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The Community Pharmacist Blog

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SPECIAL BLOG: 3 things learned at the 2014 Pharmacy Growth Conference

Posted by Benjamin Coakley on Tue, Mar 04, 2014 @ 10:34 AM

This past weekend was jam packed in Orlando. We learned many new things about community pharmacy and pharmacy owners. Below are the top three things we learned that can help you.

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Topics: community pharmacy, community pharmacy owner, community pharmacist

Is Your Pharmacy a Family Pharmacy?

Posted by Benjamin Coakley on Tue, Mar 04, 2014 @ 10:32 AM

We have all heard that small businesses are the backbone of America. A significant number of those small businesses are family owned and operated. We could even take it a step further and say that small family owned businesses are the true backbone of America and the various communities that make up this great country.

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Topics: community pharmacy, community pharmacy owner, family pharmacy

Community Pharmacy Owners: Do You Have the Right People on the Bus?

Posted by Benjamin Coakley on Fri, Feb 14, 2014 @ 09:23 AM

In his seminal book Good to Great, Jim Collins says when it comes to hiring, great companies do something entirely conterintuitive to what most employers consider normal.

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Topics: community pharmacy, community pharmacy owner, community pharmacy talent

Community Pharmacy: Managerial vs. Ownership Control

Posted by Benjamin Coakley on Wed, Feb 05, 2014 @ 09:10 AM

When we travel around the country speaking to community pharmacy owners, we are constantly reminded of the misperceptions about the differences between owning and running a pharmacy.  For example, we often hear that owners should be compensated because they own the pharmacy (even though they may not work there).  We also hear from people that are upset that profits are going to people that never step foot in the pharmacy.  The reason for this is there isn't much understanding in the market place about the difference between managerial control and ownership control.

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Topics: community pharmacy, community pharmacist, community pharmacy ownership

It's Always the Holidays in Community Pharmacy!

Posted by Benjamin Coakley on Wed, Jan 29, 2014 @ 08:33 AM

As we just celebrated another holiday season, our team at Waypoint is extremely thankful that the holidays exist.  They are truly a special time for most people in our country and for us as well. Holidays allow us to refocus on what's truly important to each of us, our faith, family and community (in no particular order).

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Topics: community pharmacy, community pharmacy owners, community pharmacies