Pharmacy Strategies Looking for new pharmacy strategies to increase profits? When you consider there are pharmacies with $3M+ in sales, who are falling into the same hole of declining profits as smaller pharmacies then you know dwindling profits is not a “volume”...
Understanding Valuations Understanding valuations of their pharmacy is essential in the decision-making process for pharmacy owners who are considering selling. People who have purchased a residence are familiar with real estate appraisals. With a pharmacy...
Using Multiples in Pharmacy Business Valuations Many people are using a multiples method of valuing pharmacies. Pharmacy business valuations are needed for pharmacy financing, or when purchasing a drug store. During the valuation process a number of variables should...
Valuing Goodwill of a Pharmacy Business Goodwill is part of what an independent pharmacy is worth. Tangible assets such as real estate and equipment are easier to value. Intangible assets such as the goodwill of a pharmacy have more latitude for interpretation...
Pharmacy Kiosks Building mini-pharmacies and pharmacy kiosks will be a new trend in the retail pharmacy industry. For as long as pharmacies have been around, consumers have been accustomed to receiving their prescriptions from a pharmacist, behind a counter, in a...
