Starting own franchise marketing is as same as launching new head quarter for company. Many of you will have experience of launching new company or division for their company in particular territory.
Those who have this type of experience don’t face much problem while starting their own franchise marketing.
When I met with my one client in Nagpur, he told me about how he started his career in pharmaceutical sales. He started with newly launched marketing company. But due to his hard work and market
reputation, he got some good opportunities in MNC companies. He launched two MNC divisions in his territory.
That was his life changing experience. Soon he realized, he just can start his own work with Pharma Franchise Company. But he was too good in his work as he launched three franchise companies together in his territory as franchisee partner.
If you think, starting own work is matter of finance and documentations then you may be wrong here. In franchise marketing, you can start with as low as 10000/- initial investment but you have to give your 100% work and time to it. You can also start it as part time while doing your routine job as medical representative.
When one of my friend got transferred to new territory in new company as senior medical representative. He got critical care division in new job but in his last company, he was working in general division. He has built good relationships with doctors and other professional so he decided to launch general products with franchise marketing in previous territory.
These are two the example only, I have many of examples like this. These motivate me to inspire sales professionals to start their own work. All persons have different future plan and aims. Some want to get promoted at higher level and want to be at highest position in his company, and some has dream of starting his own work.
Start your journey toward your dream as soon as possible otherwise you will find your dream far away from you as proceed in your career. That’s my personnel experience. I always thought, I should have to start my own work before 2 years ago when I started it.
Always careful about your regular income through other sources during your entrepreneur journey. You have to travel long distance which requires time, money and hard work. Thanks
Hope you have found this article useful to you…. Mail me for suggestion and queries at pharmafranchiseehelp@gmail.com
I am working as a sales representative in a franchise company, and I intend to start my own work. I wanted to know how I can bring products and start my own work, I have good contact with Doctors. In one of your articles I read that I can start at a minimum of 10000 rupees. I don't know how?
I have few products in my mind but I cannot order them in bulk.
I also want to ensure that products are of good quality. I want to name them too.
Have I to go through entire process of registration or as a medical representative I can start with minimum of cost.
Kindly let me know what could be done, so I can expedite things.
Thank you
For starting as a franchise, first you will have to need of a distributor/stockist. Either you own have pharma distribution license or you can appoint a distributor for it.
For getting products, you have to finalize a franchise company. Contact them nad make a agreement with them. Open all term and conditions with them regarding target and sale.
Select company having products which you want to sell. Give order to them. You dont need to give order in bulk. You can start with low quantity and products as you need to start. You can start with 10000/-.
For product quality, you can seek COA (Certificate of Analysis) of each product, you want to sell along with order. You dont need any further registration to start working as a franchise. At some location, you have to register under medical representative association for working in market.
For starting as a franchise, first you will have to need of a distributor/stockist. Either you own have pharma distribution license or you can appoint a distributor for it.
For getting products, you have to finalize a franchise company. Contact them nad make a agreement with them. Open all term and conditions with them regarding target and sale.
Select company having products which you want to sell. Give order to them. You dont need to give order in bulk. You can start with low quantity and products as you need to start. You can start with 10000/-.
For product quality, you can seek COA (Certificate of Analysis) of each product, you want to sell along with order. You dont need any further registration to start working as a franchise. At some location, you have to register under medical representative association for working in market.