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Step-by-Step Guide
Steps for planning your pharmacy's future
If you approach the process of selling your pharmacy in a step-by-step manner, it won't be overwhelming. By giving yourself sufficient time, you can carefully consider and refine what is best for you, your family, your employees, and your community. You will have time to consult with colleagues who are several years ahead of you in the process, and to build a team of specialists around you.
As you think about the ownership transfer of your pharmacy, jot down what you want the pharmacy to be like in 3, 5, or 10 years. This can help you understand how you want to sell your pharmacy -- and to whom.
Any decision to sell your pharmacy should be very well considered. After all, your ownership likely represents a lifetime of work and commitment. So take all the time you need to consider how and why you want to sell.