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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In the first 3 months of business, we were barely paying the bills, no one was walking in the store and we didn’t know what to do. This is when we called Ray. Ray gave us a solid business plan to execute. By the 6th month we were in the green. We were in conversation
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It doesn’t matter if you are a one-person start-up pharmacy or a pharmacy owner with ten employees, because the fundamentals are the same. Your pharmacy needs patients who are willing to buy your service or products and turn them into profits. If your pharmacy company is not willing to go the extra mile to get
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Starting a new business can be the scariest thing in the world. I mean you save and save enough money to use as a down payment and then turn it over to the bank and hope it works! And then the banks say it’s not enough, Terrifying! But wait a minute. You know like-minded trusted
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