Complete Information About: How to Get Franchise of a PCD Pharma Company in India?
This is the very first question that comes in front of all those who are exploring the PCD Pharma Franchise field to start their own franchise business and want to have a franchise of a best pharmaceutical company.
Before starting any business there should be a basic knowledge about that business. Like where to buy, where to sell, what to buy and how much. Especially if you are totally new in that business.
Likewise, other business PCD Pharma Franchise Business basic terms are same, but main terms are little bit different.
So, before you start think about starting a PCD pharma Franchise of any company, you should come to know about the terms PCD Pharma Franchise.
What's a PCD Pharma Franchise Anyway?
A PCD Pharma Franchise is the Franchise of medicines. A big medicine company makes lots of different medicines. Instead of trying to sell them to every single person or tiny clinic across India, they team up with local people or businesses. These local partners are like the "franchisees." They get permission to sell and distribute the big company's medicines in their specific area, like their town or district.
It's a way for medicines to get from the big factories to your local chemist shop or hospital. The big company provides the medicines, and the local franchisee helps make sure doctors know about them and that chemist shops always have them in stock. It's a partnership where everyone works together:
•The big company makes the medicines and builds their brand.
•The local partner (the PCD Pharma Franchise) sells and distributes those medicines in their area.
•The chemist shops get the medicines from the local partner.
•And finally, people get the medicines they need!
So, in short, a PCD Pharma Franchise is basically a local business that partners with a big medicine company to help get medicines to people in their area. It's all about teamwork to make sure everyone stays healthy. If you want to know more about PCD Pharma Franchise Please Click Here
To start a PCD Pharma Franchise means to take a franchise of a pharmaceuticals company to sell their medicines in your district.
Means your business is to sell medicines, so you also required some documents ready before taking PCD Pharma Franchise of any company.
Important Papers You Need
To start this business, you need two really important Documents:
1.Drug License: This is like a special permission slip from the government that says you're allowed to keep, give out, and sell medicines. Drug License allow you to sell or distribute medicines by retail or wholesale form. You get it from the "State Drug Control Department."
2.GST Number: This is a number for all businesses in India that helps with taxes. GST number is not required up to 20 lakhs turnover so if your less than twenty lakhs then you no need to apply for GST number until you cross twenty lakh turnovers. In this case IF don’t have GST number, your PAN card (another important ID) can be used as a text identity number.
Click Here to get more information about GST number and drug License in PCD Pharma Franchise.