Author: Mark Wishart

Buyer Frustrations: Daily, I’m talking to multiple pharmacists, some looking to sell and even more looking to buy. Most pharmacists understand that it is a seller’s market, and if they are buying, they will probably have to pay a premium to secure the right pharmacy. What is most frustrating for so many buyers is they don’t get the chance to compete for some opportunities due to off-market sales. Therefore, I have a lot of buyers asking me what we have off-market. What Is an Off-Market Sale? An off-market sale is one where a pharmacy changes hands without being made available…

My favourite business saying is that change equals opportunity, you just have to find it. Retirement is no different, it’s another opportunity! You’ve spent decades balancing prescriptions, people, and profit, so when the time comes to step back, the transition can be both exciting and unsettling. While most pharmacists know to speak with their accountant or financial adviser about superannuation, tax, and lifestyle funding, the emotional and practical dimensions of retirement are just as important. Leaving on a High The first golden rule is to plan early. A well-planned exit allows you to hand over the reins while your energy levels and the business…