Common Pharmacy Accounting Mistakes Part 2
Independent Pharmacy CPA Scotty Sykes continues to share the most common mistakes that he sees independent pharmacy owners make with regard to their accounting systems. A lot of times, their payroll costs are too high and they’re not using technology to their …
Sykes Videos Help Pharmacy Student
Ollin Sykes’ library of videos helped pharmacy student Zach Burns get a year’s scholarship at his university. In this guest blog, Zach talks about finding Ollin’s videos and how he used them in presenting a business plan for his future pharmacy. …
Spot a Hacked Email or Bad Website
In this video, IT expert Chris Sykes advises that bad emails and websites are the most common attacks (vectors) for hackers to breach business systems. Learn what hackers are looking for and how to spot a bad email — improving your user …
CARES Act Provider Relief Fund & HHS Stimulus – Uses and Management
By now, pharmacies may have received two distributions from the CARES Act provision known as the Medicare Provider Relief Fund, which allocates automatic stimulus grants to providers that billed Medicare Fee-for-Service (MFFS) in 2019 or have provided COVID-19 related services in 2020. …
Which Version of Quickbooks Should My Pharmacy Be Using
Desktop, online, hosted, Enterprise? How do you know which version of QuickBooks is right for your pharmacy accounting? In this video, Ollin Sykes describes the different options so you’ll know which one is right for your needs. He also warns about using …
Classic Video: Buying a Pharmacy: Am I Paying The Right Price?
In this classic video, Ollin Sykes talks about many factors to consider before buying a pharmacy. A more recent video for this content can be found here: https://www.youtube.com/watch?v=IejiBzNlgoQ Ollin addresses the fact that pharmacists who want to buy a pharmacy are not …
Classic Video: 4 Traits of Successful Independent Pharmacy Owners
This is a classic video by Ollin Sykes. View our most recent video, Traits of Successful Independent Pharmacy Owners. Learn the top four traits in successful pharmacy owners. Whether you already own one or more pharmacies, are thinking about buying a pharmacy …
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 …
