Blog

Expanding your independent pharmacy to multiple locations can be an exciting growth opportunity. It offers the potential to increase revenue, broaden your customer base, and build long-term value. But opening a second—or third—location also comes with a host of financial challenges that require careful planning and management.  Before...

For many nonprofit organizations, June 30 marks more than just the end of another fiscal year. It is an opportunity to step back, evaluate operations, and consider whether your current reporting cycle continues to support your organization's mission and long-term goals. While many nonprofits naturally adopt...

Blackman & Sloop is proud to announce that Assurance Partner Deetra Watson, CPA, has been recognized on the Forbes 2026 Best-In-State CPAs list, a distinction that highlights outstanding accounting professionals who have demonstrated excellence in client service, leadership, expertise, and contributions to the profession. This prestigious...

For independent pharmacies, budgeting often feels like a daunting or even unnecessary task. After all, you’re busy managing day-to-day operations, juggling staff, handling reimbursements, and serving your community. It’s easy to think, “If the business is making money, why worry about a budget?”  But the truth is, budgeting is one...

The nonprofit sector stands at a pivotal moment. Increasing social needs, economic uncertainties, and evolving donor expectations are reshaping philanthropy’s landscape. In this environment, the ability of nonprofits to sustain their missions hinges not just on passion or goodwill but on sophisticated financial strategies that...

For many students, the moment they hear “CPA,” their minds go straight to the exam. The focus quickly turns to review courses, testing windows, and pass rates. It is easy to assume that becoming a CPA begins with scheduling that first section. But the exam is...

In today’s fast-paced pharmacy environment, operational efficiency is crucial—not only for customer service but for managing your financials effectively. Many independent pharmacy owners rely on manual processes, spreadsheets, or outdated software that can slow down accounting workflows, increase errors, and limit financial visibility.  Upgrading your technology isn’t just...

As donor expectations, grant compliance requirements, and regulatory scrutiny continue to increase, audit readiness has become a strategic priority for nonprofit organizations. For controllers, CFOs, and finance leaders, being “audit ready” extends far beyond preparing for year-end fieldwork. It requires building a sustainable framework that...