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Most Watched Videos, Buying a Pharmacy, Startup Pharmacies

Classic Video: Best Business Structures for New Pharmacies

September 04, 2014

This is a classic video by Ollin Sykes. View our most recent video on this topic, Types of Business Structures for Pharmacies. If you’re thinking about buying an existing pharmacy or creating a start-up pharmacy, we share tips regarding the best business …

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Buying a Pharmacy

Classic Video: Buying a Pharmacy vs Creating a Startup Pharmacy

February 02, 2017

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 …

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Most Watched Videos, Buying a Pharmacy

Buying a Pharmacy: Your Step-by-Step Process

April 09, 2021

Before you buy a pharmacy, there are steps to take which can help ensure your future purchase is a good investment and business decision. Is this a common stock or asset purchase? Has the wholesaler provided a market analysis? What does the …

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Buying a Pharmacy, Startup Pharmacies

Rollovers for Business Start-Ups (ROBS) for Pharmacies

November 13, 2020

Pharmacists interested in store ownership have a lot of questions about financing. For example, should they use their retirement funds such as in a 401(k) or IRA? Typically, you will pay significant penalties and taxes for early withdrawal, but a Rollovers for …

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Independent Pharmacy Accounting, Buying a Pharmacy

How to Buy a Pharmacy Business Series: What Inventory Can Tell You

June 12, 2020

When you are buying a pharmacy, the listed value of inventory may not be what it seems. You will want to investigate a seller’s perpetual inventory system and find out what is on the shelf, how much is on the shelf, how …

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Buying a Pharmacy

Selecting Advisory Services for Buying a Pharmacy Business

October 03, 2019

How do advisors support a successful process from start-up through growth and in transitions?In this video, Ollin Sykes, CPA, discusses the role that pharmacy specific advisors play in your pharmacy purchase. Learn why you need a team working with you towards a …

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Buying a Pharmacy

Business Aspects of Buying and Owning a Pharmacy

May 20, 2016

When you’re thinking about buying a pharmacy, it can be easy to romanticize pharmacy ownership. In this video, Ollin Sykes talks about the pros and cons of owning a pharmacy in your hometown. He also addresses the problems with continuing to run …

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Buying a Pharmacy

Pharmacy Purchase Options: Asset Purchase vs. Common Stock Purchase

January 10, 2019

When buying an independent pharmacy, you need to determine whether to make an asset purchase or common stock purchase. Most transactions in the industry are an asset purchase. In this video, Ollin Sykes of Sykes & Company, P.A. explains some of the …

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Buying a Pharmacy

Differences Between Pharmacy Asset Purchase vs. Stock Purchase

September 21, 2018

Scott Sykes, CPA, provides a quick introduction to the nuances of an asset purchase vs. a stock purchase when buying a pharmacy, as well as the pitfalls to consider with either option. While asset purchases can often take longer to close and …

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