Sign up for Pharmacy U e-newsletter  |
Join our community |
|
| Sign up for Pharmacy U e-newsletter |
All posts tagged financial planning
08
Jan4 strategies for pharmacy financial planning for 2021
Comments Off on 4 strategies for pharmacy financial planning for 2021
The new year is (finally) here and that means the time is right, while 2021 is still fresh, to plan your pharmacy's financial plan for the year ahead. Read more
17
DecYear-end tax tips for pharmacy businesses
Comments Off on Year-end tax tips for pharmacy businesses
It’s time to clean up your investment pantry for tax-loss selling purposes.
Read more
18
SepHow do In-Trust For accounts work, and why should you care?
Comments Off on How do In-Trust For accounts work, and why should you care?
Many small business owners, including independent pharmacy owners, continue to utilize “In-Trust For accounts" or ITFs to help save money for their children, for a number of reasons. Read more
11
SepYour kids need to be part of your pharmacy plan
Comments Off on Your kids need to be part of your pharmacy plan
When I speak with established pharmacy owners about what worries them, health, work stress and retirement readiness all make the list. As I help prepare them for succession, another concern often emerges – wanting to ensure their children grow to be happy, productive and successful adults. Read more
21
AugThe numbers game – What role does inflation play in your pharmacy business?
Comments Off on The numbers game – What role does inflation play in your pharmacy business?
Pharmacists are not just healthcare providers. Many are also investors. As investors, you need to understand the effects of inflation on your investment portfolio. Here’s an introduction to the world of nominal and real investment rates. Read more
24
JanIt’s tax-planning time. RRSPs or TFSAs? What’s your best option?
Comments Off on It’s tax-planning time. RRSPs or TFSAs? What’s your best option?
The RRSP deadline looms the end of February, so it's time to make some decisions about your tax-free savings options. Read more
06
DecHelp! How do I calculate the real ROI of a pharmacy investment?
Comments Off on Help! How do I calculate the real ROI of a pharmacy investment?
When considering any new purchase or costly change to your pharmacy it is important to create a return on investment analysis (ROI). Read more
01
Nov4 questions you need to ask to assess the value of your pharmacy
Comments Off on 4 questions you need to ask to assess the value of your pharmacy
Whether you are a pharmacy owner or a potential pharmacy buyer, it is always important to understand what a pharmacy business may be worth. Read more
21
JunHaving uncomfortable financial conversations with your kids
Comments Off on Having uncomfortable financial conversations with your kids
There’s always an uncomfortable pause when I ask my clients whether they talk to their kids about wealth. Read more
24
MayWhat’s the right formula for your Return on Investment?
Comments Off on What’s the right formula for your Return on Investment?
Time saved = time to reallocate = money. This is possibly true. Read more
