PCD Pharma Franchise Business FAQs
·
What is Pharma Franchise Business?
Pharma franchise is a business exposure offered by
Pharma company to the individual to carry out their services and products in
the market for selling purposes. PCD Pharma
franchise business mainly deals with medicines. This business help people
to get medicines near to their place. The pharma franchise is an agreement between
the two parties.
·
What PCD Stands for?
PCD stands for propaganda cum distributor. Well, PCD refers
to permission to the distributor which is provided on monopoly rights-based by a pharmaceutical company to pharma person. The person uses their company name or
brand name on behalf of the pharma company.
·
What are the requirements and eligibility criteria for PCD
Pharma franchise business?
For starting any kind of business there are certain rules
that need to be full filled. In the Pharmaceutical Sector selling drugs without permission is illegal and for starting the franchise business one must meet few
requirements.
To become our member through, PCD Pharma Franchise, the
following are the eligibility criteria
.
1. Choose Your Company: the initial step to enter any business
that you want to be a part of includes the selection of the companies that are
suitable or are according to your choice.
2. Background step: the second and most important step is to
do a background check on the company.
3. Product selection: It is also one of the most important
processes. Your future lies in the selection of the types of products that you
are coming in the market with.
4. Documentation: the following documents required before you
are invested with any company:
• Drug License Number: Rs 3000-5000 which may vary from state
to state.
• Tax Identification Number (TIN): Rs4500.
5. Education and experience: people who are at least have
completed SSC or have done their 12th from nay recognized boards. This limits
our scope for the choice of our company. Also, the person should have at least
3-4 years of experience before getting into this.
6. Investment: It can be of 50,000 and can reach up to 3-5
lakhs These are the major things which one should consider before getting into
Pharma franchise company. A right Pharma company back can be a good way of
earning a good profit from the market.
·
What is Drug license and documentation for it?
Drug license is an authorization which is required for
franchise partner. Normally, the drug control organization issues two types of license,
one is Retail drug license which is issued to a person who runs a chemist shop
and another one is a Wholesale drug license which is issued to a person who
wants to sell medicines on a wholesale level
1. Application form
2. Cover Letter
with the intent of the application signed with the name and designation of the
applicant
3. Challan of fee
deposited
4. Declaration form
5. Key plan for the
premises
6. Site plan for
the premises
7. The basis of
possession of the office
8. Valid Proof (Incorporation
Certificate / MOA / AOA / Partnership Deed)
9. Affidavit of
non-conviction of partners and directors under the Drugs and Cosmetics Act,
1940
10. Affidavit of a registered pharmacist.
11. Appointment letter of registered
pharmacist/competent person.
Well, these things are important for PCD Pharma Franchise
business.
Comments
Post a Comment