Congratulations…!! not everyone got the self-will to stand on their own but you just took your first step towards entrepreneurship . !!
Welcome home Prosperity..!!
Pharmacy trade is a very good thing and Starting a retail business is a very right step to take if you are looking to delve into the retail pharmacy business because of the great returns on investment that is being guaranteed. Retail pharmacy industry is known to be highly competitive in most parts of the world and the competitors ensures that they do all that lies within their powers to gain favourable market share of the available market in any given region. It is a fact that small retail pharmacy stores will always struggle with larger pharmacy chains when it comes to pricing power and brand recognition, which is why You will need to have strong reasons to be in business and the visions to succeed.
All over the world, the pharmaceutical industry is highly regulated because of the devastating effect of fake drugs and there are several laws and regulations that govern the patenting, testing, safety and marketing of drugs. As you are an Entrepreneur in the making of your own pharmacy , you must comply with the regulations of local pharmaceutical administrations so your pharmacy must follow the regulations that guides the sourcing, storage, sale, supply and keeping of records, in respect of medicinal products.
(Being in the business of Pharmacy Designing and consultations for several years we learned the regulations of several countries and we are in constant correspondence with several State Authorities which forms the regulations for pharmacies)
So, where you plan to start out from and what you have to be an Pharmacy Entrepreneur?
Every aspiring Pharmacists can establish their own retail pharmacy but to achieve your goal as a successful entrepreneur you have to build your business on a solid foundation. Location of your pharmacy and design layout based on local shopping behaviours are the foundation of your business over which you can improve the strength of your pharmacy through products, services and customer care.
Our company’s corporate culture and principles are designed to drive your business to greater heights and We are committed to build the business of your dreams..!
Contact us now.!
So now you are determined to become a pharmacy Entrepreneur, How to make your Start-Up pharmacy to be the number one choice of your community.?
Here is a short introduction and start-up Instructions
1. Feasibility studies, market survey are more than important before making the decision to setup the pharmacy , this helps you to see the potential of your business you are building.
2. Your sales forecast must be gathered during your feasibility studies along with your source of Income and structure of your business.
2. Check your region’s health care reform policies and analyze the pro’s and con’s along with your business strategy.
3. Do a SWOT analysis of your business based on the location, business opportunities available in the community and your personal capabilities and see if this can be the right decision for your future.
4. Start functioning with very limited human resources and be involved in every aspect of the functioning of your pharmacy (at least partially) this will help you to take the right decision while recruiting the suitable person for the job.
The marketing and sales strategy of your Pharmacy should be based on generating long-term personalized relationships with your customers, Consistent offering of high quality medicines and excellent customer service can increase the number of your customers by more than 25% for the first year and then more than 30% subsequently.
The future of your business lies in the numbers of loyal customers, their capacity and the business structure. If all of these factors are missing from your business, then it may not be too long before the business closes shop. we know it from our working experiences with start-up pharmacy Entrepreneurs, “If things are put in place with well proved business strategy and reliable technologies – your business will survive off its own cash flow and your life and the generations to come will prosper through it.”
“We become what we behold.
We shape our tools and then our tools shape us”
We encourage new entrepreneurs and as a contribution to your business, new pharmacy entrepreneurs will get 30% discount on all our services.
Your will to succeed is the seed for prosperity, so use it wisely.
CONTACT US NOW!!