WELCOME to Pharmacy Daily's weekly comment feature. This week's contributor is Lisa Golden-- CEO & Managing Director, Kizmet Capital
Alternative ways to finance
Gone are the days when you would buy a house, bite off more than you can chew and raise a family in the same area for decades. Nowadays, people are buying a house, it increases in equity, they sell it, refinance, and move somewhere bigger. It's a really different approach.
This applies to pharmacy ownership too. It's no longer the case that you would buy a pharmacy in a faraway location and stay there for the next 40 years. There is a new fluidity to the way we live and work in which finance can play a pivotal role in helping facilitate.
Yes, traditional loan structure where you go to the bank with a deposit and borrow the balance works for some circumstances, but this change in mindset and approach to our lives and businesses means pharmacists require a range of different financial solutions to meet a need at a particular point in time.
As a specialist pharmacy broker, Kizmet have developed unique, innovative finance solutions to ensure pharmacists have this flexibility to meet their needs and the needs of a changing market.
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