Author: Chris Swifte

Succession planning is one of the most important considerations for pharmacy owners. Beyond simply maintaining day-to-day operations, it’s about securing the long-term success of your business and empowering the next generation of leaders to continue its legacy. As a pharmacy owner, you may be wondering: When is the right time to think about succession planning? Who can I trust to lead my business forward? What steps do I need to take to ensure a smooth transition? Drawing on my experience in the pharmacy industry, I’ve seen both the triumphs and challenges of succession planning. Whether you’re just starting to consider…

Throughout my years in business and in life, I have always believed that relationships are the cornerstone of success. Whether working with clients, partners, or team members, I find that building and nurturing strong relationships is not only vital for long-term achievement but also brings a sense of fulfillment. Early in my career, I adopted the mindset that every interaction—whether present or future—should be as positive as possible. I’d now like to share some practical tips I’ve learned along the way to help you strengthen your professional relationships, ensuring that trust, collaboration, and mutual respect remain at the heart of…

It can happen sometimes—a random call or approach: “I want to buy your pharmacy.” I hear this from time to time, and it prompted me to write an article to share some of my ideas and give some food for thought. You have received a call, and someone wants to make a direct offer to purchase your business. It all sounds good, but is it the best way to get a market-based result for selling the business you have worked so hard on? Receiving an approach can be thought-provoking; you have a number of factors to consider. Do you want…