Trends in Independent Pharmacy Ownership – Live from NCPA 2023: The Sykes Bottom Line Pharmacy Podcast
Are you looking to stay up to date on the latest trends in independent pharmacy ownership? In this episode of The Sykes Bottom Line Pharmacy Podcast, we’re coming to you live from the NCPA conference for our first ever live podcast! Sit …
Classic Video: Business Structures for Independent Pharmacies
In this video blog, Ollin Sykes of Sykes & Company, P.A., details various business structures used by independent pharmacies. He talks about why, if you own or are thinking about buying a pharmacy, you need to think five to ten years in …
Classic Video: Key Considerations Before Starting up a Pharmacy
If you want to own a pharmacy and haven’t found one to buy, what research will help you know where to start up a new pharmacy? Ollin Sykes answers this question and talks about common mistakes he’s seen with startup pharmacies. From …
Classic Video: Key Mistakes in Buying a Pharmacy
This is a classic video by Ollin Sykes. View our most recent video on key mistakes when buying a pharmacy. Working with current and future independent pharmacy owners, Ollin Sykes has a keen view into the mistakes that can happen when buying …
How to Buy a Pharmacy Business Series: Investigate the Financials
In this first video of our How to Buy a Pharmacy Business Series, we discuss why it’s important to conduct thorough due diligence when buying a pharmacy business. Ollin Sykes, CPA, and Kathy Blanchard of Sykes & Company, P.A. discuss the importance …
Classic Video: A New Way To Buy a Pharmacy
If you’re looking to buy a pharmacy, seller financing or regional bank financing aren’t your only options. In this video, Ollin Sykes talks about the new choices available when buying a pharmacy, particularly obtaining a loan from a bank that specializes in …
How to Buy a Pharmacy Business Series: Benefits and Payroll Issues
Payroll related expenses are the second largest expense in an independent pharmacy. A thorough review and understanding of this area is critical in any purchase. In this video, Ollin Sykes, CPA, and Kathy Blanchard of Sykes & Company, P.A. discuss some of …
How to Buy a Pharmacy Business Series: Identify Accounting Red Flags
Accounting and tax red flags can be a sign to exercise caution and dig deeper when you are buying a pharmacy. A comprehensive review of the pharmacy accounting and tax records is critical in any purchase. In this video, Ollin Sykes, CPA, …
Classic Video: Trends in Buying a Pharmacy
In this video, pharmacy accountant Ollin Sykes, CPA discusses trends in buying a pharmacy. If you are interested in becoming a pharmacy owner or expanding your existing pharmacies, we encourage you to watch this video. …
336(e) Common Stock Purchase for Pharmacy Owners
A 336(e) common stock purchase has many advantages for pharmacy owners, but it is a very complex topic. In this video, Ollin Sykes, CPA, and Bonnie Bond, CPA, discuss the benefits of a 336(e) common stock purchase. They highlight the advantages to …