Guest Posts
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  • Tax Consequences of a Buy-Sell Agreement

    We have come this week to the final installment in this very informative series by experts Lawrence Barrett and Thomas Craft on the topic of a Buy-Sell Agreement.  Many thanks to these gentlemen and their work at the Independent Pharmacy Consulting Group.  I sincerely encourage any readers who are pharmacy...

    Author : Jason Poquette
  • Life Insurance & Your Buy-Sell Agreement

    For pharmacists interested in the possibility of pharmacy ownership, they quickly discover that there is a lot to learn beyond what pharmacy school taught us.  The good news is that you don’t have to learn it all by yourself.  That’s why I’ve been grateful to share some of the expertise...

    Author : Jason Poquette
  • Funding Your Buy-Sell Agreement

    We have been talking for several weeks with Lawrence Barrett and Thomas Craft about the importance of what is known as a Buy-Sell Agreement, typically drafted when multiple partners (or interested parties) are involved in the ownership or disposition of a pharmacy business.  When 1 party needs to obtain the...

    Author : Jason Poquette
  • Determining the Value of Your Independent Pharmacy

    An independent pharmacy or chain of pharmacies is likely to be the single biggest investment of an owner’s life.  When multiple owners or interested parties are involved, nothing is more important than planning for unexpected events.  Even expected transitions such as retirement or the transfer of...

    Author : Jason Poquette
  • What Type of Buy-Sell Agreement?

    It is with great pleasure I welcome Thomas Craft and Lawrence Barrett from Independent Pharmacy Consulting Group back to share with us their second article on an extremely important topic to pharmacy owners, or anyone considering pharmacy ownership.  Their first article about why owners need to have a...

    Author : Jason Poquette
  • Why Independent Pharmacists Need a Buy-Sell Agreement

    Pharmacy owners typically pour themselves, heart and soul, into the success and growth of their business.  It’s hard work that often involves long hours and great sacrifice.  But they love their patients and are willing to endure all this to bring to their communities an array of services designed to...

    Author : Jason Poquette
  • A Pharmacy Consultation Room – Guest Post by Chi Mai

    One of the privileges I enjoy as a pharmacist and manager is the opportunity to work with upcoming pharmacists as a preceptor in conjunction with our local college of pharmacy.  I treasure these opportunities to talk about pharmacy, both the clinical and business side of things, as well as work with...

    Author : Jason Poquette
  • Introducing: PharmSaver.net

    The following is a guest post by Dora Haar, a pharmacist and consultant with Pharmsaver, a unique and innovative solution for helping independent pharmacies manage their purchasing expenses and improve margins. adsenseyu2 Dora thanks for sharing this valuable information with my readers here at The Honest...

    Author : Jason Poquette
  • Pharmacist Factory – A Guest Post by Joey Mattingly, PharmD, MBA

    The currently saturated job market for pharmacists, brought about in part by the proliferation of pharmacy schools, is a subject that has been discussed and defended; argued and lamented.  But what this issue desperately needs is a cool, calm and comprehensive analysis by someone whose background...

    Author : Jason Poquette