Dearborn Heights Pharmacy: Tips for Starting Your Own Local Pharmacy


Dearborn Heights Pharmacy is committed to providing its clients an experience like no other – excellent product knowledge, stellar customer service, and familiarity with customers. If you would like to start your own local pharmacy in your town or city, Nabil Fakih, the owner of Dearborn Heights Pharmacy, offers the following tips:

1. Know why you want to start your own pharmacy. Before starting Dearborn Heights Pharmacy, Nabil Fakih worked at a large chain drugstore – and did not like his experience there. He started looking back to his childhood, when visits to the local pharmacy were always something to look forward to. Despite the risks and regulatory requirements that were at play when he was just starting the pharmacy, Nabil never regretted his decision, saying that his attempts to recreate his childhood pharmacy experiences have been largely successful.

2. Seek advice from people who have been there. The independent pharmacy community is a pretty tight-knit one. You could visit web sites that offer tips for new businesses, talk to pharmacy owners and pharmacists, and seek help from organizations that serve pharmacies. You could also meet with a lawyer who could give you valuable legal advice that will help you navigate the sea of requirements and regulations that come with opening a pharmacy, including pharmacy licenses. You should also get the services of a licensed pharmacist to run the day-to-day operations of the business, as well as an accountant and (in some cases) someone well-versed in health insurance.

3. Know your market. If you live in a retirement community, chances are you’ll be flooded with prescriptions for painkillers or medication for Alzheimer’s. If you plan to open a pharmacy with a large population of children under 18, you might want to stock up on pediatric medication. Choosing the right type and amount of inventory might spell the difference between success and failure.

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