Business Valuations – Myths, Methodologies, & Planning Ahead (PFM On-demand)
AN APC WEBINAR POWERED BY LP3 NETWORK
This is the on-demand version of the webinar for APC Pharmacy/Facility Members.
The webinar was recorded on August 29th, 2023.
Overview
Knowing your compounding pharmacy’s true worth is often times overlooked due to the primary focus of ensuring optimal patient care and ongoing management of your business. The perceived barriers to business valuations can also deter pharmacy owners, leaving them at risk of undervaluing their business when planning ahead (i.e. selling, retirement), making plans based on "rules of thumb", or neglecting to make ongoing improvements that could further increase enterprise value in the future.
Join financial planner Michael Tarrant, CFP, CEPA, as he explores and aims to shed more light on the importance of knowing the value of your business early on, demystifying the complexities of business valuation, de-risking your business to enhance its value, and how to perform a valuation to efficiently and accurately know the worth of your compounding pharmacy business so that you can make informed financial decisions.
Intended audience
- Pharmacists
Learning Objectives
Pharmacists
- Explain the importance of knowing the true value of your compounding pharmacy business
- Identify roadblocks that business owners perceive as barriers with typical business valuations
- Explain a step-by-step approach to facilitate the valuation of your pharmacy business
- Apply your business valuation through key performance indicators to gain performance insight
Hardware/software requirements
Web browser | Google Chrome (most recent 2 versions) Mozilla Firefox (most recent 2 versions) Internet Explorer v11 Apple Safari (most recent 2 versions) Microsoft Edge (most recent 2 versions) |
Internet connection | Computer: 1 Mbps or better (broadband recommended) Mobile device: 3G or better (WiFi recommended) |
Software | No additional software needed |
Hardware | 2GB of RAM (minimum), 4GB or more of RAM (recommended) |
COPYRIGHT
This webinar is Copyright © Alliance for Pharmacy Compounding 2023.
Mike Tarrant, CFP®, CEPA |
Mike Tarrant is a Certified Financial Planner and owner of Tarrant Financial, Atlanta, facilitating the financial lives of pharmacists and business owners, as well as personal/independent planning.
With over 25 years’ experience, Mike helps his clients choreograph their financial lives with common-sense plans designed to align their money with their life’s goals and avoid financial blind spots. He works with pharmacists and business owners looking for strategic planning advice, and families ready to invest for their future and protect their loved ones.
PHARMACISTS
This CE Activity is accredited for Pharmacists by the Accreditation Council for Pharmacy Education (ACPE) through CPE Consultants, LLC.
Total CPE Credits: 1 CPE Hour = 0.1 CEUs
Type | Knowledge-based |
UAN | 0864-9999-23-052-H04-P |
Credits | 1 CPE Hour = 0.1 CEUs |
Release Date | August 29, 2023 |
Expiration Date | August 29, 2026 |
COMPLETION REQUIREMENTS
- View the recorded webinar in full.
- Pay the credit reporting fee of $10.00 USD.
- Complete a learning assessment (minimum 80% passing grade, two attempts permitted) within 14 days.
- Submit a completed live event evaluation form online within 14 days.
When the aforementioned steps have been completed and approved:
- Pharmacists registered in the United States will obtain a statement of completed credits on their NABP e-Profile within 60 days.
- Pharmacists registered elsewhere will receive an automated email from LP3 Network advising that they can download a statement of participation.
- All participants will receive an automated email from LP3 Network advising that they can download the LP3 Network certificate of completion.
CPE Consultants, LLC is accredited by the Accreditation Council for Pharmacy Education as a provider of continuing pharmacy education. |
International participants should verify with their respective governing board for accreditation equivalency.
Please note: You can enroll in the course for free using the access code you were provided with, to get access to the slides and recording. The credit reporting fee of $10.00 USD only needs to be paid if you intend to claim credits. Upon payment, you will get access to the learning assessment and evaluation form, which must be completed to receive credits.
By registering for this Alliance for Pharmacy Compounding (APC) webinar, you confirm that your information, including contact information, will be shared with APC for direct marketing purposes.
CANCELLATION AND REFUND POLICY
There are no refunds, returns or transfers upon purchase of the webinar.