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The Community Pharmacist Blog

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David Plaisance

Recent Posts

A Successful Pharmacy Junior Partnership: 3 Things Learned

Posted by David Plaisance on Mon, Nov 25, 2013 @ 12:47 PM

Except for the people living under a rock for the past 30 years, most have heard the saying "no need to recreate the wheel" or "learn from other's mistakes."  There is a tremendous amount of wisdom in these sayings if you can apply them to your situation.  The great news is that they can be applied to pharmacy junior partnerships.

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Topics: community pharmacist, pharmacy junior partner, pharmacy junior partnerships

A five-step asset strategy that works for community pharmacy owners

Posted by David Plaisance on Wed, Sep 18, 2013 @ 09:26 AM

Our ability to take great care of the independent community pharmacists we work with is driven in a large part by our process of continuous discovery. At the beginning of every relationship, we use a formal discovery process to assess our new client's current situation in a number of key areas. Among those areas is the strategy they use to manage their assets.

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Topics: community pharmacy owner, community pharmacist independence, pharmacist asset strategy

10 Prudent Questions all Community Pharmacy Owners Should Answer

Posted by David Plaisance on Fri, Mar 15, 2013 @ 08:05 AM

I was reading a book recently titled What to Say When You Talk to Yourself  by Shad Helmstetter, Ph.D. and it reminded me of a recent conversation with the owner of a community pharmacy.

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Topics: community pharmacy owner, community pharmacist, retirement plans, fiduciary

3 options for your pharmacy exit strategy: the Pros and Cons

Posted by David Plaisance on Wed, Dec 05, 2012 @ 01:35 PM

There are three primary options for a pharmacy exit strategy.  They are sell to an insider, sell to an outsider or liquidate.  Each one of these options has its positives and pitfalls.  An insider could be family members in the business, a junior pharmacist or another employee/employees.  An outsider could be another independent pharmacist, family members not in the business, a chain store pharmacist looking for independent direction, a conglomerate of pharmacies/pharmacists or a chain store

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Topics: life after pharmacy, pharmacy exit strategy, pharmacy succession

3 reasons everyone should use a community pharmacist

Posted by David Plaisance on Fri, Sep 28, 2012 @ 12:02 PM

One of the things the advisors at Waypoint wanted to do starting this year is to be more personal about our experiences with community pharmacists.  Below is a story from David Plaisance, one of our advisors in the Asheville, North Carolina office.

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Topics: community pharmacist