#26 Exiting Your Pharmacy Business: Strategies and Insights with Max Beairsto

In this episode of the Pharmacy Edge Podcast, host Matt Hodgson welcomes Max Beairsto, an industry veteran and host of the EVCOR advisor podcast. Max discusses his forthcoming book, ‘Exit: From Ownership to Retirement, the Ultimate Guide to Exiting Your Canadian Retail Pharmacy.’ They dive into the importance of having a well-prepared exit strategy, common mistakes pharmacy owners make, and the need for early planning. Max also highlights the emotional and financial challenges involved in the transition from ownership to retirement and shares insights from his extensive experience in the field. The episode serves as a comprehensive guide for pharmacy owners looking to successfully navigate their exit from the business.

00:00 Introduction and Guest Welcome

00:42 Max Beairsto’s Background and Book Inspiration

01:53 Understanding Exit Strategies

03:03 Common Mistakes in Exit Planning

05:14 Importance of Proper Exit Preparation

05:58 Key Takeaways from the Book

07:22 Personal Experiences and Lessons Learned

09:01 What Sets This Book Apart

10:08 Where to Find the Book and Closing Remarks

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