With 2025 fast approaching, this season is focused on giving thanks for the past year and thinking about what we are looking forward to achieving in the upcoming one!Â
Setting business goals for your independent pharmacy looks slightly different than picking your personal New Year resolutions.Â
Before you can decide on specific goals for your independent pharmacy, it may be a great time to reflect on why you started your business and assess if there are any adjustments you need to make to keep your vision alive!Â
When setting goals for your independent pharmacy, it is important to be clear, specific, and realistic in your timeline for completion.Â
Here are a few tips to help set goals for 2025:Â
Take time to reflect on past goals.Â
Determine if you want to expand on goals from 2024 or if it may be better to come up with entirely new ideas.
Have both short-term and long-term goals.Â
Create a plan for completing long-term goals. Small victories throughout the year can help your independent pharmacy achieve long-term goals. Examples include establishing quarterly profit targets to reach an overall end-of-year profit goal. If improving the store’s appearance is the long-term goal, scheduling small tasks each month, such as cleaning or re-designing a certain area will help you succeed.Â
Identify what timelines are realistic for your independent pharmacy.Â
Goals should challenge your independent pharmacy, but setting goals that are too far out of reach may cause frustration and stress. Having goals within reach can still create motivation to improve without unattainable targets. Do research when reflecting on past goals to help determine what is attainable for your independent pharmacy.Â
Goals set should excite and motivate you and your employees.Â
Have fun with the goals you set for your independent pharmacy. Consider offering incentives or rewards for yourself or your employees if the pharmacy meets some or all of its goals. Incentives can help boost morale and encourage teams to work together more effectively to reach the set goals.Â
Goal-setting can be challenging, and it can be difficult to brainstorm ideas. Here are a few to consider:Â
- Interested in selling certain front-end products? Set a goal to run limited time promotions throughout the next year!Â
- Looking to attract new customers? Use social media to reach your community by sharing your own content or running advertisements!Â
- Want to boost your bottom line? EPIC Rx can provide the tools to do so!Â
EPIC Rx offers competitive off-invoice generic pricing, complimentary NCPA membership, exclusive vendor discounts, and more!
Contact us today to learn how EPIC Rx can help you achieve your 2025 goals!Â