Introduction to pharmaceuticals pharma franchise company in Kerala
If you have decided to venture into the competitive pharmaceutical industry and you are in search for the right guidance, support, and industry network required to enter into the pharmaceutical industry – then your search ends here. For all this, you should consider partnering with a pharmaceuticals pharma franchise company in India – Dolvis Biopharma.
A pharma franchise company provides constant and strong industry support, which can help you start your pharma business almost immediately. Dolvis Biopharma is a pharmaceutical company that offers franchise benefits to potential pharma entrepreneurs.
Pharma industry growth in Kerala
The pharma industry in Kerala has witnessed an immense growth in recent years. This is due to the increasing healthcare awareness among the population, new set-up of healthcare infrastructure, and rising demand for PCD pharma franchises in the state. This expansion of PCD pharma franchises has opened new avenues for budding entrepreneurs for starting their own pharma business in the market. Also, renowned pharmaceutical companies like Dolvis Biopharma, is providing numerous franchise features, making it easy for individuals and businesses to start their pharma business easily in the state.
Challenges you face while starting your own pharmaceutical business from scratch –
Lack of industry network
A major drawback that budding pharma entrepreneurs face is getting access to required networks in the industry. This is because they all are new in the industry and it requires a good amount of time to build relationships with local pharmacies, health care institutions like hospitals, clinics, and others.
Lack of investment
Another drawback for an individual who is looking to start a pharma business on their own is the lack of sufficient investment. For starting a pharmaceutical business from scratch one requires to set up an infrastructure for pharmaceutical production as well as distribution. Apart from this, one also has to look after the salaries of skilled personnels.
Reduced market reach
When you decide to start a new pharmaceutical business on your own, it is difficult for you to take care of the entire marketing activities. This is because you have limited reach to your customers and are new in the market.
Market competition
One of the major drawbacks of starting your own business in the pharmaceutical industry from scratch is the increased competition that one has to face both from local and international pharma companies. It becomes very difficult for a new entrant to establish market position and attract customers towards their business.
Let us understand what are the benefits of a pharmaceuticals pharma franchise company in India?
Low cost involved in starting a pharma business
When you decide to start a pharmaceutical business of your own, you worry about the potential cost involved in setting up a pharma business from scratch. However, if you choose to partner with Dolvis Bipharma, you can start your very own pharma business at a low cost. This is because Dolvis Biopharma will offer you access to the product portfolio and distribution network, which will help you to cut down your overhead cost immediately.
Self ownership
After you choose to partner with a pharma franchise in India, you get complete ownership of your pharma business. This means that a pharmaceutical company like Dolvis Biopharma offers you the freedom to run your business in your desired territory like – Punjab, Chandigarh, Haryana, Gujarat, Maharashtra, and other states across India.
Low research and development cost
If you are in a franchise partnership with a pharmaceutical company like Dolvis Biopharma, you do not have to spend on the research and development required to develop the drugs from scratch. This is because you get access to a vast product portfolio of Dolvis Biopharma. This includes tablets, capsules, syrups, ointments, and other types of pharmaceutical products.
Reduced personnel costs
Since you are not starting your pharmaceutical business from scratch, you need not worry about the cost involved in hiring and maintaining the workers. As, when you partner with a pharma franchise company like Dolvis Biopharma, you get access to a skilled and expert team of Dolvis Biopharma, who will provide you constant support in running the operations of your pharma business. These include sales and marketing, finance, logistics, and others.
Increased authenticity
When you partner with a premium pharmaceuticals pharma franchise company in India like Dolvis Biopharma, you get good quality pharma products that are produced using ethical techniques of production. At Dolvis Biopharma, each stage of drug production is carefully scrutinized. This helps Dolvis Biopharma to meet stringent quality control standards of the regulatory authorities in India.
Ways to reach out a pharma franchise in India
- Fill out the enquiry or application form for franchise partnership on the pharma franchise company’s website.
- Once you have filled the form, a dedicated support team will contact you regarding franchise partnership opportunities.
- After the discussion with the concerned pharmaceutical company’s team, you get relevant product documents and certificates for your reference. These documents will help you assess the market presence of the company.
- After the discussion with the team, the pharma franchise company will provide you with the terms and condition documents. After which you can proceed with the franchise partnership.
- Once you have read and signed the terms and conditions document, you become a franchise partner of the pharma franchise in India. You can now start your own pharma business quickly.
Conclusion
A lot of effort is required on the part of budding pharmaceutical entrepreneurs for starting a pharma business on their own. This involves setting up the complete infrastructure, pooling in necessary funds, and investing in research and development for the production of pharma products. However, if you decide to partner with a pharma franchise company like Dolvis Biopharma, you can overcome all these issues and start your successful pharmaceutical business in India. So partner now with Dolvis Biopharma and start earning profits in the competitive pharmaceutical industry.