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
Query:
I have drug license , I want to start business (Medicine), But marketed by Mumbai address or HP, Gujarat like this place, can you give good suggestion
Response:
It is common practice in pharmaceutical sector adopted by pharmaceutical marketing companies to have drug license at one location and marketed by address at different locations. This can be possible by showing an admin office or sales office at another location having rent agreement and small office there.
Most of pharmaceutical companies are doing it without showing their licensed address at packaging but with implementation of new draft it is going to be difficult to hide your address where you have drug license. So, we will recommend to show licensed address also at packaging even at small fonts and then mention admin address below it, so you don't have to face any legal complications. If you want to show only Mumbai address or HP, Gujarat then you need to take a drug license there also.
The best way to show marketed by Mumbai address or HP, Gujarat like this place is that You set-up a small office at that location where marketed by address you want to mention at box. Then you can show your marketed by address as
Marketed By:
Company Name
Address having Drug License
Admin Office: Mumbai address or HP, Gujarat
I have drug license , I want to start business (Medicine), But marketed by Mumbai address or HP, Gujarat like this place, can you give good suggestion
Response:
It is common practice in pharmaceutical sector adopted by pharmaceutical marketing companies to have drug license at one location and marketed by address at different locations. This can be possible by showing an admin office or sales office at another location having rent agreement and small office there.
Most of pharmaceutical companies are doing it without showing their licensed address at packaging but with implementation of new draft it is going to be difficult to hide your address where you have drug license. So, we will recommend to show licensed address also at packaging even at small fonts and then mention admin address below it, so you don't have to face any legal complications. If you want to show only Mumbai address or HP, Gujarat then you need to take a drug license there also.
The best way to show marketed by Mumbai address or HP, Gujarat like this place is that You set-up a small office at that location where marketed by address you want to mention at box. Then you can show your marketed by address as
Marketed By:
Company Name
Address having Drug License
Admin Office: Mumbai address or HP, Gujarat
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