Classic Video: Buying a Pharmacy vs Creating a Startup Pharmacy

This is a classic video by Ollin Sykes. View our most recent videos on the step-by-step process to buying a pharmacy and creating a start-up.

With fewer stores to buy, should you startup a pharmacy? Ollin Sykes explains why you should look at buying an existing store first—and the importance of cash flow in thinking about buying vs starting up. He addresses how much cash you need for a startup and potential problems, including cash flow drag. Plus he details the single largest mistake you can make with a startup independent pharmacy. For those looking to buy a pharmacy, he talks about the best way to find a store to buy.

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