Practice4Sale News & Articles

This requires legal advice.A non-pharmacist cannot have a pecuniary interest in a pharmacy. However, they may provide 'financial backing' in the same way a bank can provide financial support.Call Medici Capital to discuss.Medici C ... Read more Financial Backing

For many pharmacy owners, they will need to seriously consider selling their pharmacy. Whether this is for personal reasons or forced on them by market conditions, they will need to approach the process with caution and take control. It's your mo ... Read more Selling your pharmacy - steps to a successful sale

If you have done your homework and a thorough due diligence then (within reasonable confidence limits) the business should deliver minimum surprises.However, possible dangers could include:Poorer financial performance than your expectations ... Read more Sales Opportunities

Use Medici Express for a quick and simple indicative valuation.If we are talking about the business value this is still able to be determined as a total value through financial analysis it then becomes a matter of agreeing share and remuneration ... Read more Validating Valuations

Thank you for your question.I believe your question addresses two aspects:1) How does your property debt affect your ability to purchase a pharmacy; and2) What equity is requited to purchase a pharmacy in a partnership.First and foremost, bank lendin ... Read more Funding Requirements for A Pharmacy Partnership

Succession planning refers to the process of progressively transferring ownership and control to another generation of owners. In essence, it aims to promote a win-win situation for vendor, entrant and industry as a whole. Long used by other professi ... Read more Succession Planning: an important strategy for wealth creation and the long term survival of independent community pharmacy