Author: Stuart Ellis
Selling a pharmacy is a significant decision that requires careful consideration of various factors. One crucial aspect to ponder is the method of sale, and while off-market sales may seem discreet and efficient, there are compelling reasons to explore the open market. In this article, I’ll delve into the benefits of opting for an open market sale campaign when selling your pharmacy. In conclusion, while off-market sales are sometimes an appropriate option and may offer a sense of discretion, the benefits of selling a pharmacy on the open market are compelling. From increased exposure and competitive bidding dynamics to professional representation…
Owning your own pharmacy can be an extremely rewarding and fulfilling venture. However, there are many risks and pitfalls that can adversely affect the viability of a pharmacy. This article will outline some of the main risks inherent in community pharmacy and some actions that can be taken to mitigate these risks. A risk to a community pharmacy can be considered as anything that threatens to have a negative impact on the pharmacy. Some risks may be avoided or reduced through pre-emptive action. In order to identify risk in your pharmacy and develop a plan to mitigate them, the following…