Working with independent pharmacies across the country, Ollin Sykes has seen his share of mistakes and worst case scenarios. In this video he talks about why pharmacists think they’re going to be a success with a startup and fail — and what startup pharmacies need to be successful. He details the number of scripts your startup needs to fill each day to make a profit rather than draining your cash reserves. He talks about the kinds of loans to avoid and gives an overview of the biggest issues Sykes & Company sees as pharmacy accountants.

Watch “Buying a Pharmacy vs Creating a Startup Pharmacy”