Pharmacy U

All posts tagged Max Beairsto

It’s year-end tax cleanup time for your pharmacy business!

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It’s time to clean up your investment pantry for tax-loss selling purposes. Read more

When should you transfer wealth to your kids?

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What are some of the factors a family should consider when passing money along to the next generation? Read more

Pharmacists, cottages and family dynamics

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We work with countless pharmacy owner families across the country and we have found that one of the most important submerged legacy assets is often ignored in the strategic wealth plan – the family cottage. Read more

Funding long-term care costs – the retirement issue we should be talking about

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As people age, the likelihood of requiring some form of supportive care either at home or in some kind of long-term facility increases. It’s a reality that’s growing and cannot be ignored. Read more

What are the costs of long-term care?

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Mike_Jaczko_Max_Beairsto
Most people want to remain in their homes as long as possible – an option that can be affordable if you need only a few hours of help per day or week. Read more

Take the guesswork out of your retirement

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Whether we acknowledge it or not, we all have a nagging little voice in the back of our heads that goes around and around wondering whether we currently have enough money to retire and if so, can we continue to enjoy the lifestyle we have come to expect? Read more

Pharmacists should read their Hemingway

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The state of the union for current pharmacy owner finances, both personal and corporate, is best described as being a mix between “For Whom the Bell Tolls” and “The Sun Also Rises.” Read more

Lifecycle planning for pharmacists

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No business remains the same over the course of its lifetime, from startup to exit. Read more

Ready to buy a new pharmacy? Read this first…

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This should have been the happiest of times. Would-be pharmacy owner John was the winner of a bid for a new pharmacy, and he was excited to settle in and get working. Read more

Value drivers to sell your pharmacy business at the highest price, part 4

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Although some buyers in the market focus almost entirely on numbers in their approach, it is important that you pay attention to the physical appearance and condition of your facility and equipment. This factor extends beyond the shelves, ceiling and floor, to the tidiness and cleanliness of work areas and your staff. Read more