Month 1: Introduction to Pharmacy Ownership

• Understanding the pharmacy market in the UK
• Types of pharmacy businesses (independent, chain, franchise)
• Legal requirements and regulations for pharmacy ownership
• Initial considerations: location, size, and type of pharmacy

Month 2: Financial Assessment and Valuation

• Key financial metrics for pharmacy businesses (Total Income, EBITDA)
• Understanding pharmacy valuation methods
• Analyzing financial statements and performance indicators
• Assessing growth potential and profitability

Month 3: Due Diligence and Market Analysis

• Conducting thorough due diligence
• Analyzing local demographics and competition
• Evaluating existing services and identifying growth opportunities
• Assessing staff and operational efficiency

Month 4: Funding and Partnership Models

• Exploring funding options for pharmacy acquisition
• Understanding different partnership models
• Evaluating the pros and cons of full ownership vs. partial stake
• Negotiating terms and structuring deals

Month 5: Operational Considerations

• Pharmacy layout and design for efficiency
• Inventory management and supply chain considerations
• Implementing and expanding clinical services
• Technology and software requirements for modern pharmacies

Month 6: Business Growth and Development

• Strategies for increasing prescription volume
• Expanding OTC sales and front-end offerings
• Marketing and community engagement strategies
• Developing new services and revenue streams

Each session will include case studies, interactive Q&A, and practical exercises to help participants apply the knowledge to real-world scenarios.

Faheem Ahmed

CEO & Founder of MEDLRN