From the beginning of the pandemic till today, the increased demands of everyday life in the pharmacy have led you and your …
Management & Financing
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Management & Financing
Taking Stock – Inventory Management Best Practices for Community Pharmacies
by CharamisWhen times get tough, many community pharmacies typically look first at cutting labor costs, assuming those are their biggest expense. For most …
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Is owning a pharmacy profitable? It’s a tricky question and the answer is more complicated than you might think. Long story short? …
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In 2000, the “health” of the pharmacy depended almost exclusively on drug sales. Till then, after dealing with the reduction of pharmaceutical …
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Management & Financing
5 Best-Selling General Merchandise Categories at Independent Pharmacies
by CharamisMost independent pharmacies stock their shelves with merchandise that is designed to help patients save time and money. Purchasing other necessities in …
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Management & Financing
The Future of Retail Pharmacies – From Filling Scripts to Fulfilling Consumer Experience
by CharamisRetail pharmacies are being challenged by closed-door pharmacies (i.e., mail order and digital pharmacies) that offer fast contactless delivery (direct to a …
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A healthy and beneficial corporate culture does not arise by chance. It is cultivated! So, how can we infuse it in our …
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Times of crisis can bring out the best in pharmacy business! Indeed, to face the health crisis caused by the novel coronavirus, …
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When considering selling your pharmacy, it is imperative to stand back and consider a few key points. Regardless of the reason behind …
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A bank’s decision to lend money to a borrower is not rocket science. The final decision is made based on five founding …