Grow Your Pharmacy Business This Year
Go behind the scenes of pharmacy accounting and plan for a year of growth. Ollin Sykes and Scotty Sykes deliver their popular presentation “The Unaccountable Pharmacy: Accounting and Tax Strategies for Retail Pharmacies.” During this previously-recorded webinar you’ll learn: Why quality accounting …
Spot a Hacked Email or Bad Website
In this video, IT expert Chris Sykes advises that bad emails and websites are the most common attacks (vectors) for hackers to breach business systems. Learn what hackers are looking for and how to spot a bad email — improving your user …
Master the Margin: Financing in a Pandemic
Learn what you need to know about financing during a pandemic. Your patients depend on you and understanding your operational needs and available financing solutions may make all the difference as you continue serving your community through this challenging time. In this …
Master the Margin: The ROI of Adherence Packaging Automation
Adherence packaging automation can increase revenue and reduce costs in your independent pharmacy while improving patient health. In this webinar, William Holmes of RxSafe LLC, Tyler Young of Roberta Pharmacies, Ollin Sykes and Bonnie Bond discussed the following: Profitability before RapidPakRx Profitability after RapidPakRx Profitability …
Protect You and Your Pharmacy: The Growing Threat of Ransomware
There are practices you can take in your independent pharmacy to protect your sensitive data and systems from the growing threat of ransomware. Chris Sykes, IT Director at Sykes & Company, P.A., provides an overview of those risk management practices for your …
Engaging Patients by Marketing With Social Media
Independent pharmacy owners are finding success with social media platforms to inform and attract new patients. Social media can be used to share accurate health information, but also to build a health care community. You can promote your pharmacy products and services …
Personal Financial Planning for the Pharmacy Owner
We have had great interest in our Master the Margin webinar about Personal Financial Planning for the Pharmacy Owner. Our guests were Elizabeth A. Delude, CFA® and Walker W. Phillips, CFP®, CIMA® who are portfolio managers for Palladium Registered Investment Advisors. In …
How Can KPIs be a Predictor of Cash Flow?
Do you know which key performance indicators (KPI) are the best predictors of cash flows? In this video, Ollin Sykes of Sykes & Company, P.A. explains how a pharmacy’s biggest KPI is the current ratio which should be in 2.5 to 3.5 …
Delegating Office Work to Your Pharmacy Team
An independent pharmacy owner needs to focus on the business by exploring new business opportunities and caring for patients, but too often the pharmacist is spending time with payroll and bills. Delegating certain tasks to a tech or other staff member can …
Cloud Based Accounting for Pharmacies
The most successful independent pharmacies are taking full advantage of accounting innovation. Scotty Sykes of Sykes & Company, P.A. shared with America’s Pharmacist how today’s accounting systems can help pharmacies address the challenges they are facing, such as cash flow issues, tax and regulatory …