Independent Pharmacy Accounting

Cash Flow Management Tips for When Money is Tight

On Oct. 18, 2014, Ollin Sykes is presenting at the NCPA convention about cash flow tips and other accounting solutions. In this video he gives a brief overview of what he’ll be covering and previews a few of the tips and ideas that will be discussed during this presentation.

Read the full description here:

Learning objectives for attendees include:
• Explaining what you should be looking for in your review of monthly balance sheets for your pharmacy, to better manage your cash flow.
• Describing the relation between the balance sheet and the profit and loss statement and how these numbers affect your short and long term opportunities.
• Differentiating the key financial numbers you should focus on to better understand your pharmacy on a month by month basis.

How does an independent pharmacy owner manage labor costs? Find out by watching this video.

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