Why Due Diligence is Important
1:10
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@AustinMurray1
@AustinMurray1 6 күн бұрын
Great episode!
@botchjones1130
@botchjones1130 7 күн бұрын
Thoughts on QuVa?
@sykescompanyp.a.
@sykescompanyp.a. 6 күн бұрын
Thanks for your comment. We don't have any specific recommendations on 503B suppliers, we do have contacts that can help you with due diligence.
@botchjones1130
@botchjones1130 9 күн бұрын
503b compounder here. The difference is 503b care about profits solely and willing to take shortcuts anywhere necessary at the risk of patient safety
@rimo9734
@rimo9734 Ай бұрын
Any Marketing tips to help push out the GLP-1’s from the pharmacy to Dr’s office?
@sykescompanyp.a.
@sykescompanyp.a. Ай бұрын
Hey there! Great question. Nicolette is actually a hosting a webinar about that topic this week. Here is the link to register: www.linkedin.com/posts/atrium24_pharmacygrowth-dotti-atrium24-activity-7197349355882786816-hdxB?
@MustafamajedAlzibaq
@MustafamajedAlzibaq 2 ай бұрын
بارك الله فيك
@MustafamajedAlzibaq
@MustafamajedAlzibaq 2 ай бұрын
❤❤❤
@primetimefaiz
@primetimefaiz 2 ай бұрын
inspirational
@sykescompanyp.a.
@sykescompanyp.a. 2 ай бұрын
Thank you so much! We enjoyed having Hashim on.
@alizaibak6343
@alizaibak6343 2 ай бұрын
Hashim Zaibak is a milwaukee hero
@AnnalisaAlfieri-fi2bc
@AnnalisaAlfieri-fi2bc 2 ай бұрын
Let’s goo
@DominikBauer-uy2zg
@DominikBauer-uy2zg 2 ай бұрын
❤️❤️
@RossWilson-ft2tc
@RossWilson-ft2tc 2 ай бұрын
Good job
@sykescompanyp.a.
@sykescompanyp.a. 2 ай бұрын
Thank you! We enjoyed having Hashim on our show.
@ApollonBureau
@ApollonBureau 2 ай бұрын
💕💕
@CamilaCalderon-uf4ok
@CamilaCalderon-uf4ok 2 ай бұрын
I like this man
@sykescompanyp.a.
@sykescompanyp.a. 2 ай бұрын
We like Hashim too.
@MustafamajedAlzibaq
@MustafamajedAlzibaq 2 ай бұрын
Let’s go pharmacist hashim ❤❤
@sykescompanyp.a.
@sykescompanyp.a. 2 ай бұрын
Hashim Zaibak is the best!
@user-mi6oh1eq3r
@user-mi6oh1eq3r 4 ай бұрын
I'm located in Florida, I'd be interested in being your pharmacist :)
@tedadamgreen
@tedadamgreen 4 ай бұрын
Thanks for this info … I need to listen to the longer podcast next week Very much appreciated
@sykescompanyp.a.
@sykescompanyp.a. 4 ай бұрын
Thanks for listening Adam! Let us know what you think of the episode.
@tedadamgreen
@tedadamgreen 4 ай бұрын
Great discussion on a service that can help the underserved
@sykescompanyp.a.
@sykescompanyp.a. 4 ай бұрын
Glad you enjoyed it! We're having her on again soon so stay tuned.
@drugstoredog8660
@drugstoredog8660 5 ай бұрын
Definitely want to learn more about this! Will contact asap!
@sykescompanyp.a.
@sykescompanyp.a. 5 ай бұрын
Absolutely! Feel free to set a meeting with us if you have any questions: www.sykes-cpa.com/schedule-a-meeting/
@jessikacox7535
@jessikacox7535 5 ай бұрын
Hi! Texas here. Clinical Services. Looking into getting into clinical services. Any tips? Recommendations? What to look out for?
@sykescompanyp.a.
@sykescompanyp.a. 5 ай бұрын
Hey Jessika! Great question. Without knowing your pharmacy specifically it's hard to give you any specific recommendations. We have videos and articles that talk about clinical services so feel free to binge (we're releasing more soon). You can also schedule an RX Assessment with us and mention your goal of expanding into clinical services, we'll be able to help you even more: www.sykes-cpa.com/rx-assessment-service/ Let us know what other questions you have. Happy to help!
@ronkeobaro1647
@ronkeobaro1647 7 ай бұрын
It is crazy😂😂😂
@ronkeobaro1647
@ronkeobaro1647 7 ай бұрын
Thank you🙏🙏👏🏽👏🏽
@James-sy8un
@James-sy8un 8 ай бұрын
Good info and a thumbs up for the sick beats at the end.
@sykescompanyp.a.
@sykescompanyp.a. 8 ай бұрын
Thanks James - Maybe we should release a full version?!
@JeffthePharmacist
@JeffthePharmacist 10 ай бұрын
I’m watching
@JeffthePharmacist
@JeffthePharmacist Жыл бұрын
Great discussion!
@sykescompanyp.a.
@sykescompanyp.a. 8 ай бұрын
Thank you Jeff!
@JeffthePharmacist
@JeffthePharmacist Жыл бұрын
Ben, Sykes and co this is really impressive !
@ollinsykes9319
@ollinsykes9319 Жыл бұрын
Thank you for your positive comments!
@mfkhan466
@mfkhan466 7 ай бұрын
​@@ollinsykes931915:06 to 15:15
@Jake-sb2om
@Jake-sb2om Жыл бұрын
Lot's of truth in Christine's assessment of Sykes! You will not find a more honest and straightforward accountant that truly understands the uniqueness of the business of pharmacy.
@sykescompanyp.a.
@sykescompanyp.a. 8 ай бұрын
Thanks Jake!
@myrvienneleon
@myrvienneleon Жыл бұрын
Can you provide 3 Pharmacy Niche banks you all recommend?
@sykescompanyp.a.
@sykescompanyp.a. 8 ай бұрын
Great question. We recommend: - Live Oak Bank - 1st Med Financial - First Financial Bank
@pharmdadfit
@pharmdadfit Жыл бұрын
What do you use for micronutrient testing? Where can I find out more information about this?
@cpagolfer1
@cpagolfer1 Жыл бұрын
I would recommend reaching out to TW at Williamsburg Drug in Williamsburg, VA. I'm sure he would be delighted to take your question. Thank you for listening to the Podcast and for your question!
@endrismusa-ee1ve
@endrismusa-ee1ve Жыл бұрын
That is good
@afghantech5856
@afghantech5856 Жыл бұрын
Can you give some information about leasing and licenses of independent pharmacy?
@sykescompanyp.a.
@sykescompanyp.a. Жыл бұрын
Hi, AfghanTech! Send us an email at [email protected] so we can gather more information to help serve you better. Thank you!
@andrewclark2556
@andrewclark2556 Жыл бұрын
What makes start up pharmacy difference or qualify for the credit
@omodara6542
@omodara6542 2 жыл бұрын
How are you able to afford all these with insurance terrible contract, reimbursement and DIR fees
@sykescompanyp.a.
@sykescompanyp.a. 2 жыл бұрын
Thank you for bringing up this terrific question! Understanding the pharmacy industry, the team at Sykes & Company, P.A. works with pharmacy owners like the Shoffners to track their financials on a daily, weekly and monthly basis with good accounting. This gives them opportunities for managing expenses and their cash flow as well as planning ahead for taxes. Through this careful management, there are ways to mitigate DIR fees and other challenges for independent pharmacists. Contact Sykes & Company, P.A. with your questions.
@minpark4981
@minpark4981 2 жыл бұрын
Hi, I just wanted to say great video. I have a question concerning Section 168 elections: do they have to be consistently applied in future years until consent is given to revoke the election or does the election only apply to the year in which it was applied?
@ollinsykes9319
@ollinsykes9319 2 жыл бұрын
Sec 168 election is made the year the asset goes into use only
@Visualxposed
@Visualxposed 2 жыл бұрын
What if your business makes less than a 100k can you still write off something that is more than how much your business make in a year?
@theopholistpunuval3594
@theopholistpunuval3594 Жыл бұрын
Not on sec 179
@lancewallach3201
@lancewallach3201 2 жыл бұрын
Tax practitioners should be cognizant of the Internal Revenue Service (“IRS”) increasing and focused activity related to micro-captive insurance companies. Additional scrutiny and skepticism may increase the professional liability risk of a CPA firm. CPA firms with clients who have established, or are considering establishing, a Captive should pay special attention to this Risk Alert. - Lance Wallach, tax expert, National Society of Accountants Speaker of the Year and expert witness. [email protected] 516-236-8440
@simplysunshine30215
@simplysunshine30215 2 жыл бұрын
Were do u get icd 9 codes for your invoice
@scottgier5709
@scottgier5709 2 жыл бұрын
Thank you for this great content. Very timely as our local CAH just purchased the independent drugstore downtown. Thank you all.
@johnw3915
@johnw3915 2 жыл бұрын
Buying woot woot! I only thought consultants said this stuff so thank you for saying it here. When I was a lead tech/buyer for many pharmacy types this is worth so much annually! There are many ways to save and props go to the people that look at drug sales data. Understanding what you sell is where your expenses can be lowered most. I really do enjoy your talking points, thanks
@MDavidoff
@MDavidoff 3 жыл бұрын
Independent pharmacy owners should watch more videos like this. Great Job
@emmanuelpaul3197
@emmanuelpaul3197 3 жыл бұрын
Am so happy I came across vividlogs"com for they got me $3k through their bank wire transfer service
@anitawilson3617
@anitawilson3617 3 жыл бұрын
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@johnw3915
@johnw3915 3 жыл бұрын
I have been purchasing for a pharmacy warehouse (specialty/central fill/mail order and community stores) for a while and I wish more people would see your video. Thank you
@ollinsykes9319
@ollinsykes9319 3 жыл бұрын
Thanks for your positive comment!
@thomascarter8940
@thomascarter8940 4 жыл бұрын
0:44 active-dating.online
@africaplus351
@africaplus351 4 жыл бұрын
Not pragmatic!
@africaplus351
@africaplus351 4 жыл бұрын
nice hint. but not pragmatic
@jessicataggart6342
@jessicataggart6342 4 жыл бұрын
Just watched a couple of your videos. If you need a guinea pig to show what you guys can do, I’m game. If you redact my info I’ll bring everything. Contact me
@Cryptosifu
@Cryptosifu 4 жыл бұрын
Do you provide consulting services? I am looking at starting an infusion/speciality pharmacy.
@ollinsykes9319
@ollinsykes9319 4 жыл бұрын
Yes, we provide Rx consulting services for any type of start up pharmacy (infusion/specialty/typical independent/closed door). I suggest you take a look at the media resources at www.sykes-cpa.com and/or give me a direct call at 252 632 0012 as I would be happy to discuss
@pharmdadfit
@pharmdadfit 4 жыл бұрын
Be direct with your communication. The first three minutes was rough but I got a nugget eventually.
@ndidiamakaokpareke7857
@ndidiamakaokpareke7857 5 жыл бұрын
Thanks for this information. Do you have tax info for pharmacies that are C-corporations?