How to Start a Pharma Franchise Business? - Irene Pharma

1
Irene Pharma

• Irene Pharma is a topmost Gujarat based pharma
  franchise company. We are known and are amongst
  the top 10 PCD pharma franchises in India. We
  offer high-quality PCD pharma products and offer
  PCD pharma franchises on a monopoly basis.

2
Start your Business
3
HOW TO START A PHARMA FRANCHISE BUSINESS?
HOW TO START A PHARMA FRANCHISE BUSINESS?
4
Pharma franchise business is performing well. It
is going at a superb speed globally. In
flourishing economies like India, the speed of
business is overwhelming. With every passing
day, the pharma franchise business is becoming
bigger and bigger. It is because the demand for
healthcare products, services, and medicines
shows an upward trend. The earlier you catch the
bus, the better it is. Though the competition is
fierce, one can beat it by making good business
strategies. If you are a budding entrepreneur,
who wants to build a pharma franchise business,
then this is useful for you. Before we move
further, it is important to understand
between PCD pharma company and Pharma Franchise.
These are two different things and concepts.
5
(No Transcript)
6
What are the requirements for a PCD pharma
franchise?

• When you launch a PCD Pharma, the business
  operates in a small segment. Here the targets are
  also low. The starting orders are small.
• What are the market segments in this model? They
  are distributors, wholesalers, and medical
  representatives.
• Since you need small money, this business model
  is ideal for people, who have limited resources.
• Pharma Franchise is bigger in all aspects. In
  this model, the sales targets are high, and the
  size of the order is also big.
• In the Pharma Franchise model, the individual
  should have at least 10 years of working
  experience in the field.

7
(No Transcript)
8
Steps to launch a pharma franchise business

• You have to search for good pharma companies and
  see whether they have any vacancies for PCD
  business.
• If you find some, then you need to make a list of
  criteria for comparison.
• Compare two or more companies based on your
  selection criteria and pick the best.
• Find out the list of products and their price
  list.
• You need to sign the market agreement based on
  the terms and conditions agreed by both parties.
• Once everything is finalized, then you are ready
  for the show.

This is just a guideline about the steps. That
does not mean the list is complete. There could
be a few more points based on your individual
needs.
9
(No Transcript)
10
Terms and conditions

• You are supposed to make arrangements for the
  funds. In the initial phase, you will not get any
  type of help. Once the credibility is
  established, you may get advance payment from the
  pharma company.
• For that, you must have clarity of the terms and
  conditions written in the document.
• Do not guess anything. Seek help from experts if
  there is any confusion.
• Everything should be documented. From working
  procedure to payment terms, and marketing and
  promotion to market segmentation you should be
  clear.
• If you know a market segment where there is
  nobody to compete with and you are confident
  about doing good business there, then you can
  demand monopoly rights. But you require a written
  agreement for that.

11
Conclusion
A pharma franchise business could be very much
exciting if you run it with dedication and
determination. Your efforts will bring great
success. It will be an exciting journey if you
partner with the best pharma company.
12
(No Transcript)
13
Thanks!
Email irenepharma09_at_gmail.com No. 91
9429774410 Website https//irenepharma.com