Master The Margin
Running a pharmacy comes with its own unique set of challenges.
At the heart of every pharmacy is providing excellent patient care, at the same time, it’s vital that you understand everything in your pharmacy from making sure your inventory is correct to working efficiently with third party payers. At the end of the day, a better pharmacy means better patient care.
The Master The Margin Series helps pharmacy owners understand the building block of all pharmacies, accounting.
This series explores:
- The fundamentals of independent pharmacy accounting
- Understanding cash flow and how it moves within your pharmacy
- Key performance indicators you need to focus on within the balance sheet and profit & loss
- Improving KPI’s Accounting for specific types of pharmacies
- And more.
Scotty Sykes, CPA, CFP
For over four decades, Sykes & Company has been the leading accounting, tax, and advisory firm for independent pharmacies.
From understanding how your pharmacy operates and achieving industry benchmarks, to navigating taxes and increasing your bottom line, Sykes & Company has built a model that supports entrepreneurial pharmacists at any stage of ownership including buying a pharmacy, exploring a start-up, growing an existing pharmacy or selling a pharmacy.
Sykes & Company’s team of Pharmacy Accountants, CPAs, and Advisors understand the complexities of running the back office of a pharmacy and bring unparalleled experience, insights, communication and operational efficiency daily to independent pharmacies.
Sykes & Company are more than just accountants; we are dedicated advisors and advocates for your pharmacy’s success. When you partner with Sykes, you gain a trusted ally who understands your industry and is committed to helping you thrive now and into the future. Sykes & Company’s culture is devoted to our clients and to delivering precise, trustworthy answers.