What are the Requirements for Pharma Franchise?

1
What are the Requirements for Pharma Franchise?
2
Pharma Franchise

• What are the Requirements for Pharma Franchise? 
  Do you want to set up your own business in
  Pharmaceuticals? Looking for the best Pharma
  Franchise business opportunity? Well, there is no
  doubt in the fact that Pharma Franchise/ PCD
  business is flourishing well in India. The per
  capita sales of pharmaceuticals expanded at a
  CAGR of 17.6 percent to US 33 in 2016. The
  industry is expected to grow over 15 percent per
  annum between 2015 and 2020. This has simply
  increased the scope for Pharma Franchise business
  as a result wants to know What are the
  Requirements for Pharma Franchise? 

3
Pharma Franchise

• It could be bit exhausting and troublesome for a
  newbie in the pharmaceutical sector who wants to
  start the business in Pharma Franchise. To get a
  PCD Pharma Franchise from a pharma company and
  work in the industry is an exciting opportunity
  and do not require much investment. For fresher
  in Pharmaceuticals PCD ( propaganda cum
  distribution) is the best option to go for while
  for the experienced one Pharma Franchise is best.
  However, both of them are same but the scale in
  which the work is done differs from one another.
  Here in this post, we will be telling you all
  about the Requirements for Pharma Franchise for
  setting up your own business in the
  pharmaceutical sector.

4
Requirement for Pharma Franchise
5

• Documentation and Licensing Requirements for
  Pharma Franchise
• The government of India has set certain rules and
  regulation for the pharmaceutical industry. These
  rules are related to marketing, trading,
  manufacturing of drugs or medicines along with
  other pharma products. For starting, your own
  business in the pharmaceutical sector you need to
  get the permission from the authorities. If you
  are legally eligible only then you could apply
  for the pharma franchise business.
• Given below is the list of license and documents
  that are required for taking pharma franchise in
  India

6

• You must be registered on GST network.
• Drug marketing license is mandatory
• You should be legally enforced in case you are
  under partnership firm.
• The documents stating the ownership of the
  premises are also needed to be submitted.
• You need to submit the copy of documents as per
  company norms and regulations.
• These are some of the most important documents
  which are required for the legal selling of
  medicines or pharma drugs in India. You must have
  them if you want to start your business in case
  you do not have them you can use the license of
  your wholesaler as well.

7
Investment Requirement Pharma Franchise

• Investment is one of most important and foremost
  requirement of starting any business. Same goes
  to Pharma Franchise for a successful pharma
  franchise business. You must have the good flow
  of money in if you want to give a good start to
  your business. Since the opportunities are quite
  high in the pharma franchise business, therefore,
  it is considered as one of the best areas to
  invest money in the pharma industry. Before
  investing in the pharma franchise company make
  sure that you choose the trustworthy and right
  pharma company.

8
Qualification and Experience Requirement for
Pharma Franchise

• For starting a pharma franchise business you need
  to be experienced in the pharmaceutical sector.
  Experience will take you long in this field and
  provide you the good opportunity as well. If you
  are a Pharma Wholesalers, Retailers, Pharma
  Distributors, Registered Pharmacists you can
  apply for the pharma franchise in the company of
  your choice. Other than this, the person who is
  covering the pharma marketing and distribution
  chain can freely apply.
• If you are having 3 years of pharma sales
  experience than you can also apply for this
  business opportunity. The minimum qualification
  for the person is Secondary School Certificate
  (SSC) Examination or Graduation passed. You
  should have knowledge about profit margin, net
  rates, MRP etc.

9
Conclusion

• These were the basic requirements for starting a
  business by the getting pharma franchise from the
  reputed company. Make sure that you choose the
  right pharma company to invest your money only
  then you will get the good return on your
  investment. You must know the right way to apply
  for the pharma franchise to own a business. We
  hope you find this post helpful in getting the
  complete insight about the requirements for
  pharma franchise business.

10
CONTACT US

• Address Ronish BioceuticalsRonish House,
  Nanhera Link Road, Kuldeep Nagar, Ambala Cantt
• Phone [phone]

Website www.ronishbio.com