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 …
Mitigating the Tax Burden of Selling a Pharmacy
Thinking about selling your independent pharmacy? Ollin Sykes discusses what you and your pharmacy CPA should consider when looking at the sale of a pharmacy, and how far ahead you need to plan. He also gives a case study of a current …
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 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 …
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 …
How to Find a Buyer for Your Pharmacy
If you’re thinking about selling a pharmacy, you want a good price and a smooth sale. In this short video, Ollin Sykes talks about how independent pharmacy owners can find buyers for their pharmacy. This is specifically helpful if you want to …
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 …
Tax Law Changes Benefit Sale of Pharmacies
If you’re thinking about selling your pharmacy, there’s a tax law change that happened at the end of 2015 that can now significantly decrease your tax burden when you sell. In this video, Ollin Sykes details the change to the waiting period …
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 …
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