ARTICLES BY THIS AUTHOR
- 10/12/2021
TFSAs – Important technical info
What's the difference between a survivor holder (also known as successor holder) and beneficiary? Canadian pharmacy owners and pharmacists in general should be aware of an important wrinkle associated with Tax-Free Savings Account administration. - 10/5/2021
Educating the next generation of pharmacy family members
As many readers know, we have a passion for preparing the next generation of pharmacy owners and investors. - 9/28/2021
Are you ready for your pharmacy business exit?
Exiting your business is not unlike having a pilot jump out of an aircraft mid-flight. To say the least, it’s going to give everyone involved a bit of anxiety. - 9/14/2021
Take the guesswork out of your retirement
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? - 9/7/2021
Take a lifecycle planning approach to your pharmacy business
No business remains the same over the course of its lifetime, from startup to exit. This is certainly true of a pharmacy business where a pharmacist will often progress from being an employee to becoming an owner and then selling the practice to another pharmacist. This is what we call the pharmacy owner's career lifecycle. - 8/30/2021
Strategies for raising financially competent children, Part 2
Most pharmacy business owner families face a plethora of competing demands and struggle with the pressure of fitting everything into their day. - 8/25/2021
Strategies for raising financially competent children
Over the past year, the world has continued to suffer through a global pandemic. Many of our pharmacy owner families have remained worried about the impact and implications of the crisis on the next generation.