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What is Pharma Franchise Model? A blog about how franchising works in pharma.

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

List of Documents for Grant of Retail Drug License

Grant of Retail Drug License 

1. Application in Statutory form. 

2. License Fee/Challan. 

3. Declaration (Notarized affidavit) for new drug sale license in prescribed format by applicant (proprietor/Partners/Director/Authorized Signatory/Power of attorney). 

4. Residential certificate, Voter ID, Aadhar card for proof of residential address (permanent). 

5. Proof of educational qualification of applicant. 

6. Proof of date of birth of applicant. 

7. Government document with photo for identification. 

8. Four (4) passport size colored photo of applicant. 

9. Partnership deed in case of partnership firm/ Article of association, Memorandum of association, List of Directors resolution of Board of directors/Power of attorney (In case of a company). 

10. Affidavit in prescribed format regarding character by applicant/character certificate of applicant issued by competent authority. 

11. Affidavit in prescribed format regarding consent and appointment of Registered Pharmacist. 12. Registration certificate and up to date renewal of registration of registered pharmacist issued by Bihar State Council, Patna. 

13. Four (4) passport size colored photo of Registered Pharmacist. 

14. Plan of the proposed premises indicating the carpet area (specifying length and breadth in meters and area in square meter) and boundary with signature of building owner and the applicant and its route chart. 

15. Legal document showing the proof of ownership of the building owner with updated property tax receipt for the premise to be licensed. 

16. If the proposed premise is on rental basis, rent agreement on India Non Judicial Stamp with updated property tax pay receipt. 

17. Purchase receipt of refrigerator with make and capacity. 

Check out: Complete procedure to take retail drug license

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