Classic Video: Accounting and Tax Strategies for Retail Pharmacies
In this webinar, “The Unaccountable Pharmacy: Accounting and Tax Strategies for Retail Pharmacies,” Ollin Sykes and Scotty Sykes take you behind the scenes for a detailed look at pharmacy accounting. See the numbers you should be tracking (with the help of your …
Classic Video: Managing Payroll Costs in Your Independent Pharmacy
Your payroll percentage is a crucial component of your pharmacy’s bottom line net income. In this video, Scotty Sykes of Sykes & Company, P.A., talks about how to get your payroll cost in line with industry standards and best practices. He looks …
Classic Video: Gross Margin Expansion Ideas Updated
What’s the single most important aspect of operating your pharmacy profitably in 2016 and beyond? In this video, Ollin Sykes adds to his popular “Gross Margin Expansion Ideas” video (https://youtu.be/7j_mD0dJ1Do) with a new tip that’s crucial in a world of shrinking pharmacy …
Classic Video: How Do Changes from Brand to Generic Affect My Pharmacy
In this video Ollin Sykes talks about where independent pharmacies should be in terms of generic pricing gross margins and percentage of generic fills. He gives an example of how a change in price from brand to generic fits into the larger …
Classic Video: 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 …
Classic Video: 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 …
Classic Video: One Powerful Pharmacy Growth Strategy
In this video, Ollin Sykes talks about an inexpensive technology that’s proliferating in the independent pharmacy industry and driving significant growth. It helps pharmacy owners to plan better cash flow, maximize inventory and serve their customers better. Find out more in this …