START A PHARMACY

How To Start A Pharmacy

Some of the factors to consider during your decision-making process on how to start a pharmacy are based on your level of expertise and knowledge of the industry. Do you want to buy a franchise or start your own brand? What are the advantages and disadvantages of each?

Do you want to have a retail pharmacy, Long-Term Care pharmacy, compounding pharmacy, specialty pharmacy or a combination of the above?

There is a great deal of information to analyze when considering how to start a pharmacy. Some of the information to consider includes but not limited to location, demographics, and competition. Other details to consider include, selecting the right dispensing software for you, POS system, hardware, and the design of the pharmacy.

The experts at Progressive Healthcare Solutions (PHS) can help you answer these questions and more on how to start a pharmacy. Our experts will guide you through the entire process from conception all the way through to opening your doors.

Additionally, when considering how to start a pharmacy, the experts at PHS will help you devise a marketing plan that differentiates you from the competition. What products and services will you offer that your competition is not offering? Not only will we help you define your target market, but we’ll also devise a plan to reach your target market. You will be engaged throughout the entire process.

In addition to writing a business plan and financial projections, PHS will assist you in exploring financing options, selecting the ideal location based on your class of trade, and assist with third-party payer contracting. Additionally and based on your operational specifications our experts will design policies and procedures unique to your operation and class of trade. Moreover, these policies and procedures can be used for basic best-practices within your pharmacy and accreditation if needed.

Let PHS be your partner and advocate during your entrepreneurial journey on how to start a pharmacy and beyond.

For additional information on how to start a pharmacy please call us at (800) 996-0975 or fill out the contact form below:

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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