The IRx Learning Center

Explore these resources designed to assist you in understanding important aspects to starting, buying, operating and selling your own pharmacy.

Downloads

Below you will find a collection of documents available for you to download.  Select the document(s) of interest to you and click the Download button and they will be on their way to you!  We hope you find value in them and of course would be happy to discuss these topics with you.

Information for Starting | Buying a Pharmacy

Sample Start Up Financials for Bank
Start Up Financials for Bank

Learn the basics of how banks will evaluate a start-up opportunity including sample projections.

Sample Buyer Financials for Bank
Buyer Financials for Bank

How does a bank determine if an acquisition is fundable? In this document learn the basics to how this decision is made. Do you need collateral, how much cash do you need as buyer and more.

Sample Pharmacy Location Analysis
Pharmacy Location Analysis

Insights on the keys to properly analyzing locations to own a pharmacy.

What to Ask When Buying a Pharmacy
What to Ask for When Buying a Pharmacy

Are you asking the right questions?  Let us help.

Information on our Accounting Services

10 reasons Why Pharmacy Accounting is More Complicated
10 reasons Why Pharmacy Accounting is More Complicated

The pharmacy industry has a number unique challenges that makes proper accounting more complicated than your average business.  From DIR Fees to Wholesaler Rebates, let us share some of these insights with you.

Pharmacy Accounting Why You Need Specialists
Pharmacy Accounting Why You Need Specialists

There are at least 4 primary reasons you really want a specialist to perform your pharmacy accounting.

How Pharmacy Financials Should be Categorized
How Pharmacy Financials Should be Categorized

Pharmacy is a different business and as such should have financial statements that show those differences.

 

Let us share how to properly categorize the revenue and expenses of your pharmacy.

Information for Sellers

A series of short videos from Independent Rx’s Tim Clark

Pharmacy Valuation Worksheet Image
Pharmacy Valuation Worksheet

To answer this question, the starting point is often obtaining a business valuation. This valuation should be an in-depth review of the pharmacy’s financial picture based on a solid understanding of what the business’s strengths and weaknesses are.

Our knowledge and expertise will provide the seller and buyer with a market driven valuation for the pharmacy that takes into account all aspects of the business.

General Videos

Pharmacy Payroll Metrics

Pharmacy Inventory Metrics

Why Own a Pharmacy?