Know your worth: How to maximise your pharmacy’s market value
Looking to get the best price for your pharmacy but not sure how? Specialist broker Anne Hutchings shares her tips
If you’re a pharmacy owner who is considering selling, refinancing at a better rate or purchasing another pharmacy, it is crucial to maximise the value of your existing business. Various factors can affect its value, some of which are beyond your control. However, this article will focus on the financial aspects you can influence to enhance your pharmacy’s profitability and overall worth.
The starting point is to establish the current market value of your business. A pharmacy sales agent can assist you with this. Going forward, this should be updated annually to help you monitor any fluctuations or improvements in the value… (full article continues on the Chemist and Druggist website – click here)
