPA to tell you how your pharmacy performed last year and…
Are You Afraid of Failing? (And How That Fear Can Get in the Way of Your Pharmacy’s Success)
Picture this: You’re considering adding a new service offering at your pharmacy, such as immunizations, in order to reach more patients. But, you’re afraid of what it will mean for…
What’s the Hardest Decision You’ve Had to Make for Your Independent Pharmacy?
What if you were faced with the decision of closing one of your independent community pharmacy’s locations? Now that’s a tough decision. How do you react? Whether it’s deciding to…
7 Habits that Stifle Innovation in Independent Pharmacies
Innovation isn’t just having a new idea. Innovation happens when there’s a change from the way things were previously done. And, although factors, such as stiff competition and limited budgets,…
5 Lies You Tell Yourself That Can Damage Your Independent Pharmacy
We all lie to ourselves at one point or another, but when it comes to your pharmacy business, lying to yourself can be destructive. These lies usually stem from reactions…
How to Select the Best Pharmacy Location
Congratulations, you’re starting a pharmacy. Or, you’re ready to add a new pharmacy location. Before you start improving patients’ lives, you need a building. Selecting the best pharmacy location may…
7 Unexpected Ways Your Pharmacy Is Bleeding Profit
Your pharmacy business could be bleeding and you don’t even know it. And you might never know it. Over time, a little profit seeps out, slowly dissolving your bottom line. …
10 Big Negotiating Mistakes Pharmacies Should Avoid
Negotiating intimidates the best of us. One wrong move can lower your margins or cost you customers. As an independent community pharmacy owner or manager, you’re negotiating all the time.…
Do You Want to Be Busier or More Profitable?
When you want to increase revenue at your independent community pharmacy, you probably focus on acquiring new patients and filling more scripts. But you have other options to boost revenue…
How to Refocus Your Pharmacy Business Strategy
Don’t let a lack of focus on your pharmacy business strategy slowly bleed precious profit from your business. Refocus on your core strategy with these tips.
A Creative Approach: How Pharmacies Can Stay Relevant in Today’s Health Care Marketplace
If you’re just traditional, you’re essentially dead, said Jake Galdo, Pharm.D., BCPS, CGP, assistant professor and director of the community pharmacy residency program at the McWhorter School of Pharmacy at…
Top 10 Pharmacy Accounting Questions to Ask Your CPA
It’s well into the new year and if you’re like most independent community pharmacy owners, you’re waiting for your CPA to tell you how your pharmacy performed last year and…
Are You Afraid of Failing? (And How That Fear Can Get in the Way of Your Pharmacy’s Success)
Picture this: You’re considering adding a new service offering at your pharmacy, such as immunizations, in order to reach more patients. But, you’re afraid of what it will mean for…
What’s the Hardest Decision You’ve Had to Make for Your Independent Pharmacy?
What if you were faced with the decision of closing one of your independent community pharmacy’s locations? Now that’s a tough decision. How do you react? Whether it’s deciding to…
7 Habits that Stifle Innovation in Independent Pharmacies
Innovation isn’t just having a new idea. Innovation happens when there’s a change from the way things were previously done. And, although factors, such as stiff competition and limited budgets,…
5 Lies You Tell Yourself That Can Damage Your Independent Pharmacy
We all lie to ourselves at one point or another, but when it comes to your pharmacy business, lying to yourself can be destructive. These lies usually stem from reactions…