pharmacy kpi

How to Ditch Independent Pharmacy Owner Overwhelm

How To Ditch Independent Pharmacy Owner Overwhelm

Being overwhelmed as a pharmacy owner might be common, but we shouldn’t accept it as normal.

Let’s shatter the myth and the status quo that owning a pharmacy has to be confusing, hair-pulling, and overwhelming. Sure, there are a lot of things you have to pay attention to. That doesn’t mean you have to feel like you are drowning.

By implementing some systems and structure changes into your day-to-day, you can control your day (and your pharmacy) rather than it controlling you.

Top 2022 Pharmacy Blog Posts for Independent Pharmacy KPI Optimization

Last week we shared our Top 2022 Blog Resources For Team Development. This week we will cover the most popular blogs from 2022 that focus on KPI (key performance indicator) Optimization, our sixth (and final!) Pharmacy Profit Pillar. Here’s an overview of the 6 Pharmacy Profit Pillars: Use your KPI data to make smarter, better …

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Top 2022 Pharmacy Blog Posts For Independent Pharmacy Team Development

Check out our Top 2022 articles on Team Development for Independent Pharmacies. Last week we shared our Top 2022 Pharmacy Blog posts for Independent Pharmacy Marketing, which covers our 4th Pharmacy Profit Pillar Marketing. This week we will dive into the most popular blogs from 2022 that focus on Team Development, our fifth Pharmacy Profit …

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Options For Financing Pharmacy Working Capital

Many pharmacy owners will need a source of working capital at some point in their ownership journey.  Pharmacy Cash Flow Is Tight Recently we put up a poll on our LinkedIn and Facebook pages, asking pharmacy owners if they were interested in learning about financing working capital. The overwhelming response was YES, as many pharmacy …

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pharmacy payroll pharmacy profit

How to Quickly Lower Your Pharmacy Payroll Without Firing Anyone

Your pharmacy payroll has the power to make you or break you. We consider it one of the 3 critical KPIs (key performance indicators).  How Do You Know If Your Pharmacy Payroll is High, Low, or Just Right? To determine your payroll grade, you need to calculate your payroll ratio. Your payroll ratio is a …

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Days of cash on hand

Days Of Cash On Hand

Reduce the everyday stress of checking your bank account and increase your pharmacy’s days of cash on hand!   Talking about cash on hand isn’t very sexy, and many pharmacy owners prefer to skip over this critical topic. It is much more exciting to talk about supplements, PGx testing, or getting more efficiency from your employees. …

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