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Time Bucketing is Magic for Independent Pharmacy Owners

DiversifyRx

Create time buckets for when you are in the pharmacy to help control your day. We have a proven Pharmacy Profit Roadmap and an experienced team to help you reach your goals. The post Time Bucketing is Magic for Independent Pharmacy Owners first appeared on DiversifyRx.

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What Makes A Independent Pharmacy Expert?

DiversifyRx

I have seen a growing trend of this behavior in the small independent pharmacy niche. Over the years, I have learned a lot about independent pharmacy, the over-the-top unfairness that the industry experiences, and the loving nature of almost every single pharmacy owner I get the opportunity to work with.

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Point of Care Testing: Increasing Your Pharmacy Profit

DiversifyRx

We firmly believe that every independent pharmacy should offer testing services. We share some of our most popular resources and tools to get your point-of-care testing going in your pharmacy, even if you’re not a Pharmacy Badass University member. No book today. November is when peak testing season starts.

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Pharmacy Valuation: The Power of Add-backs

DiversifyRx

Financials for taxes are a bit different than financials when calculating a pharmacy valuation. I am in no way saying to cook the books. However, for pharmacy valuations, the buyer wants to understand the true cash flow and operational profitability of the pharmacy. Now, technically, the financials are the same.

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Tax Savings For Pharmacy Owners

DiversifyRx

Also, ensure any bonuses you give employees are tracked through your books so you can deduct those expenses. Employee recognition and appreciation events Consider setting up a 401(k) plan for your employees. Not only is it a great benefit, but your contributions as an employer are tax-deductible.

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TRANSITION INTO PHARMA AND PHARMA-RELATED FIELDS

The Happy PharmD

If you want to learn more about how The Happy PharmD can help you make that career transition, click here to book a free assessment with a coach. . A brief journey of our guests in the pharmacy. Anna graduated from pharmacy school and worked in retail for four years. From there, he moved to a tech startup.

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Pharmacy Profit Summit Speaker Highlights 2022 Day 1

DiversifyRx

As the CEO of RxSafe, Bill Holmes is focused on improving operational and financial performance for independent pharmacies. RxSafe has partnered with GeriMed to make it easier for pharmacies to develop a Medical-At-Home niche. Lisa Faast – Video Marketing For Increased Pharmacy Profits.