Tag: Pharmaceutical Marketing Rights on a Monopoly Basis

PCD Pharma Franchise business is one of the most profits earning venture. For any business, investment is required, but it is not sure that in the business that you will get back that amount with profit. On the other hand, PCD Pharma Franchise requires low investment with less risk factor. Which gives confidence to the business owner, and he does work hard to expand his business in the market. Since the demand for healthcare services and medicines rise rapidly, so it is good to enter the Pharma business.

For starting a Franchise, Pharma Company will ask for your Drug License number and TIN number. These two, you can arrange from your wholesaler or distributor to whom you want to appoint stockiest.

You should plan following things before further processing to avoid problems:

· First prepare list of products or formulations you want to market….

· Search pharma Franchisee or PCD Company through Google, Drug Today, IDR etc.

· Ask them whether your location for Franchisee is vacant or not…

· If Vacant, ask to mail you the product range , product packaging & price list & other services offered by the company with terms & conditions.

· You should get Price list for minimum 4-5 companies for Rate comparison, MRP comparison and Range Comparison…

· While selecting company, be aware about company history and track record. Also confirm regular availability of products which you want to market…

· After Selecting, place order, make payments and ask them to raise invoice and dispatch the goods along with promotional material like sample catch cover, visual aids, Bag, LBLs, Dr. Reminder Cards & other promotional inputs etc.

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