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Q&A : Pharma Company - Which Molecule should we start

Question: I want to start my own pharma company and I am not sure that with which medicine should I began my journey with. I will be very grateful if you can help me to find a medicine with future potential and less market competition. I hope you will help me with this. Answer: I recommend you to start with a product that you can easily procure at small quantity whether it has high competition or less Question: Can you tell me some important steps while selecting one Answer: One criteria is to have experience in that product Second , you can get it in small quantity as you have investment less and prevent money for other products Question: Sir I have one more question With which type of people should I start my company with Answer: A business require different-different types of knowledge and experience. You should involve with persons having different experience from you. Like if you have marketing experience then you need account knowledge person Means you need person who fulfil

Can billing address be change from marketing address in pharma marketing company?

Query:
I recently went through an article about "How to start a pharmaceutical Marketing Company" by Mr. Ajay Kamboj.
It's a very informative article.
I have a few queries regarding the same.
I am planning to start my own pharma marketing company (Proprietorship). For that I am searching for a place to establish a marketing office.
I am doing ethical marketing. (Allopathy)
I am already having DL, GST , FSSAI and currently doing billing.
My query is that
a) Can the billing wholesale place where I have taken all the licenses be different from the Marketing office ?
In this case my billing address is in ----- & I am planning to open a marketing office in Chandigarh.
b) Is there any minimum area for setting up a marketing office ?
c) Can the marketing office be set up in Co-working spaces ? e.g a place of say 3000 sq feet (total), in that place there are small cabins for establishing offices, we take one cabin on rent, use the place and write that address on Medicine boxes.
d) Should the logo of my firm be TM or only product brands are required to be TM ?

Response:

a) Yes Sir,
You should have all licenses and registration at the location from where you are going to stock products and bill to your customers. Marketing office doesn't necessarily require to have any licenses unless you stock and supply products from there.

b) No minimum area is required for setting up a marketing office ?

c): Yes you can set-up a marketing office in a co-working space.

d) TM is not a compulsory thing but it is essential for your logo and brand name protection. You can go for trademark registration for logo, company name and brand names.

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