Classic Video: The Worst Mistakes in Startup Pharmacies
This is a classic video by Ollin Sykes. View our most recent video on mistakes made by startup pharmacies. Working with independent pharmacies across the country, Ollin Sykes has seen his share of mistakes and worst case scenarios. In this video he …
Pharmacy Start-up Costs: Leases/Facility Planning
Pharmacy start-up costs can mount quickly if not carefully monitored. It is important to carefully consider the terms of the lease and conduct thoughtful facility planning when opening a new independent pharmacy. In this video, Ollin Sykes, CPA and Bonnie Bond, CPA …
Classic Video: Best Business Structures for New Pharmacies
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 …
Classic Video: What Are Startup Pharmacy Costs?
This is a classic video by Ollin Sykes. View our most recent videos on this topic. If you want to open a startup pharmacy, you may be surprised at all of the costs involved. In this video, Ollin answers questions including: How …
Opening a Start-Up Pharmacy: Your Step-by-Step Process
There are many factors to consider to make your start-up pharmacy successful. Pharmacy CPA, Ollin Sykes, discusses the importance of a business plan and market analysis. This plan should include sales, profit and cash flow projections. Once this is complete, make sure …
Financing During a Pandemic Part 2
Financing options during a pandemic are more complex, but also more numerous for small business owners, including independent pharmacy owners. In this recorded webinar with hosts Ollin Sykes, CPA.CITP and Scotty Sykes, CPA, CFP®, you will learn about government subsidies available for …
Pharmacy Start-Up Costs: Biggest Mistakes in Year One
Start-up pharmacists must pay full attention to getting patients and customers in the door and building relationships with prescribers. Keeping cash flow positive is job one, especially in the first six months of your start-up. The start-up pharmacist can achieve this by …
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