I often hear from young professionals I looking for a business to buy. When I inevitably ask them, what are you looking for?. They seem to always respond - anything.

Wrong answer!

If you do not have a clear picture of what you are looking for, you'll be unlikely to find the right business.

1. Are you ready to buy?

The first step is deciding are you ready to buy?

Not all technically competent professionals will make good business owners. Yo…read more

For many pharmacists, the Holy Grail is to own your own Pharmacy, either singly or in partnership. But forget for a minute the challenge of finding the right one and the process to successful ownership and think about whether this is the right direction for you to take!

Of course buying a good pharmacy can lead to incredible rewards, financially, professionally and emotionally. However if it is not to be, there are great alternatives already available and new innovations on the way

As a young pharmacist, you graduate, gain experience in various pharmacies and eventually manage a pharmacy. For the majority, getting to this rung on the pharmacy ladder is inevitable; however the next step up is always the hardest to take. In a market characterised by high values and perhaps a sellers market, coupled with increasing risks; achieving ownership is a concern for many young pharmacists.

There are proven ways to evaluate your capacity to own and this knowledge is often…read more