Pharmacy U

All posts tagged Mike Jaczko

Pharmacists should read their Hemingway

Comments Off on Pharmacists should read their Hemingway
PharmacyFinance_Vertical_Tagline2Lines_web_RGB_E
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

Financial conversations with your kids

Comments Off on Financial conversations with your kids
PharmacyFinance_Vertical_Tagline2Lines_web_RGB_E
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

Lifecycle planning for pharmacists

Comments Off on Lifecycle planning for pharmacists
PharmacyFinance_Vertical_Tagline2Lines_web_RGB_E
No business remains the same over the course of its lifetime, from startup to exit. Read more

Think it’s time to buy a pharmacy? Know the pitfalls first.

Comments Off on Think it’s time to buy a pharmacy? Know the pitfalls first.
PharmacyFinance_Vertical_Tagline2Lines_web_RGB_E
When pharmacist Mark Scanlon purchased a small pharmacy in Peterborough, Ont. in December 2013, he was more prepared than most would-be entrepreneurs for the many challenges of ownership. Read more

Pharmacy owners and the Qualifying Small Business Exemption

Comments Off on Pharmacy owners and the Qualifying Small Business Exemption
PharmacyFinance_Vertical_Tagline2Lines_web_RGB_E
Over the years, we have often found many pharmacy owners unprepared to take advantage of the Qualifying Small Business Exemption (QSBE). Read more

Inflation and your pharmacy business

Comments Off on Inflation and your pharmacy business
PharmacyFinance_Vertical_Tagline2Lines_web_RGB_E
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

Life insurance – an important estate planning tool

Comments Off on Life insurance – an important estate planning tool
PharmacyFinance_Vertical_200px
Estate planning ensures that an individual’s or family’s assets are distributed according to their wishes after death. Read more

Ready to buy a new pharmacy? Read this first…

Comments Off on Ready to buy a new pharmacy? Read this first…
PharmacyFinance_Vertical_Tagline2Lines_web_RGB_E
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

Automatic contract renewals – know the pitfalls!

Comments Off on Automatic contract renewals – know the pitfalls!
PharmacyFinance_Vertical_Tagline2Lines_web_RGB_E
Pharmacy owners invariably enter into a variety of agreements as part of the normal course of business. Read more

Talking to your kids about wealth management

Comments Off on Talking to your kids about wealth management
PharmacyFinance_Vertical_Tagline2Lines_web_RGB_E
There’s always an uncomfortable pause when I ask my clients whether they talk to their kids about wealth. Read more