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Starting a Pharmacy: Major Trends to Watch in 2017

Posted by Robert Walthall on Sat, Jan, 14, 2017 @ 08:00 AM

The pharmaceutical industry is in major transition and, for those with plans of starting a pharmacy in 2017, considerations should be made regarding certain current trends. For years, large pharmacy companies have been taking the place of the small independents, putting them out of business in many areas by offering huge inventories and cut-rate prices. Recently, however, that trend has started to reverse itself as consumers realize they actually prefer doing business with smaller, more personalized businesses that make them feel like the customer is king.

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Topics: starting a pharmacy

Starting a Pharmacy: 4 Tips for Getting Started

Posted by Robert Walthall on Thu, Dec, 08, 2016 @ 08:00 AM

When starting a pharmacy, you face a huge number of choices from the very beginning. You may feel strongly about your independence as a business owner and be willing to take on the wide-ranging risks involved in building an independent pharmacy that basically stands on its own (and on your shoulders). Another option is to contract with a franchise chain-store company, pay their franchise fees and let them assist you with starting a pharmacy utilizing their proven business model.

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Topics: starting a pharmacy