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Scotty began his career at Sykes & Company, P.A. shredding paper in the 1990s. Since then, his focus has helped lead Sykes & Company, P.A. forward by building strong relationships with pharmacy owners, third parties and key vendors to enable pharmacy clients to have access to the best possible resources, accounting, tax and advisory in the pharmacy industry. He is actively involved in all areas of pharmacy accounting and tax with an emphasis on high-level advisory for pharmacy clients.
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Scotty began his career at Sykes & Company, P.A. shredding paper in the 1990s. Since then, his focus has helped lead Sykes & Company, P.A. forward by building strong relationships with pharmacy owners, third parties and key vendors to enable pharmacy clients to have access to the best possible resources, accounting, tax and advisory in the pharmacy industry. He is actively involved in all areas of pharmacy accounting and tax with an emphasis on high-level advisory for pharmacy clients.
While your main goal as a pharmacist is to help improve your patients’ health and quality of life, at the end of the day, your pharmacy is a business. In order to best help your community, you need to be able to stay open. Scotty Sykes, a certified public accountant (CPA) at Sykes & Company P.A., joins the podcast to talk about the financial aspect of running an independent pharmacy in today’s world. He explains the effect of government loans during COVID-19, as well as optimizing financial margins and cash flow at the pharmacy. This all ties back into becoming a “one-stop shop” for healthcare in your community and expanding your products and services to bring new streams of revenue to your business.
While your main goal as a pharmacist is to help improve your patients’ health and quality of life, at the end of the day, your...
Business & Ownership • Clinical Services • COVID-19 • Technology