Smart Decision Making Requires the Right Tools

Mar 11, 2020

This article discusses how pharmacy owners can use their data to make smarter choices. By utilizing the information found in three routine financial statements, pharmacy owners can gain confidence and improve the bottom line of their business. These financial statements include; balance sheet, income statement, and cash flow. Learning how to read and process this data can help your pharmacy grow and succeed.

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Blackman & Sloop is the brand name under which Blackman & Sloop Advisors, Inc. provides professional services. Blackman & Sloop Advisors, Inc. and Balance & Strategy Advisors, CPA’s LLP practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations and professional standards. Balance & Strategy Advisors, CPA’s LLP is a licensed independent CPA firm that provides attest services to its clients. Blackman & Sloop Advisors, Inc. and its subsidiary entities, which are not licensed CPA firms, provide tax, advisory, and other non-attest services to its clients. The entities are independently owned and are not liable for the services provided by any other entity providing the services under the Blackman & Sloop brand. Our use of the terms "our firm" and "we" and "us" and terms of similar import, denote the alternative practice structure conducted by Balance & Strategy Advisors, CPA’s LLP and Blackman & Sloop Advisors, Inc.