Sales Opportunities

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

If you have done your homework and a thorough due diligence then (within reasonable confidence limits) the business should deliver minimum surprises.

However, possible dangers could include:

• Poorer financial performance than your expectations
• Competitor reaction (testing the new owner)
• Poor leadership and management

The challenge of ownership is to live, learn and anticipate — being mindful of the threats without being fearful of them can be a positive impetus to move you forward in growing the business. Also, have a clear written plan in place listing all the changes and developments you plan to implement once you take control of the pharmacy.