At O’Connell Store Fixtures, installing store fixtures is the smallest part of what we do. Our team is here to launch your new pharmacy on the path to success — and that begins with proper planning.
Our new blog series, “Did You Do Your Due Diligence?”, will showcase real life stories of pharmacy owners in Ontario who failed to plan properly. Read our blogs to learn how to avoid their mistakes and develop strategies for doing ‘due diligence’ when building a pharmacy!
In this month’s edition of “Did You Do Your Due Diligence?”, we will be explaining the importance of a site inspection for your new location. Unless you have architectural drawings of the pharmacy space, it is essential to have a site inspection done by a professional in advance of the construction phase.
We’ve done business with many new pharmacy owners who didn’t even know where their building was… So why is this a big deal? In short, there are things you can learn from a site inspection that you won’t find on the lease or other documentation. You should go visit the site in person — or get someone you trust to do it for you.
Understanding the neighbourhood around your pharmacy is also important. A visit to your site is an opportunity to learn more about the demographics of the area. Who will your pharmacy be serving? You will need to stock different products, depending on whether families or seniors live in the area.
What’s the takeaway? Get a site inspection done for your new pharmacy. Figure out who lives around your neighbourhood and what kinds of products they will buy. Do your due diligence!
Looking for assistance with a site inspection? Contact the team at O’Connell Store Fixtures in Ontario today.