NCPA Announces Upcoming Ownership Workshop for Aspiring Pharmacists in Seattle



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Alexandria, Va. May 9, 2013 - The National Community Pharmacists Association (NCPA) announced it will host its NCPA Ownership Workshop from May 17-19 at the Seattle Airport Marriott in Seattle, Washington. 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.

"Getting started in pharmacy ownership can be a daunting and sometimes discouraging venture when one does not have a familiarity with the process," said NCPA President Donnie Calhoun, RPh, a pharmacy owner in Anniston, Ala. "That's why NCPA has designed this comprehensive workshop to be the best resource for any potential community pharmacy owners, including practicing pharmacists and pharmacy students, to hear directly from the experts about every facet of ownership—from finding the funding to purchase a pharmacy to how to successfully market your business once you open."

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

  • How to Write a Business Plan/Loan Package

  • The How To's of Financing Your Pharmacy Deal

  • Floor Plan, Product Placement, and Pricing Strategies 101

  • Practical Marketing: Tips for Success

  • And many more seminars, including legal issues, accounting, and entrepreneurship, led by leading experts in the pharmacy and financial sectors.

Calhoun continued, "NCPA's Ownership Workshop is specially designed to help current and potential community pharmacy owners provide the best personal care they can for their patients while at the same time operate a successful business. NCPA members and nonmembers alike are encouraged to attend to learn how to strengthen their pharmacy business."

Registration includes five 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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