The Multi Store Owners Guide to Selling Your Pharmacy episode artwork

EPISODE · Sep 27, 2024 · 7 MIN

The Multi Store Owners Guide to Selling Your Pharmacy

from The Pharmacy Ownership Podcast · host Sykes & Company, P.A.

Think you're ready to sell your pharmacy? Schedule a meeting with us! If you're a multi-location pharmacy owner, you’re going to want to tune in to this episode of the Pharmacy Ownership Podcast! In this episode Scotty Sykes, CPA, CFP® and Ollin Sykes, CPA, CITP, CMA tackle a common yet complex issue: selling a single pharmacy location from a multi-store entity.  With real-world examples, Scotty and Ollin walk you through: The crucial steps of spinning off one location Importance of proper accounting practices, like using class codes for profit and loss statements and balance sheetsCommon pitfalls pharmacy owners face when they haven’t prepared for such a transaction Key advice for owners looking to avoid financing roadblocks and ensure a smooth saleRead this episode at our transcript hereDid you like this episode of The Entrepreneurial Pharmacy Podcast? Stay up to date on new episodes by liking and subscribing!Interested in learning more about the podcast team and their experience? Click here Stay connected with us on social media:  Sykes & Company P.A.:  Facebook Twitter LinkedIn  InstagramOllin Sykes , CPA, CITP, CMA LinkedIn Scotty Sykes – CPA, CFP LinkedIn Scotty Sykes – CPA, CFP Twitter 

Episode metadata supplied by the publisher feed · Published Sep 27, 2024

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Think you're ready to sell your pharmacy? Schedule a meeting with us! If you're a multi-location pharmacy owner, you’re going to want to tune in to this episode of the Pharmacy Ownership Podcast! In this episode Scotty Sykes, CPA, CFP® and Ollin Sykes, CPA, CITP, CMA tackle a common yet complex issue: selling a single pharmacy location from a multi-store entity. With real-world examples, Scotty and Ollin walk you through: The crucial steps of spinning off one location I...

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The Multi Store Owners Guide to Selling Your Pharmacy

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