PHARMACY BUSINESS PLAN

Pharmacy Business Plan Services

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 the following sections:

  • Executive Summary
  • Introduction
  • Economic Climate
  • Marketing Plan
  • Financial Plan
  • Operational Plan
  • Management/Owner(s) Experience
  • Sources of Financing

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 pharmacy.

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.

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Your Business. Your Future

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 operationally bottlenecks costing you time and money
  • We’ll help build a plan to increase cash flow

I’m ready to make some changes!

Please fill out this form to see if we are a good match.

PHS.

Growing your profits without sacrificing care.

Address

565 Metro Place
Suite 300
Dublin, OH 43017