Comments on: NCPA Pharmacy Ownership Workshop http://nerdtomogul.com/entrepreneurship/ncpa-pharmacy-ownership-workshop/ the entrepreneurial aspirations of a nerd Sat, 03 Apr 2010 22:05:17 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: nerd http://nerdtomogul.com/entrepreneurship/ncpa-pharmacy-ownership-workshop/comment-page-1/#comment-7 nerd Sat, 03 Apr 2010 22:05:17 +0000 http://nerdtomogul.com/?p=13#comment-7 Mike, The average Gross Margin for a compounding rx is ~60% vs 20% for retail rx. The average pharmacy usually nets around 4% of sales (not including owner's wage). Mike,

The average Gross Margin for a compounding rx is ~60% vs 20% for retail rx. The average pharmacy usually nets around 4% of sales (not including owner’s wage).

]]> By: Mike http://nerdtomogul.com/entrepreneurship/ncpa-pharmacy-ownership-workshop/comment-page-1/#comment-3 Mike Sun, 28 Feb 2010 03:27:04 +0000 http://nerdtomogul.com/?p=13#comment-3 I don't blame you for thinking about pharmacy ownership. I just haven't determined whether to have a hybrid pharmacy (rx/compounding) or compounding only. I've asked around and was told the margins are roughly 90% gross profit compounding vs. 4% retail. Would you agree? I intend to base my business plan off of this post: http://www.bplans.com/pharmacy_business_plan/executive_summary_fc.cfm ; however, I'm curious if you thought the NCPA plan you received was much better. Thanks. I don’t blame you for thinking about pharmacy ownership. I just haven’t determined whether to have a hybrid pharmacy (rx/compounding) or compounding only. I’ve asked around and was told the margins are roughly 90% gross profit compounding vs. 4% retail. Would you agree?

I intend to base my business plan off of this post:
http://www.bplans.com/pharmacy_business_plan/executive_summary_fc.cfm ; however, I’m curious if you thought the NCPA plan you received was much better.

Thanks.

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