Harjinder’s Story

Site created on December 5, 2018

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Journal entry by Harjinder Batheja

What are the Requirements to Start a PCD Pharma Franchise Business? PCD Pharma Franchise Business is one of the flourishing business in India. It has increased the scope of the pharmaceutical industry. Many business seekers want to start their business as PCD but they don’t have proper knowledge about it. Mainly the question arises in the minds of people is What are the Requirements to Start a PCD Pharma Franchise Business? No worries when our company ‘Jabs Biotech is here to help you out. 

Jab’s Biotech is an ISO certified pharma company that provides a wide range of high-quality pharma medicines and drugs. The company is engaged in manufacturing, supplying and distributing the pharma medicines across the nation. If you want to start your business in the pharma sector as PCD then firstly you have to choose the right company. Collaborating with the well-reputed company will give you many benefits. Our company is one of the fastest growing company in India that is well known for providing franchise services at genuine rates. In this article by Jabs Biotech, we will discuss What are the Requirements to Start a PCD Pharma Franchise Business? 

We make sure to provide you with genuine and flexible investment plans. In case you want to know more in detail about the company and its franchise services give us a call at +919888761706. You can even drop us a mail at jabsbiotech@gmail.com. Our representatives will soon connect you back and will clear all your doubts. 

Qualification Requirements For PCD Pharma Franchise Business
Every business requires an experienced person. In PCD Pharma Franchise business the less weightage is given to the qualification. In fact, they see the determination and dedication to work in the person is present or not. The business also requires experience which takes it to another level. Here are the requirements listed below:
  1. An experience of minimum 3 to 4 years is needed in the marketing and sales field of pharma products. It is best if you have worked earlier in the reputed pharma company.
  2. Pharma companies who are giving PCD franchise do not ask for qualification but some may ask for minimum SSC or 12th done from the well-recognized board. 
Registration Documents Required for PCD Pharma Franchise 
Pharma industry runs as per the rules and guidelines of the government. It has very strict rules as it involves the lives of people through drugs and medications. Several licenses and registration are compulsory in order to achieve PCD Pharma Franchise business from any pharma company. The documents which you have to submit to the company are:
  • Drug License number – Rs 5000 (that vary from state to state)
  • TIN (Tax Identification Number) 
  • The GST will also affect your business. 
Investment Requirements 
Every business needs few or more investment. The requirement to own a PCD Franchise varies from company to companies. You can start this business with Rs 10,000 to as far as 2-3 lakhs. PCD is a small part of pharma franchise offers you a right to sell medicines and drugs. Investment in this business is low and thus it is offered by many pharma companies at cheap rates across India. It is an advice to start your business with at least Rs 1 lakh as a startup money to pay off the bills. 

How to Choose the Right Pharma Company? 
Now that you are ready with all the necessary requirements! You have documents, experience, money but you can’t go further without a leading pharma company by your side. Here are some of the good tips listed below:
  1. Do online and offline research about the company.
  2. Go through the history of the company.
  3. Check the previous year balance sheet and profit and loss of the company.
  4. Confirm whether the company is providing monopoly rights or not.
  5. Go through the product portfolio and quality measurements of the company 
Conclusion
PCD Pharma business is a good way to earn more profit with low investment. Jabs Biotech is a reputed ISO, WHO and GMP certified pharma company in India. The company offers a wide range of quality products at affordable prices. 
 
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