Why Pharmacists SUCK at Running Pharmacies (ft. Neven Kulas, business development at Whole Health Pharmacy Partners)

Are Pharmacists Bad at Running Pharmacies?

When should you even consult a banner when opening a pharmacy? And should you take upfront cash to open a pharmacy? We explore whether pharmacists are bad at business, how pharmacies actually make money, and how opening a pharmacy looks from the perspective of a pharmacy banner.

In the first hybrid interview (both in-person and online) conducted by Off the Script, we talk with Neven Kulas from Whole Health Pharmacy Partners where he gives us the rundown on how to keep a pharmacy happy and healthy. Some topics include:

  • Are pharmacists bad business owners

  • Background on how pharmacies make money (more than just dispensing drugs!)

  • How do banner groups within pharmacy make money?

  • How do you start opening a pharmacy?

  • When do you talk to a banner to consult about opening a pharmacy?

  • How much difference can an individual person (pharmacist) have on the success of a new pharmacy?

  • Should you take upfront cash from a banner to start a pharmacy?

Tune in to learn about all this and more!

Thanks to our sponsor, PharmaEpass. Use code "OTS" at checkout for $200 off PEBC and OSCE prep courses!

Intro song written by Shaan Singh. Intermission music: Takin' You For a Ride by Pandrezz and Birthday Girl by Blue Wednesday End music: Takin' You For a Ride by Pandrezz, more music at: http://chillhop.com/listen