NCPA Announces Arlington, Va., Ownership Workshop for Future Pharmacy Owners



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Alexandria, Va. July 12, 2013 - The National Community Pharmacists Association (NCPA) announced it will host its third NCPA Ownership Workshop this year from August 23-25 at the Hyatt Regency Crystal City in Arlington, Va. The Ownership Workshop, sponsored by McKesson and in part by Pharmacists Mutual and Live Oak Bank, gives prospective and current pharmacy owners an in-depth look at the industry and the financial, management, and marketing skills needed to operate a successful pharmacy business. The three-day session also offers pharmacists 20 hours of continuing education credits.

Launched in 1991, Ownership Workshop is part of the multi-faceted, comprehensive NCPA Ownership Academy, which helps pharmacists navigate every step of the entrepreneurial process from buying to selling a pharmacy, as part of the association's focus on increasing the number of independent community pharmacy owners throughout the country. More than 50 percent of previous Ownership Workshop participants now own their own pharmacy.

"Pharmacy ownership can be a rewarding experience, but also a challenging one," said NCPA CEO B. Douglas Hoey, RPh, MBA. "If you're a pharmacist just starting out on the path to ownership, or if you're a longtime owner, you'll find NCPA's Ownership Workshop to be the most comprehensive resource on running a profitable business. Workshop attendees will hear directly from successful owners and experts about every facet of ownership and management. This is NCPA's 35th Ownership Workshop and we look forward to continuing to provide inclusive education and guidance for aspiring pharmacy owners."

Some of the topics covered during the three-day seminar include:

  • How to Write a Loan Package
  • Creating a Successful Pharmacy Business Plan
  • Floor Plan, Product Placement, and Pricing Strategies 101
  • How to Market Your Pharmacy Practice
  • And many more seminars, including those relating to legal issues, accounting, financing, and entrepreneurship, led by leading experts in the pharmacy and financial sectors.

Hoey continued, "When attendees leave the workshop on Sunday afternoon, they will take with them a wealth of knowledge about starting, buying, and managing a community pharmacy. We encourage NCPA members and nonmembers to join us in August to find out why one recent attendee called this workshop 'the best money I've ever spent'."

Registration includes four meals, tuition, and continuing education processing. Space is limited to provide maximum personalization and integrated learning among attendees. To register, visit www.ncpanet.org or call 1-800-544-7447.



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The National Community Pharmacists Association (NCPA®) represents the interests of America's community pharmacists, including the owners of more than 23,000 independent community pharmacies. Together they represent an $88.5 billion health care marketplace, dispense nearly 40% of all retail prescriptions, and employ more than 300,000 individuals, including over 62,000 pharmacists. To learn more go to www.ncpanet.org or read NCPA's blog, The Dose, at http://ncpanet.wordpress.com/.

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