Classic Video: When a Pharmacy Sale is a Bad Idea
Sykes & Company PA is involved in many pharmacy transitions, in this video Ollin Sykes talks about problems and trouble issues going into transactions. He explains why it’s dangerous to fall in love with a particular pharmacy and why transactions need to be set up for maximum tax benefit.
With real-life examples, Ollin details how it can cost hundreds of thousands of dollars in a transaction if you’re emotionally tied into the transaction. He also addresses when you need to hire experts in order to stay out of trouble while buying or selling a pharmacy.
