Month: December 2015
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Change always comes with new challenges and responsibilities !!!
Change always comes with new challenges and responsibilities. Change is universal truth but we always run from change. Change in life, change in job, change in profession, change in habits etc. Job is also a habit which we are doing from last few years, I am in job from last six years and you will…
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What should you do if your first pharma franchise company marketing met with failure?
Failure and success is a part of any business. If you didn’t find any success in your first attempt, you don’t need to over react at the situation. This is normal thing that happens to all new businesses and new comers. At that time just remember your first job, first day, first company and first…
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How much cost required to set-up pharma marketing company office?
Query: I would like to set up Head office of a Pharmacy marketed by company in Bhopal. Please give me details of Office-set up cost. Response: As you mentioned, you need details of office set-up cost for your marketed by pharmacy company. Head office cost depend upon many factors like number of staff, location, decoration,…
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What will be the role of franchise companies in Rs. 3.63 lakh crore India pharma market by 2020?
As India pharmaceutical market is going to touch Rs. 3.63 lakh crore by 2020. What will the role of new or small pharma franchise and marketing companies in India by 2020. Pharma market is dominated by big pharma companies. There is not any parameters we can calculate share of pharma franchise companies but it looks…
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Questions that will make you free?
Before starting new thing we have lot of questions in our mind. Finding answer of these questions is always very difficult. We create lot of excuses to not start new things but these excuses can’t be solution. You have to do different to stand out from crowd. We are living in a world where everyone…
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I want to start a own pharma company
Query: I am a first year B. pharmacy student.I want to start a own pharma company.Which products do I start with ?Where from do I invest? Response: You can read related article at link given below… What should I do after completing my B. Pharma ? Job or Business ! Suggest Me… In above article…
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What type of license require to sell and distribute drinks?
Query : Company wish to appointment me company stockist for org drinks here in Mumbai. I have GST, private limited, FSSAI license with me. Do I need any other license to store and sell it. Awaiting for your reply… Response: Sir as you describe org drinks. Most drinks come under food and nutrition supplements. For…
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I want to do pharma franchise business
Query: Sir I want to do pharma franchise business in my state but all companies net rates are same. In other states doctors don’t take commission to prescribe but in my state doctors take 40 to 50 percentage to prescribe. I get very low margin. I searched lot but find no solution. Please help me….…
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Propaganda Cum Distribution
PCD meaning: PCD is abbreviation used for term Propaganda cum Distribution in pharma market. Propaganda is a latin word meaning ‘to spread or to propagate. In pharmaceutical sector PCD term is used for the distributors who spread or market company products along with distribution. Most of times PCD is considered as pharmaceutical franchise companies but…
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What will be budget for pharma company, please guide us !!!
Query: We are four friends .and we have more then 3 year experience each and we are registered pharmacist . We want to start Own pharma company. Please guide the budget. Response: For starting pharma company your first need is pharmacist or EP. It require to start minimum of one partner to be registered pharmacist…