Buying a Pharmacy? Schedule an Appointment with our transition specialist

The NCPA Pharmacy Ownership Workshop provides valuable insights for both new and existing pharmacy owners.

But what does ownership look like in 2025 and what are some of the major, and expensive mistakes owners can avoid?

In this episode of The Pharmacy Ownership Podcast, Ollin Sykes, CPA, CMA, CITP, and Austin Murray discuss insights from a recent pharmacy ownership workshop, focusing on the importance of avoiding costly mistakes in pharmacy transactions and the need for strategic planning in pharmacy startups.

Tune in to learn more about:

- Mistakes made in the early stages and the long-term financial impacts.
- Lease agreements and how to avoid burning through working capital.
- Securing financing with cash flow forecasting.
- And more!

Interested in learning more about the podcast team and their experience? Click here

Click here for the transcript

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Ollin Sykes – CPA, CITP, CMA LinkedIn

More resources about this topic:

Resource - Pharmacy Startup Costs: Financing

Resource - Pharmacy Startup Costs: Leases/Facility Planning

Inventory can make or break the value of a pharmacy - especially during a sale.

But how do you ensure you’re handling it the right way?

In this episode of The Pharmacy Ownership Podcast, Ollin Sykes, CPA, CMA, CITP, and Austin Murray break down the complexities of pharmacy inventory valuation and how it impacts transactions from both the buyer and seller perspectives.

Tune in to learn more about:

• Why seasonal and expired items could hurt your bottom line
• How pre-sale inventory management can boost cash flow
• The differences between script and OTC inventory
• Why accurate dating and pricing matter
• And more!

Stay up to date on new episodes by liking and subscribing!

Interested in learning more about the podcast team and their experience? Click here

Click here for the transcript

Check out all of our social media:

Facebook

Twitter (X)

LinkedIn

Instagram

YouTube

Ollin Sykes – CPA, CITP, CMA LinkedIn

More resources about this topic:

Podcast - What to Look for When Buying a Pharmacy

Podcast - Improving Cash Flow with Inventory Management

Looking at buying a pharmacy? Do proper due diligence - schedule a meeting with us here.

The most important step you can take when buying a pharmacy is performing the right due diligence, but what should you be looking for?

In this episode of The Pharmacy Ownership Podcast, Scotty Sykes, CPA, CFP®, and Ollin Sykes, CPA, CITP, CMA share critical insights into the due diligence process when purchasing a pharmacy.

Tune in to learn more.

Did you like this episode? Stay up to date on new episodes by liking and subscribing!

Want to read and follow along with this episode? Click here for the transcript.

Stay connected with us on social media:

Facebook

Twitter

LinkedIn

Instagram

Ollin Sykes , CPA, CITP, CMA LinkedIn

Scotty Sykes – CPA, CFP LinkedIn

Scotty Sykes – CPA, CFP Twitter

More resources about this topic:

Podcast – What is Due Diligence