PCD Pharma Franchise Frequently Asked Questions (FAQ)
PCD Pharma Franchise Frequently Asked Questions (FAQ) – Starting a new business or anything brings a lot of questions. Questions which are created by the doubts in your mind. If you are new to the franchise business and doesn’t have much knowledge of it, your head must be filled with much of the questions.
In this section, PCD Pharma Franchise Frequently Asked Questions (FAQ) are covered. Our representative in Integral Lifesciences generally get these questions from the franchise partners in the very early stage of their business. We tried to compile those questions and tried to answer them in the best possible way. Go through the section and understand the PCD pharma Franchise.
Frequently Asked Questions (FAQ)
What is PCD in Pharma?
PCD stands for Propaganda-Cum-Distribution. In the pharma sector, this term is generally used for marketing and distribution rights over a region.
What is PCD franchise?
PCD franchise is just like any other franchises, the only difference is that PCD franchises have monopoly of sales and distribution over a district or a specific area. PCD Pharma Franchise Company are responsible to provide franchise business and then subsequent support and rights.
How PCD franchise is different from Pharma Franchise?
Pharma Franchise requires huge investment, and it’s a bigger form of business. While on the other hand, PCD franchises are restricted to much smaller region and starting it doesn’t require a big investment. Considering the fact that nowadays PCD pharma franchise is growing rapidly, and pharma franchises are getting out of existence, these two terms are often interchangeably used by layman.
How to start pharma PCD pharma franchise business?
First a PCD pharma franchise company. There are certain prerequisite requirements which vary from company to company. You may find out about those on the company’s website. Check whether there is a vacancy or not for franchise partners in the region you seek to start the business. If there is a vacancy, and you fulfill all the eligibility criteria, then you can apply. The company will itself help you setting up PCD franchise.
What is the scope of PCD pharma franchise business?
PCD Pharma Business model is win-win for the PCD pharma company and PCD pharma franchise. The contemporary form of franchise business doesn’t provide profit as does the PCD pharma franchise. Also, with the current increasing demand for pharmaceutical products in India make a bright future for the people associated with the pharma sector. The government is focusing on the health sector which further boosts the pharma sector.
What is third party manufacturing?
Third-party manufacturing, which also goes by the term contract manufacturing is basically giving the contract to other manufacturing units to produce pharmaceutical product. It’s a common type of strategy which is also followed by companies of other sectors.
What are the factors one must account while choosing Franchise Pharma Company?
Choosing a pharma franchise company is most important of all factors. As it is the very first step, any wrong move can lead you to the wrong way. That is why there are some factors which you must account while choosing PCD pharma Company. Below are some factors:
- Brand Name of the Pharma Franchise company
- Product Range
- Products Packaging
- Company Certification/Approvals
- Availability of Products
- Location of the Pharma Franchise
Is CD (Cash Discount) better or scheme better for the customer?
CD (Cash Discount) is better than the “scheme better” for the customer.
How products will be transported?
Products can be transported via Air, Water or Land (Rail and road). It depends on the customer’s convenience and the region.
What are the requirements for a PCD pharma franchise company in India?
Requirements depend on company to company. There are some general requirements, and those are:
- Experience in Pharma Sector.
- Good Workplace or warehouse.
- Drug License number.
- GST Number and every other legal document.
- Connections with doctors and hospitals.
Integral Lifesciences was established in 2007 and operated from city beautiful Chandigarh. We are a PCD Pharma Franchise Company which deals in a wide range of General, Ortho, Gynecology and Paediatric products. The company is a well familiar name in the pharma franchise business and known for our quality products all over India. We deal in DCGI approved formulations such as capsules, tablets, soft gel, syrup, suspension, injections, and new drugs.
Still, questions remained unanswered? Integral Lifesciences will answer those questions. Call us at +91-9041800166, +91-9041020566. Explore our website, and chat with the live agent.