Securing Your Legacy and the Future of Community Pharmacy
Whether you’re planning to retire, sell, or transition your pharmacy to the next generation, proper succession planning ensures your life’s work continues to serve your community while maximizing the value you’ve built. The NCPA Foundation provides resources and guidance to help you navigate this critical journey.
This Program Is Growing: Our succession planning resources are in the early stages. We’re committed to providing independent pharmacy owners with the tools, guidance, and support needed to successfully transition their businesses. Check back regularly for new resources, webinars, and expert guidance.
Why Succession Planning Matters
A well-crafted succession plan protects your financial future, ensures continuity of care for your patients, preserves jobs for your staff, and strengthens the independent pharmacy community. Yet many pharmacy owners delay this crucial planning until it’s too late.
Starting early—ideally 5-10 years before your intended exit—gives you the time and flexibility to maximize your pharmacy’s value, identify the right successor, and create a smooth transition that benefits everyone involved.
Learn from industry expert, Jeff Harrell, as he shares essential strategies for successful pharmacy succession planning.
The Succession Planning Timeline
Successful succession planning is a multi-year process. Here’s a sample roadmap to help you navigate each phase.
