Affordable, expert pharmacy business plans.
Whether you are considering starting a new pharmacy, buying an existing pharmacy, or expanding your pharmacy the key to success is having a well-defined pharmacy business plan.
Our business solutions division will work with you in developing a detailed pharmacy business plan designed specifically for your unique goals and local market.
Prior to writing the business plan, your consultant will conduct an in-depth interview with you to fully understand your vision and goals. By doing so, your consultant will ascertain the proper class-of-trade for your pharmacy business, be able to assess the correct market conditions and financial projections. The pharmacy business plan will be customized and include an executive summary, due diligence, finances, operations, and marketing.
After the executive summary, the financial plan is the most examined section of the pharmacy business plan by potential lenders and/or investors. The financial projections, cash-flow statement, and assumptions will be scrutinized and you will be asked to defend each and every one of these assumptions. Having the advice of an expert consultant during the preparation and presentation of the pharmacy business plan will increase your chances of securing the needed financing. Our experts will work with you in presenting the plan to sources of funding such as banks and/or private investors. Before agreeing to lend money, banks and investors seek assurances and financial projections that are based on sound industry and market assumptions. The basis of the financial projections will be different in the case of buying a pharmacy vs expanding your current pharmacy. Therefore, it is important to use the proper assumptions when constructing the financial projections.
We at Progressive Healthcare Solutions are looking forward to working with pharmacy entrepreneurs in helping them become and/or stay independent owners of pharmacies.
To start on your path to pharmacy ownership please fill out the form below or call us for a confidential consultation at (800) 996-0975.
Why Choose Us
More than 30 years of experience
One-stop pharmacy consulting firm
We’ll identify opportunities to increase profit margins
We’ll help uncover operational bottlenecks costing you time and money
We’ll help build a plan to increase cash flow