You became a pharmacist because you wanted to help patients. What you probably didn’t count on is all the small tasks that, while necessary to keep your business afloat, distract…
Business
Choosing a Niche: 5 Things for Your Pharmacy to Consider
By now every pharmacy owner knows it takes a lot more than dispensing medications to sustain your business. Increasing vertical integration and sky-rocketing DIR fees are forcing pharmacies to pivot…
Risk Management Strategies for Small Businesses
Learn how to identify and mitigate risks from the Distinguished Professor and director of the risk management and insurance program at East Carolina University.
Accountant or Financial Planner: Who Should Manage Your Money?
Both accountants and financial planners can help, but who you turn to depends on the kind of advice you need.
How to Craft a Profitable Return Policy
After a patient makes a purchase at the pharmacy, you hope they go home and are 100 percent satisfied. But sometimes, that’s not the case. Patients might purchase too much…
Time Management Techniques From Successful CEOs
Harvard researchers reveal how top executives divide their limited time to conquer their limitless responsibilities.
How to Calculate Opportunity Costs for Your Pharmacy
Every time you make a choice and reap the benefits that come along with it, you forego the benefits of the choice that you don’t make. But how do you calculate…
Pharmacy Financials 101: Gross Profit vs. Net Income
Gross profit and net income give important insights into your pharmacy’s profitability and long-term sustainability — but these metrics are not interchangeable.
How to Draft a Collaborative Practice Agreement
Until pharmacists achieve provider status, the only way to get paid for a variety of services is through a legal partnership with providers.
How to Perform a Linear Regression Analysis (and Why You Should)
If you are an independent pharmacy owner, you’ve probably heard a lot of buzz about making data-driven decisions. There are many ways you can collect data in your store, like through…
The Four Traits of World-Class Leaders
Leadership might seem like an ineffable skill — you’re either born a good leader, or you aren’t. But according to research, leadership breaks down into a few basic skills that…
11 Ways to Streamline Your Business
You became a pharmacist because you wanted to help patients. What you probably didn’t count on is all the small tasks that, while necessary to keep your business afloat, distract…
Choosing a Niche: 5 Things for Your Pharmacy to Consider
By now every pharmacy owner knows it takes a lot more than dispensing medications to sustain your business. Increasing vertical integration and sky-rocketing DIR fees are forcing pharmacies to pivot…
Risk Management Strategies for Small Businesses
Learn how to identify and mitigate risks from the Distinguished Professor and director of the risk management and insurance program at East Carolina University.
Accountant or Financial Planner: Who Should Manage Your Money?
Both accountants and financial planners can help, but who you turn to depends on the kind of advice you need.
How to Craft a Profitable Return Policy
After a patient makes a purchase at the pharmacy, you hope they go home and are 100 percent satisfied. But sometimes, that’s not the case. Patients might purchase too much…
Time Management Techniques From Successful CEOs
Harvard researchers reveal how top executives divide their limited time to conquer their limitless responsibilities.
How to Calculate Opportunity Costs for Your Pharmacy
Every time you make a choice and reap the benefits that come along with it, you forego the benefits of the choice that you don’t make. But how do you calculate…
Pharmacy Financials 101: Gross Profit vs. Net Income
Gross profit and net income give important insights into your pharmacy’s profitability and long-term sustainability — but these metrics are not interchangeable.
How to Draft a Collaborative Practice Agreement
Until pharmacists achieve provider status, the only way to get paid for a variety of services is through a legal partnership with providers.
How to Perform a Linear Regression Analysis (and Why You Should)
If you are an independent pharmacy owner, you’ve probably heard a lot of buzz about making data-driven decisions. There are many ways you can collect data in your store, like through…
The Four Traits of World-Class Leaders
Leadership might seem like an ineffable skill — you’re either born a good leader, or you aren’t. But according to research, leadership breaks down into a few basic skills that…