Choosing to open a new pharmacy requires evaluation of a range of criteria, including: Locate colleagues who have recently opened a new pharmacy or bought an existing one.
Our ownership advisors can make suggestions, or contact your state pharmacy association or local pharmacy school for references.
Rx Ownership When you’ve made the decision to become an owner, you have much to consider before you open the doors of your pharmacy business.
The steps you take at the beginning of this process will influence your ultimate success as a pharmacy owner.
Although there is ample evidence to support the value of clinical pharmacy services in many different practice settings, a common stumbling block is the ability (or inability) to translate or generalize the evidence in the literature to a practice site and to develop the business case to convince financial decision makers to support such services.
How to Develop a Business Plan for Pharmacy Services will assist pharmacy clinicians, managers, and leaders to explore, research, propose, and implement new services and enhance existing services by providing a systematic approach to the business planning process.The materials presented are applicable to pharmacy services in hospitals, community practice, managed care organizations, ambulatory clinics, and elsewhere. The book is also useful as a teaching tool in the classroom environment. However, the process of starting a pharmacy from the ground up can be extremely complex.Take advantage of our expertise to help you build a plan to succeed.Mc Kesson credit managers have experience with supporting over 7,000 independent pharmacies.Through Rx Ownership, Mc Kesson has financed millions of dollars in loans in place with customers.It’s important to have insurance that covers you for traditional business liability as well as pharmacy malpractice.Franchise representatives: Being part of a regional franchise, such as Health Mart, can provide access to an array of services from automation to marketing tools.Financial advisors: Evaluate your financing options through local banks, associations, suppliers and distributors and through referrals from existing owners.Insurance agent: Find an insurance agent who will identify the various insurance policies and protections you will need in order to minimize your risk.