Tips on Keeping Your Pharmacy Competitive

Tried and true business principles can sometimes be the easiest to overlook when managing your organization. Pharmacy Development Services put together an article offering a few simple business tips that can help you reenergize your independent pharmacy.

  1. Study the Competition– Observing how pharmacies of similar size and structure are operating will likely give you a better picture of how your business is performing.
  2. Unleash Your Passion – Whether you have a fervor for training or community programs, establishing initiatives focused around what you love will motivate you to keep developing your business.
  3. Go Above and Beyond for Your Patients – Customers care about the experience they have when they visit your pharmacy. Go out of your way to overdeliver and offer value-added service.
  4. Perform a self-examination – Complete a SWOT (Strengths, Weaknesses, Opportunities, Threats) Analysis to determine what steps you need to take to improve your business.

Click here to read the full article.