Stock Verses Asset Purchase: Pros and Cons
In this whitepaper, prepared for Sykes & Company, P.A., Jeffery S. Baird, Esq., from the Health Care Group of Brown & Fortunato, P.C., an Amarillo, Texas law firm, discusses the pros and cons of acquiring a pharmacy utilizing a stock purchase verses …
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 …
Do These Two Things Before Selling a Pharmacy
If you’re looking to sell your pharmacy, there are two steps to consider before listing the pharmacy for sale. In this video, Ollin Sykes, CPA discusses the importance of having your accounting system in order to ensure accurate financial information. The second …
Big Box Purchase Offers: Considerations Before You Buy
Purchase offers received from big box retailers can look very appealing. Before signing, pharmacy owners need to consider important factors, such as inventory, prescription files and goodwill. Ollin Sykes highlights these key factors and discusses how to decipher if a purchase offer …
Big Box Purchase Offers: Advisors You Need
Independent pharmacy owners have a lot to consider when receiving purchase offers. Ollin Sykes discusses the importance of two professional advisors that independent pharmacy owners will want to connect with when receiving offers to sell the pharmacy. Watch this video to learn …
How to Maximize your Pharmacy’s Value for a Sale
Selling a pharmacy is a process that requires planning and strategy to maximize the value. In this video, Scotty Sykes of Sykes & Company, P.A. discusses some of the things you should do now to maximize the value of your pharmacy for …
Selecting Advisory Services for Selling a Pharmacy Business
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 helping you sell your pharmacy. This video highlights the preparation that should take …
Pharmacy Selling Options: Asset Sale vs. Common Stock Sale
When selling an independent pharmacy, a determination needs to be made about whether it will be an asset or common stock sale transaction. Mitigating your tax obligation in a sale takes planning and your entity status will be a factor in that …
The Latest Issues in Selling a Pharmacy
What are the latest issues in selling that independent pharmacy owners should be aware of? Ollin Sykes, CPA, shares why positioning your pharmacy for a sale should be done a few years in advance. This goes beyond just your monthly accounting and …
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