Benasource Consulting Services Sets New Pharmacy Businesses Up for Success

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Benasource, a strategically positioned, group purchasing partner dedicated to lowering pharmaceutical costs, is proud to announce it will be adding additional team-driven resources to help aspiring entrepreneurs launch their own independent retail pharmacies.

The process of buying, opening and running a pharmacy can be fractured on many levels, but Vinesh Darji, President of Benasource, believes it can be seamless—all it takes is making sure the right framework is intact from square one.

“Our goal is to ensure a smooth transition for every new pharmacy owner by giving them a better idea of what to expect in terms of construction costs, financing, licensing, and so on. We do the heavy lifting of setting-up wholesaler and insurance contracts up front; and then, work to keep everything squared away by supplying the right technical and marketing support on the backend.”

Benasource Consulting Services will also collaborate with prospective partners in building out their pharmacies, reviewing rental and/or lease rate agreements to make sure they are equitable from a budgetary standpoint, and negotiating favorable PSAO terms.

“We will notify all licensing boards of the decision to acquire a pharmacy; and subsequently, ensure all federal guidelines are followed to the letter,” Darji explained. “Once closing is complete, our consultants take care of transitioning all licensing information and legal documents over to new ownership.”

Other elements that fall under the Benasource Consulting Services umbrella include assistance with establishing a name for the new corporation, filing for a corresponding Federal Tax ID number on behalf of the owner, updating NPI and NCPDP registries, obtaining general and professional insurance coverage, and providing oversight in regards to Workers’ Compensation.

With Benasource onboard, the signs all point to a dramatic journey in progress. But don’t take that for one that ends at the grand opening.

“In this case, the destination is only the beginning,” chimed Darji. “The birth of a new pharmacy brings great promise to the owner and community alike.”

Benasource Consulting Solutions helps keep it.

For more information, visit http://www.benasource.com or begin the conversation at info@benasource.com. Interested parties are encouraged to reach a Benasource Consulting Solutions team member by phone at 813-331-6825.

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About Benasource. Benasource represents a singular approach in group purchasing that enables independent pharmacies to achieve their financial goals by reducing their annual cost of goods by 2-3 percent. Powered by strategic alliances with wholesalers and vendors of every stripe, membership is renewable on a year-by-year basis, free of long-term contracts. Other features of the program include low minimum purchase requirements and access to preferred partners in marketing, digital media, and other areas to help support organic growth.

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