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 …
When a Pharmacy Sale is a Bad Idea
Sykes & Company PA is involved in many pharmacy transitions, in this video Ollin Sykes talks about problems and trouble issues going into transactions. He explains why it’s dangerous to fall in love with a particular pharmacy and why transactions need to …
Staying out of Trouble During a Pharmacy Sale
During the sale of an independent pharmacy, the seller and buyer can find themselves in very different positions—each with their own trouble spots. In this video, Ollin talks about what each side of the sale is focused on. You’ll learn about the …
When to Sell a Pharmacy
In this video, Ollin Sykes of Sykes & Company P.A. talks about how to set up the sale of your pharmacy to meet your goals. He discusses not only when to sell, but how to prepare and how to sell. You’ll find …
Roadblocks to selling or buying a pharmacy
Even with a motivated seller and buyer, a pharmacy sale can lag because of specific tax and accounting issues. In this video, Ollin Sykes talks about cases he’s seen where the buyer or seller hit a significant roadblock. He also details what …
The Wrong Way to Sell A Pharmacy
There is a worst way to sell your pharmacy. In this video, Ollin Sykes details what it is and actionable steps you can take to avoid it. You’ll also learn what buyers are expecting to see and what data will show them …
Selling Your Pharmacy
Ollin Sykes of Sykes & Company, P.A. is speaking as part of the afternoon-long class “Selling Your Pharmacy: Planning for Success” at the NCPA Convention, Oct. 18-20, 2014. As the NCPA explains, “Selling your pharmacy is an important event that with the …
When I want to sell my pharmacy, are there hidden fees?
Continuing our series of answers of common questions from the NCPA Ownership Workshop in May, Ollin Sykes of Sykes & Company P.A. talks about the fees associated with selling your pharmacy. What do you need to ask about and what do you …
How does my credit score affect the sale of my pharmacy?
Have you ever wondered what impact your credit score will have when you go to sell your independent pharmacy? This next video in our series of common questions from the NCPA Ownership Workshop in May answers that question and addresses other considerations …
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 …
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