Medici Capital recently published an article on their website that discusses a number of issues regarding the generational change of pharmacy ownership. Industry evidence suggests that the average owner of a pharmacy is between 50 and 60 years of age with a significant portion skewed towards the more mature generations. Given this, many pharmacies will change hands in the coming years resulting in a generational transisition of pharmacy ownership. As an owner or prospective owner, what have you done to prepare yourself for this change?
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