Higher allowable contributions, significantly reduced corporate tax and the potential to retire early with undiminished income are just some of the advantages offered by the personal pension plan — an innovative financial product designed to address the needs of incorporated professionals.
For many pharmacists, the process of launching a new patient service begins with that lightbulb moment when they conceive of a breakthrough idea. Often, they are so passionate about their idea that they believe its merits will be self-evident to prospective customers. It will sell itself!
This is the final installment of our four part series of articles relating to what drives value in your pharmacy business and practice. Review other articles in the series here: part 1, part 2 and part 3.
In our first installment, we reviewed three of the key factors that drive the value of your pharmacy business: financial performance, growth and stability, and recurring revenue. Here we continue our journey to identify a few other factors that drive the value of your pharmacy business.
We have written countless articles providing direction on how to arrive at the theoretical price when selling your pharmacy. Now we focus on the importance of paying attention to the factors that drive the value of your pharmacy business.