Ownership Academy: Pharmacy Buyers

If you have made the decision to buy a pharmacy or you want to open a pharmacy from scratch, NCPA has a full spectrum of resources to prepare you to make informed choices along the way to ownership. The Ownership Academy offers resources to help you select a location for your pharmacy, negotiate your lease and manage your inventory.

Other valuable tools will calculate inventory, inventory turns and gross margin return on investment. Check out IPMS and PBCS for current pharmacy listings by state.

  • CE & Professional Development
    Find continuing education (CE), to keep your license current and Certificate programming to keep your clinical skills sharp. You will also find a wide variety of seminars/short courses, conferences, certificate programs, interactive presentations, and other development opportunities.
  • Pharmacy Matching
    altSign up on www.PharmacyMatching.com for free and answer seller listings online. Buyers can also advertise! Post a pharmacy buyer's listing for 180 days at $50; NCPA members get half-off.
  • NCPA Bookstore
  • The Pharmacy Immunization Compliance Policy and Procedure Program includes:

    • An outline/plan to implement a 10 - 15 minute vaccination process
    • A Bloodborne Pathogen Plan that specifically addresses applicable OSHA Rules and Regulations
    • Training videos
  • Profit Mastery: Creating Value and Building Wealth is an online streaming video workshop designed to take the mystery out of the numbers—and to give practical financial tools to enable you to make better business decisions and to obtain better bank credit lines. Profit Mastery will give you the insight to immediately make more, and keep more, of your hard-earned money. Use promotional code "NCPASAV" and save $200 on your purchase.
  • Some of the skills you will learn in this workshop are how to:

    • Speak the language of finance and be better equipped to interact intelligently with numbers people
    • Incorporate the Seven Steps to building value into your business
    • Understand financial statements and how to use them as management tools
    • Apply benchmarks to increase your financial performance
    • Understand how to use break-even analysis to control costs and manage profits
    • Predict and manage cash flow
    • Manage growth effectively
    • Make your business irresistible to bankers
  • Live Oak Bank
    • Live Oak BankYou have devoted your career to taking care of the people in your community; let Live Oak Bank take care of you. We have 20+ years of experience providing loans to small healthcare practices, which means you can move forward with confidence when selling your business and preparing for retirement. With a third generation pharmacist on staff, we understand the challenges that are unique to your industry. When you're ready to sell your pharmacy, you can rely on Live Oak Bank. We're your partner and seeing you succeed is success for us.
    • One Destination, Two Roads to Pharmacy Ownership (America's Pharmacist October 2011)
  • Ownership Resources
    Members Only information about buying or selling a pharmacy through a Junior Partnership, planning documents for start-up and management tools
    • Pharmacy Blue Book (preview)
    • Junior Partnership Calculators
    • Break even calculator (preview)
    • Cost of Dispensing Calculator preview
  • Protect Your Pharmacy Now!
    • Read tips to help stop drug diversion and protect your patients.
    • Watch videos to learn more about robbery and diversion.
    • Download the Pharmacy Security Checklist for common weak spots in pharmacy security.
    • Get the RxPATROL Incident Report Form to communicate robbery details to the authorities.
    • Discounts on Employee Background Screening Services and Closed Circuit TV Systems.
Ask Your Family Pharmacist TM