How much can an independent pharmacy change by implementing an up-to-date accounting system and working with accountants who know pharmacies? In this video, Ollin Sykes of Sykes & Company, P.A., gives an example of a pharmacy that went from near bankruptcy to raising their margins 7-8 percent. From tightening down on payroll to fixing her pricing, find out how this independent pharmacy owner turned her store around.

Want your own gross margins success story? Here are two quick fixes to boost margins.