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
Loan License, Third Party Manufacturer or Contract Manufacturer : Best option for Pharmaceutical Start-ups
Query:
Please help me in this regard.
1. We want to market following these products.
3. Which is the best option for us.
Response:
Third Party Manufacturer will be a better way for you to start with as it requires less effort to get manufactured own brand name product under own logo at initial stage...
Later when you will be established, going into loan licensing or contract manufacturing will be good.
Sorry for different company names as we don't recommend companies. Check out List of Pharmaceutical Companies in Telangana
Please help me in this regard.
1. We want to market following these products.
- Protein Powder
- Multivitamin Capsules
- Amoxicillin + Potassium Clavulanate Tablets
- Cefixime Tablets
- Chlorzoxazone + Aceclofenac + Paracetamol Tablets
3. Which is the best option for us.
- Loan License.
- Third Party Manufacturer. OR
- Contract Manufacturer.
Response:
Third Party Manufacturer will be a better way for you to start with as it requires less effort to get manufactured own brand name product under own logo at initial stage...
Later when you will be established, going into loan licensing or contract manufacturing will be good.
Sorry for different company names as we don't recommend companies. Check out List of Pharmaceutical Companies in Telangana
please let me know third party manufacturing company in indore
ReplyDeletecheck list of Madhya Pradesh Manufacturing company: https://blog.pharmafranchisehelp.org/2019/01/list-who-gmp-certified-pharmaceutical-manufacturing-companies-madhya-pradesh-india.html
Delete