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Funding Requirements for A Pharmacy Partnership

My enquiry is about whether the levels of debt in my real estate investments are likely to adversely affect my intentions to buy into a pharmacy partnership. I am currently contemplating whether to use the equity growth in my first investment property and some savings to buy a second property. If I were to do so it I would be borrowing 90% of bank valuation for both properties and would have limited savings left over. My plan would be to continue to patiently wait for a pharmacy partnership to appear and if necessary use some family money (if there is insufficient available equity at the time) to raise the $50-$150k that I’m told is required by the banks to enter the partnership

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Survey Results - 47.9% believe Good and competent employee pharmacists are NOT easy to find

Medici Capital's recent website survey asked: "Good and competent employee pharmacists are easy to find ...". The results are as follows:

Disgaree 47.9%; No change 17.8%; and Agree 34.2%

In light of recent media focus, on employment in pharmacy, the following figures seem to indicate that practitioners are having difficulty in finding good and competent employee pharmacists.

Have your say in the comments section below ...

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Social Networking Sites: Consider What You Post Online

Nowadays it is becoming more common for people to upload content, (both text and multimedia), to external sites - in particular social networking sites such as Facebook and Twitter. But what has started as a trend to keep in contact with others is starting to morph into an online record of who you are and what you've been up to. In the face of job hunting and developing a career, it is important to realise that the content you place online can come back to haunt you.

Recently I noticed the following blog entry from indicating some concerning statistics indicating that employers are using social networking sites to screen potential employees:

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Sales Opportunities

More on: finding sales opportunities! Where are the growth areas or the best areas to buy for a young pharmacist?

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Validating Valuations

Proving that the price and numbers given about a pharmacy are true and correct (i.e. financial due diligence). What to ask for to validate what you have been told by the broker when you think he is painting a "rosy" picture?

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Ask An Expert is an online knowledge base for customers of Medici Capital. The system provides functionality for both financial institutions and health practitioners, providing news, articles, tools and resources.

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Pharmacy Ownership Ready Conference

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