Ready to own a pharmacy?
Independent pharmacy ownership can provide you with professional and personal satisfaction. At Rxownership.ca we can provide you with the preparation, planning and process, to assist you in making the necessary and right decisions for owning your first pharmacy.
The first steps of preparation may include the following:
- Write a business plan. A business plan is an essential document for starting a pharmacy or making your first acquisition. Your business plan is the blue print for establishing the key components necessary for success as you move forward.
- Understand the demographics of the area where you plan to start your pharmacy or where you plan to potentially buy a pharmacy.
- Start thinking about pharmacy design if you are ready to start a pharmacy from scratch and consult a design expert. Also consider pharmacy design to update a potential acquisition that does not physically suit your business plan and pharmacy practice objectives.
- Assemble a team of trusted advisors, including an accountant, lawyer, financial advisor, merger & acquisition advisor etc.
The steps you take at the beginning of this process will go a long way toward determining your success as a pharmacy owner whether you are buying a pharmacy or starting one. At Rxownership.ca we can assist you to make sure you are headed in the right direction and have the right priorities in order.
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