The Entity Checkup with Medari Advisors – Monthly Mastermind August 2026
The Entity Checkup with Medari Advisors – Monthly Mastermind August 2026 Lisa Faast and Curtis discussed the importance of entity structure reviews for pharmacy owners, emphasizing the need to revisit entity choices as business evolves. Curtis explained different entity types, including sole proprietorships, multi-member LLCs, single-member LLCs, S corps, and C corps, highlighting their tax […]
FISH! – Monthly Mastermind July 2026
FISH! – Monthly Mastermind July 2026 Lisa Faast introduced the “Fish Philosophy” from the Pike Place Fish Market to improve team culture in pharmacies. The philosophy, based on four tenets—choose your attitude, play, make their day, and be present—aims to enhance employee engagement, retention, and customer satisfaction. Faast shared that engaged employees can increase profit […]
How to Ask for and Get More Testimonials (The Right Way!) – Monthly Mastermind June 2026
How to Ask for and Get More Testimonials (The Right Way!) – Monthly Mastermind June 2026 Lisa Faast led a mastermind session on leveraging testimonials for pharmacy growth. She emphasized the importance of testimonials in the patient life cycle, particularly during summer when customers are more approachable. Lisa detailed the pharmacy profit matrix, focusing on […]
Training Chatty & Using Projects – Monthly Mastermind May 2026
Training Chatty & Using Projects – Monthly Mastermind May 2026 Lisa Faast led a discussion on leveraging AI, particularly Chat GPT, for pharmacy operations. She emphasized the importance of training Chat GPT to understand business specifics, such as pharmacy services, staff, technology, and challenges. Lisa highlighted Chat GPT’s capabilities in summarizing information, generating marketing strategies, […]
Tax Tips, IRS, End of Year Tips | Monthly Mastermind December 2022
Tax Tips, IRS, End of Year Tips | Monthly Mastermind December 2022 Lisa Faast and Rob discussed year-end tax strategies for pharmacies. They emphasized the importance of understanding tax laws and leveraging them to reduce tax burdens. Key tips included utilizing the Employee Retention Tax Credit (ERTC), paying children up to $12,900 without tax implications, […]
Retirement Planning: How Much is Enough? – Monthly Mastermind May 2023
Retirement Planning: How Much is Enough? – Monthly Mastermind May 2023 Lisa Faast and her team from Diversify RX and Your Financial Pharmacist (YFP) discussed the importance of retirement planning for pharmacy owners. Lisa emphasized the need to plan beyond just selling a pharmacy, considering factors like health, energy, and financial goals. The team highlighted […]
Diversify & Increase Revenue with ConvaCare – Monthly Mastermind April 2024
Diversify & Increase Revenue with ConvaCare | Mastermind – April 2024 Lisa Faast and guests Shane Smooth and Chris Link discussed the significant market opportunity for independent pharmacies in the respiratory medical equipment sector, particularly sleep apnea, which generates over $18 billion annually. Convocare, a franchise offering respiratory services, was highlighted as a turnkey solution […]
Live Events – Monthly Mastermind April 2026
Live Events – Monthly Mastermind April 2026 Lisa Faast led a discussion on hosting live events for pharmacies, emphasizing their role in boosting patient loyalty, increasing foot traffic, and driving sales growth. She outlined a six-to-eight-week planning timeline, including partnering with local businesses and starting marketing four to six weeks before the event. Key event […]
Problem Solving Profit Booster – Monthly Mastermind April 2023
Problem Solving Profit Booster – Monthly Mastermind April 2023 Lisa Faast discussed strategies for increasing pharmacy profits through problem-solving and upselling. She emphasized the importance of selling related products to existing customers, using examples like offering free teeth whitening to weight loss patients. Lisa highlighted three main areas: diabetics, hair loss, and weight loss. For […]
Secure 340b maximizing Profits with 340b claims – Monthly Mastermind May 2024
Secure 340b maximizing Profits with 340b claims – Monthly Mastermind May 2024 Lisa Faast and Amanda from Secure 340B discussed the importance of optimizing 340B programs for independent pharmacies. Lisa highlighted the need to diversify revenue streams and improve patient care post-DIR fee apocalypse. Amanda explained Secure 340B’s tools, including the 340B Navigator and Counter […]