E24 - Technology Considerations when buying and selling your Pharmacy
Play • 28 min
On this episode of the Pharmacy View podcast, Scott and his guest, Natalie Sirianni, break down the many components involved in the sale of a pharmacy. A broker whose entire family works in various aspects of the industry, Natalie draws on 15 years of experience. She walks us through a checklist of items to consider when buying or selling a pharmacy. Many of the most challenging aspects of such sales extend well beyond traditional bricks-and-mortar business concerns. Social Media Clips: • The ways in which technologies have transformed due diligence and the process of purchasing a pharmacy through the use of virtual data rooms. (06:23-07:38) • In addition to other technology systems, social media can present a “bit of a minefield” when it comes to the smooth transfer of pharmacy business operations. (13:07-13:56) • Technology smooths the process, but at the same time adds steps and variables to consider and address. (16:35-16:50) • Confidentiality requires that sales are kept confidential even from staff up until the last moment, which has implications for transitioning into a new operation. (19:11-19:42) • Medici Capital-sponsored events, what they offer and what’s ahead post-Covid19. (24:46-25:58) Links for Natalie Sirianni: (Company Website): www.iattain.com.au Natalie's Bio @LinkedIn Medici Capital Events Pharmacy View/Sponsor Contacts: Scott at LinkedIn https://shopfrontsolutions.com.au/
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