The Entrepreneurial Pharmacy Podcast: What is Due Diligence
Before buying a pharmacy, it’s important that you do your due diligence, but what does due diligence look like? On this episode of The Entrepreneurial Pharmacy Podcast, Ollin Sykes, CPA, CMA, CITP and Scotty Sykes, CPA, CFP discuss everything about Due …
The Entrepreneurial Pharmacy Podcast: How to Buy a Pharmacy
Are you interested in buying a pharmacy but aren’t sure how or where to even start? Often, we get approached by entrepreneurs looking at buying a pharmacy but aren’t sure what kind of pharmacy they are buying and what the difference between …
Trends in Independent Pharmacy Ownership – Live from NCPA 2023: The Sykes Bottom Line Pharmacy Podcast
Are you looking to stay up to date on the latest trends in independent pharmacy ownership? In this episode of The Sykes Bottom Line Pharmacy Podcast, we’re coming to you live from the NCPA conference for our first ever live podcast! Sit …
Powerful Pharmacy Accounting Systems
“Using new cloud-based accounting systems is good for business and patients,” writes our own Scotty Sykes, CPA, CFP® in the November issue of America’s Pharmacist. His article covers: The foundation of accounting systems What outdated accounting systems look like Questions to ask …
Looking to buy a Pharmacy?
When you’re considering buying a pharmacy, it’s important to begin working with a pharmacy accountant and advisor months before the purchase. To help you understand the steps to buying a pharmacy business, we’ve created this collection of videos and our pharmacy buyer’s …
Classic Video: Business Structures for Independent Pharmacies
In this video blog, Ollin Sykes of Sykes & Company, P.A., details various business structures used by independent pharmacies. He talks about why, if you own or are thinking about buying a pharmacy, you need to think five to ten years in …
Classic Video: Key Considerations Before Starting up a Pharmacy
If you want to own a pharmacy and haven’t found one to buy, what research will help you know where to start up a new pharmacy? Ollin Sykes answers this question and talks about common mistakes he’s seen with startup pharmacies. From …
Classic Video: Key Mistakes in Buying a Pharmacy
This is a classic video by Ollin Sykes. View our most recent video on key mistakes when buying a pharmacy. Working with current and future independent pharmacy owners, Ollin Sykes has a keen view into the mistakes that can happen when buying …
How to Buy a Pharmacy Business Series: Investigate the Financials
In this first video of our How to Buy a Pharmacy Business Series, we discuss why it’s important to conduct thorough due diligence when buying a pharmacy business. Ollin Sykes, CPA, and Kathy Blanchard of Sykes & Company, P.A. discuss the importance …
Classic Video: A New Way To Buy a Pharmacy
If you’re looking to buy a pharmacy, seller financing or regional bank financing aren’t your only options. In this video, Ollin Sykes talks about the new choices available when buying a pharmacy, particularly obtaining a loan from a bank that specializes in …