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Showing 1 to 5 of 37 articles related to "financial".

Financial Backing

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

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Buying a Pharmacy - Sequence of Actions

What is the sequence of actions I should take if I need finance to buy a pharmacy — should I talk to my bank manager first (to find out what financial limits I face) or is it better to go to the Bank with a deal in mind?

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Pharmacy Trends

Based upon historical economic trends, pharmacy operates with three known 'facts' of business life:

All pharmacies are different. There's no such thing as an average pharmacy. Most pharmacies have sales below the Guild average; Gross Margins are declining; and Pharmacy is increasingly reliant on prescriptions (and therefore less reliant on retail sales) as a revenue source.

The three key expenses for most pharmacies are cost of goods sold, salaries and rent. These expenses are generally linked to inflation. These three expenses often account for over 90% of the expenses of the business.

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Financial Pharmacy Management

I need more information on the financial management of a pharmacy?

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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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