Sykes & Company, P.A. delivers business intelligence for pharmacies across the country, helping pharmacists reach more patients and increase profits. When your internal accounting processes, including inventory controls and third-party reconciliations, are aligned with proven methods for outpacing national averages, you are positioned for greater success and an enhanced quality of life.
NATIONAL PHARMACY CPA SERVICES
Find out what working with an experienced pharmacy advisory and accounting team has done for our clients. Whether they bought their pharmacy recently or have owned it for decades, working with Sykes & Company helps them know where they stand so they can grow and plan for the future.
Eric Shoffner, Gammel’s Clinic Pharmacy, firm relationship since 2018
“We are clients of Sykes & Company, P.A. So I can say this first hand, using their services will bring your pharmacy up to speed as a first-in-class data juggernaut. I cannot stress enough the importance of knowing where you stand 24/7. It doesn’t matter if your pharmacy is yet to open or has been in business 100 years. You will be shocked at what Ollin / Scotty and their teams can provide your business. They are the absolute best. Listen to some of their You Tube videos or hear them speak at a function. We are proud of our relationship with Sykes & Company, P.A. and their team. They truly make us better!!!”
Jonas Moretz, former owner of Hickory Family Pharmacy, client 2012-2019
“The best thing they do, frankly, is form that personal relationship with the customer to understand their business inside and out. They knew our pharmacy well by the time I saw the opportunity to sell. I wanted to work until I was 70, but I didn’t know how long it would take to sell, so I started looking into it in my late 60s. Because our business was run so well, we ended up with six groups of people who wanted to buy it, and I sold it in 2016.”
Tom DePietro, Owner, DePietro’s Pharmacy, firm relationship since 2017
“The onboarding process with Sykes & Company, P.A. was an eye-opening experience and showed me just how much organization my financials needed. The firm helped me get organized and know exactly what was going on in my pharmacy on a daily basis. The team I work with is an extension of my own team. They understand the industry trends and help me identify the ones that benefit my pharmacy business. I know that without the firm, my pharmacy wouldn’t be where it is today.”
Aimee Stuermer, Owner, Medicine Man Bonners Ferry Pharmacy, LLC, firm relationship since 2015
“Sykes & Company, P.A. has been key for our pharmacy growth every year. Working with an accounting firm that understands DIR fees, compounding and the uniqueness of the pharmacy industry has been key to our success. There is no doubt that they have been the best accounting and tax advisor for my independent pharmacy.”
Kevin Borg, Owner, Potter’s House Apothecary & Wellness, firm relationship since 2018
“During an especially challenging season, Scotty [Sykes] and the team went above and beyond for me and my pharmacy. They didn’t just do the accounting and tax planning; they treated my pharmacy like their own. I had the confidence that they handled everything in my best interests and that trust is worth every penny I pay them. Their accounting and industry knowledge have made all the difference in my pharmacy.”
Gary Russell, Owner, Bluegrass IV Care & Bluegrass Pharmacies, firm relationship since 2017
“Working with Sykes & Company, P.A. has been one of the best things for my pharmacy. They have helped me mitigate my taxes in ways that no other pharmacy advisor has done for me before. My tax burden used to be high but because of some strategic planning, that is no longer the case. I get proactive accounting from the firm and because of that, I know exactly how my pharmacy is doing every day.”
Dr. Benjamin McNabb, Pharmacist/Owner, Love Oak Pharmacy, firm relationship since 2014
“Having the financial oversite and advisory from the team at Sykes & Company has helped me understand what my financials mean and they have provided solutions to optimize my business. They helped me improve inventory management and lower my operating expenses. This means that my pharmacy is more profitable and I have built value into my business. I enjoy the actionable feedback and advice that Ollin and his team provide.”
Julya Friedman, Pharmacist and Owner, GPS Pharmacy, firm relationship since 2015
“When we were buying our pharmacy in 2015, Sykes & Company was there for the entire process. They connected us with all the right people, helping us establish the partnerships vital to our pharmacy business. We wouldn’t be here if they were not advising us from the very beginning.”
Allan Fettig, firm relationship since 2016
“Sykes & Company was a vital part of our pharmacy purchase. Ollin [Sykes] flew out during negotiations and helped significantly during that time. The entire team at the firm knows this unique industry and are willing to answer any of our questions. Their knowledge base for the pharmacy business is second to none.”
Diana Lischin, RPh, Pharmacist/Owner, Coats Pharmacy, firm relationship since 2009
“At a time when I didn’t know if my pharmacy would survive, Sykes and Company provided me with the tools and told me how to turn everything around. They provided a comprehensive review of my pharmacy and a plan. They were honest and very upfront about the hard work that I needed to commit to. Nine years later, I relish that honesty and the relationship that has developed with the team at the firm. They are like family and greet you with a hug.”
“When we bought our pharmacy in 2017, Sykes and Company was instrumental in that process and in getting our accounts set up. They stay informed on all the changes in our industry and proactively help us implement anything that impacts our pharmacy business.”
Alicia Wolfe, Klingensmiths Pharmacy
“There are many community pharmacies out there competing against the big chains. As a chain whose slogan is ‘your neighborly drugstores,” we find that neighborly sentiment when we deal with Sykes & Company. We are a small community pharmacy chain with eight stores. Sykes is attentive to our needs. They understand our strengths and weaknesses; they know where we need extra guidance and the areas we can handle on our own.
Sykes Client Video Testimonials
Nicolette Mathey of Palm Harbor Pharmacy and Atrium24 began working with Sykes & Company, P.A. four years ago beginning with the purchase of her pharmacy. Today the firm manages all the bookkeeping, accounting advisory and tax planning for Nicolette’s independent pharmacy and pharmacy consulting business. The timeliness of financial statements makes the most difference and helps Nicolette to be proactive with her businesses and set monthly goals for her team. The firm believes that they are only successful if their pharmacy clients are successful and this shows in every interaction and communication that Nicolette receives from the team she works with.
When TW Taylor began working with Sykes & Company, P.A. in early 2017, it was to purchase his two pharmacies that make up The Williamsburg Drug Company. After the purchase, TW quickly entrusted the firm with the accounting and greatly values Ollin Sykes’ advice. Working with Sykes & Company, P.A. has given TW the ability to focus on his clients when he is at the pharmacy. He credits much of the rapid growth and profitability of his pharmacy in the last year to Ollin and his team. According to TW, “If you’re not with Ollin, you’re falling behind.”
Cole Sandlin began working with Sykes & Company, P.A. in early 2013 when he and his wife were preparing to purchase their first pharmacy, Fred’s Pharmacy in Hamilton, Alabama. Cole Sandlin values the relationships, knowledge and thoroughness of the entire team he works with at the firm. They are the first phone call he makes when considering capital purchases, hiring employees and when looking at new pharmacies to purchase. The team at Sykes & Company is proactive and makes the accounting and tax process easy for the owners at Fred’s Pharmacy. “If you are someone who expects the best, then you need to give Ollin Sykes a call. They are, without a doubt, the best pharmacy accounting firm in the United States.”
Tim Finley first contacted Ollin Sykes when he was looking at buying a pharmacy. Working with Sykes & Company reduced the time it took him to buy a pharmacy by months and gave him peace of mind with the day-to-day operations of his business. Through the reports he gets from Sykes, he can make changes in the pharmacy that directly improve his bottom line.
Ken Hardin started in the pharmacy business 40 years ago and has owned as many as six stores at a time. In addition to giving him peace of mind, Sykes & Company helped him through buying out the other half of the pharmacy when his business partner passed away. And they’re helping him prepare to sell his pharmacy to the operations manager in a few years. Learn more about what Sykes & Company provides for Hardin’s Drug in this video.
In business for the last 45 years, Peter Wolfe has seen many bookkeepers and accountants. None of them produced the kinds of reports he’s getting from Sykes & Company. From them he gets the insights he needs to manage his business even more profitably and be “a lot more successful.”