In this article I will tell you about the Pharma Franchise Model and how it is different from other franchise models. Along with Pharma Franchise, I will drop you some basic knowledge about the entire franchise model. Franchise marketing meaning varies from industry to industry. A franchise is a model of distribution and represents the most common business structure that enables the franchisor to capture recurring business from their franchisees. The franchisees are then able to earn profits from the same set of rules, systems and standardized products sold by other franchises across the country. In today's world of marketing, franchising has emerged as a lucrative option for new ventures as it simplifies and streamline the process of starting a business. With so much advanced equipment, efficient manpower, trained professionals etc., many entrepreneurs find it financially rewarding to take up a franchise business. What is Franchising? Franchising is a business strategy that involv
Finished Pharmaceutical products (FPP) term used fot the products that have completed their manufacturing process and are in its final form and are ready for distribution and dispatch from pharmaceutical manufacturing unit but have not yet been sold or distributed to the end user.
Manufacturing process involves generally three process:
Manufacturing process involves generally three process:
- Procurement of raw material (API's/Bulk drugs, Excipients/bulking agents/not active ingredients and packaging material)
- Manufacturing Process
- Finished Pharmaceutical Products
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