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 went through the below mentioned url, thank you for the content. In the second paragraph "what can you do now" is my part of interest, can you please confirm if I get a office at a location to mention Marketed by on labels but no wholesale license is legally workable? https://pharmafranchisehelp.com/drug-license-marketed-by-address-pharmaceutical-marketing-company/ Response: Wholesale drug license is required at the location where you will store, receive, dispatch and bill medicines. You can't store and receive medicine at place where you don't have wholesale drug license but it is not compulsion to have wholesale drug license at location where a pharma company situates their office for sales and marketing purpose only and no storage, receiving, dispatch, exhibition, offer for sale of drugs at that location. So, technically you could have an office at a location where you don't have a wholesale drug license.