Take the pulse of your business… Yesterday I spoke with a pharmacy owner who was so lost in his own thoughts about success that he forgot to take the pulse of his business on a regular basis. He kept taking a salary out of his business without knowing where he was at the end of
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…, not an idea that will take a 100k investment to net 20k a year for 5 years. Time and time again I hear pharmacy owners telling me that the company they are with are offering them services, apps, programs and drop ships without a real sales strategy to measure a ROI. What’s going on
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Transparency is supposed to build trust and understanding of what the company is facing internally. In today’s world, the word is more or less a marketing buzz phrase that is designed to make you think something is being done about your anxieties. In its simplest sense, business transparency means clear unrestricted honesty in the way
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A high number of new pharmacies go out of business within 3 years. Why does this happen to so many wonderful people in pursuit of their life-long dream? The answer to these questions will amaze you! “Did you learn about marketing and business in pharmacy school?” “No.” “How did you select the location for your
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