Financial Backing

Published Mon, May 25 2009 2:43pm by Frank Sirianni

What legal issues come into play when a pharmacist purchases a pharmacy with the financial backing of another who is not a pharmacist? What sort of business structure would be appropriate to avoid any legal "ownership" issues arising from such a situation? Thanks

This requires legal advice.

A non-pharmacist cannot have a pecuniary interest in a pharmacy. However, they may provide 'financial backing' in the same way a bank can provide financial support.

Call Medici Capital to discuss.

Medici Capital: pharmacy specialists in finance, management consulting and valuations.

0 Comments

Leave a comment

Your email address will not be visible or shared.


Share This

Twitter Facebook

Rate This Article

Tags

Survey

How have the April 1 PBS changes affected your pharmacy's overall profit?





Medici Events

Pharmacy Ownership Ready Conference

This event is a Conference event for Pharmacists

Women's Pharmacy Golf Day

This event is a Discussion event for Pharmacists and Industry Personnel

Pharmacy Study Tour

This event is a Conference event for Pharmacists

Pharmacy Connect

This event is a Conference event for Pharmacists, pharmacy managers & students

Pharmacy Snow Business Conference

This event is a Conference event for Pharmacists