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Let’s break down the exact steps you can take to ensure your year ends on a high note and your pharmacy is ready to thrive in 2025. Optimize Your Tax Situation: Talk to your accountant about potential end-of-year tax strategies, like prepaying expenses for 2025 or making investments in new equipment that can be depreciated.
Step 2: Conduct a Thorough Pharmacy InventoryAudit Next, audit your entire pharmacy inventory to identify what should stay, go, or be reordered. How to Conduct an Audit: Categorize Prescription Inventory by Expiry: I suggest using colored stickers to help identify bottles that are getting close to expiring.
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