ValueAdded - NCPA
26 America s PHARMACIST | May 2016ValueAdded 27Use your pharmacy's valuation as a management toolby Ed Webman, RPhPharmacists and pharmacy owners are resourceful and entrepreneurial profes-sionals. Despite the many challenges that independent owners have faced over the years such as increased chain competition, mail order, preferred net-works, and manufacturer limited distribution networks independent pharmacy has thrived. The approximately 23,000 existing independent pharmacies have been successful in finding opportunities to provide products and services to their communities and have built valuable businesses. These owners have accu-mulated assets: home(s), investments, and retirement accounts, and most have a good idea of their personal net worth.
27 Use your pharmacy's valuation as a management tool by Ed Webman, RPh Pharmacists and pharmacy owners are resourceful and entrepreneurial profes-
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