If you’re thinking about purchasing new equipment for your independent pharmacy, Ollin Sykes of Sykes & Company P.A. has tips about what to watch out for. There are lease and financing agreements out there that can effectively stick you with much higher interest rates than necessary. Learn what to watch out for, when to involve financial professionals, and what to think about in terms of your taxes.

Want to learn more about buying a pharmacy? Watch “Best Business Structures for New Pharmacies.”