Tag Archives: Pharmacy Business
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10/23/2020
14 Comments Are you having a hard time communicating with your customers? To communicate with them better and store their data, you can build a customized application that could include the .
10/16/2020
16 Comments Businesses SMS and Texting are an important communications channel. Many people would rather text than talk. Without a Business SMS strategy, you may not be ready to do business .
10/09/2020
27 Comments With all the pharmacies out there, how can one stand out to increase your profit margins? Here are 2 major ways to differentiate yourself according to Fiona Sartoretto Verna: .
10/01/2020
24 Comments Between DIR fees, negative reimbursements, and shortages, independent pharmacy owners are challenged to consistently find ways to evolve and improve their profitability to maintain their bottom line, while many .
09/24/2020
16 Comments Each year, hundreds of owners sell their small businesses due to boredom, retirement, illness and death, partnership disputes, and overwork. Are you looking to sell your Pharmacy Business? KKBA, .
09/17/2020
104 Comments While your competitors up and down the street may have massive budgets for investing in employees, marketing, and other operating expenses, community pharmacies often have tighter budgets to work .
09/03/2020
16 Comments Is your pharmacy “Surviving and Thriving” during these challenging times? We’re living in unprecedented times. It’s not an exaggeration to say that COVID-19 has turned our lives upside down. .
08/26/2020
19 Comments The coronavirus pandemic has caused widespread disruption in the United States, with governments at all levels grappling between the health and safety of their citizens and the need to .
09/04/2019
26 Comments When you have patients that appreciate what you do as an independent pharmacist will surely make you feel like a success. But using hard data to look for indicators of how your pharmacy business is doing is vital. Metrics like average number of prescriptions you fill every day, Inventory turnover, and how much profit you’re bringing in can mean the difference between a thriving business and just staying afloat. Learning these formulas to calculate these crucial metrics and discovering what you can do to improve them is a must in every pharmacy.