It is not an easy task to find a good Pharma franchise Company without any prior research or guidance. To make it easy for you, we are listing some good points to have a look on;
- Company Name
While looking for PCD Pharma Company in India, you should look for the company name. It should be a catchy and professional name. It should be easily pronounceable and remind-able. It is an important aspect while selecting PCD PHARMA FRANCHISE because you will be known by this name in your area of business.
- Brand Names
It is the same as the company name for the product name. Every product is known and labeled by any unique name to differentiate it from other product as well as the company. So, its name should also be easily pronounceable and remind-able.
- Product Range
Check the product range of the company. It should be as per your need. Look for the price list of the company and choose the company which has the product range of your requirement whether having 400 products or 1000 products.
Segments
>> Critical range
>> Opthalmic
>> Gynae
>> Derma
>> Orthopaedatric
>> Dental
>> Antibiotics
>> Vetereniary
>> Ayurvedic
>> General range
- Product Packaging
Product packaging makes the first impression when it comes in front of the eyes of Patients, Chemists, and Doctors. So, it should be eye-catchy. It is possible only if goods are packed properly at the time of dispatch
- Stock Availability
Availability of stock is the backbone of your business. You must take proper assurance about the regular supply of the selected products. Once the doctor has started prescribing your product then he can’t wait for you if you can’t supply the product on time because many other business owners are approaching doctors to prescribe their product. So, make sure about it before the problem happens.
- Promotional Material
Look for the companies who are providing good promotional material like Visual Aids, Bag, Catch covers, MR Shirt, Bottle, Prescription Pad, Brochure, Literature, Visiting Card, etc. These promotional materials are needed to run your business successfully in the long term.
7.Monopoly Rights
Monopoly rights are a great aspect of the pharma franchise business. Monopoly rights are provided by the company to its associate to exclude you from the competition for the product. This will help you to work freely in your area of business.
- Payment Terms
You must clarify your all doubts regarding payment terms and conditions. Some companies allow submitting a partial amount to help you start. You will have to pay for the rest of the amount later on. You should ask the company for a written document about payment terms and conditions.
- Certifications
You should look for the company certifications if they are ISO and WHO-GMP certified or not. Companies that have these certifications mean they have the legal authority to produce and distribute drugs.
- Company Background
It is also an important thing to consider while selecting the best PCD Pharma Franchise company. You should research their background like the company’s incorporation history, awards, recognition, etc.