BUYING/SELLING a pharmacy guide: Buying a pharmacy is a major investment and the need for careful and considered steps in preparing to enter pharmacy ownership is critical to the long-term success of such a venture.
Likewise, selling a pharmacy needs careful planning and thought to ensure the best outcomes.
To help pharmacy owners and prospective pharmacy owners the Pharmacy Guild has updated its invaluable Buying and Selling a Pharmacy Guide.
This Guide outlines a seven-step guide on the process for pharmacists who may be buying or selling their pharmacy, from finding the right pharmacy to purchase, through to considerations such as pharmacy management, financial and legals.
The Guide provides advice on practically every aspect of establishing and running a pharmacy business from market research, ownership structures and small business management, right through to information and business technology systems, appointing an agent and financial and legal considerations.
The guide is a free resource for Guild members and can be purchased by non-members. Click here to access.
The above article was sent to subscribers in Pharmacy Daily's issue from 08 Dec 20
To see the full newsletter, see the embedded issue below or CLICK HERE to download Pharmacy Daily from 08 Dec 20