Pharmacy Business Plan In Nigeria Latest Edition Feasibility Studies

Pharmacy Business Plan In Nigeria – HOW TO START Pharmacy Business Plan In Nigeria

Pharmacy Business Plan In Nigeria TABLE OF CONTENT

Executive Summary 3
Introduction 4
Business Description 9
Products and services 9
Competitive Advantage 12
Market Research 15
Competitor Analysis 15
Sales and Marketing Plan 16
Operational Plan 17
Business Risk 20
Management and Structure 20
Financial Plan and Projections 21

GET YOUR Pharmacy Business Plan In Nigeria. To place an order, pay N10,000
to

First Bank

Account Name- Oliver Uwadia

Account No- 3094192129

Pharmacy Business Plan In Nigeria Latest Edition feasibility studies
proposal

After payment text your name, your e-mail address and bank teller number or your transfer reference number to 08107015636 and A Copy of our Pharmacy Business Plan In Nigeria FEASIBILITY STUDY PDF will be send to your email.

The Pharmacy Business Plan / Feasibility Study in Nigeria Can Also Be Used For Bank Loans, Grants and lots more.

As the saying goes Health is wealth. This is indeed true because there is no limit to which a person would not go In making sure he/she is in a perfect health. Going into pharmacy business in Nigeria is among the most lucrative business anyone can venture. However, starting a pharmacy is not easy there are lot of things you to need know. There are procedures that need to be put in place before you can fully run a pharmacy.

A Pharmacy is also know as a chemist is an outlet where drugs and others related soft medical related items and toiletries are dispensed and sold.

Starting a Pharmacy business in Nigeria is not easy one can’t just decide that he/ she want go into Pharmacy business all because it is lucrative, there are important aspect of the business that you should know, that’s why you need a copy of our Pharmacy Business Plan In Nigeria, if you want to run a standard and a successful Pharmacy business

Professionally, pharmacy is the branch of medicine entailing all aspects of pharmaceutics, chemistry of the pharmaceutical nature, phytochemistry, pharmacology and forensics which is the science of physical evidence, these are all medical terms. Pharmacy is popularly as a drug dispensary or a place where prescribed drugs could be purchased or collected.

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In every society Pharmacies are very important and they are very relevant in the sense that without them, there would be no availability of drugs to save lives and aid health. Hospitals in countries like Togo and Benin Republic usually do not handle drugs, they offer prescriptions which should be bought at the Pharmacy. Some pharmacist do not sell drugs to individuals unless you present a doctor’s prescription. This is done to avoid drug
abusers and also for self-medication or self-prescription to reduce to the least minimum

Pharmacies are regulated by (PCN) Pharmaceutical Council of Nigeria. Our goal with this business plan is to a legitimate pharmacy in Nigeria with the requirements of this overseeing body.

Business Description of Pharmacy Business in Nigeria

Everybody knows that medication is given based on the perception by the medical doctor before you can go to the Pharmacy or Chemist shop to get the required medical drugs.

Nature of Business: Pharmacy Outlets

Industry: Pharmaceutical/ Health Care

Humans need food, shelter and good health in order to survive that is one of the reasons the government of every country tries to take health care system seriously. Unlike Nigeria that don’t have a standard health care system.

The truth is without good health one can not enjoy live to the fullest. That’s why everyone tries and live healthy themselves. Because I have said before Health is Wealth. Because of how important health is many has come out by making health care that is Pharmacy. Pharmacy business is very lucrative but at the same time it’s very expensive. People in
health care business are doing well for themselves

Important Things To Do Before Setting Up Your Pharmacy

Do a Market Survey and an In-Depth research

If you want to start-up a pharmacy shop this simply means that you already have the capital but if you don’t you can apply for loans or grants using our business plan. When going into pharmacy business you need to do a proper market research before going into the business so that you will not fall on the way side. Before going into Pharmacy business you need to do a proper research or else you will run at loss huge loss this is why you need
a business plan.

Our Pharmacy business plan provides you will all the market research and feasibility studies all you just need to do is compare the Instructions and notes in relative to the you want to set up your chemist or Pharmacy business.

Business Location

The most important part of starting a business is your location. Your location holds a great impact on your business because your location tell you how well the business itself will do. That’s why you need a proper research before chosen a location. For pharmacy setting up your near a hospital is a really good idea or you can also locate the most centralized
place in the available area of your choice and set up as long as it has a densely populated surrounding (All these have been explained and well drafted out in the plan).

Employ a Certified Pharmacist or Register as One.

Before you can be allowed to own and run a Pharmaceutical Store in Nigeria you have to registered or be a certified Pharmacist, so getting a certification is a must. If you have a B.Sc. in Pharmacy from any of the accredited Nigerian Universities, it makes the whole process easier, however, if you do not possess any prior University certification or is not
yet a registered pharmacist, you will need to employ the help of Superintendent Pharmacist who would put you through the registration. He will be the one to show you the documents required to register at the Corporate Affairs Commission. You will also need to register with the pharmacist council of Nigeria(PCN). It is normally required for a pharmacist to register with the PCN, hence the Superintendent Pharmacist will register on behalf of your business. This superintendent also can be your business partner if you both reach an agreement, or you can employ the service of a separate pharmacist.

The Registration Process

The superintendent pharmacist will notify the PCN registrar in writing through the state office to request for a location inspection. The charge for the inspection is paid to the bank before he would proceed to register the premises with PCN. To register with the PCN, you will need to file in these documents as stated by the PCN website:

• Application for registration of new premises
• Completed forms B and J
• Certificate of Incorporation
• Memorandum and Article of Association
• Certified True Copy of Form Co7 showing the name of the Pharmacist Director
• Appropriate fee in bank draft
• Employment of Staff

This is the last step in opening your Pharmacy business because once the other process is done then you will have to employ an extra help that would help you out with other things in your Pharmacy shop.

GET YOUR Pharmacy Business Plan In Nigeria. To place an order, pay N10,000
to

First Bank

Account Name- Oliver Uwadia

Account No- 3094192129

Pharmacy Business Plan In Nigeria Latest Edition feasibility studies
proposal

After payment text your name, your e-mail address and bank teller number or
your transfer reference number to 08107015636 and A Copy of our Pharmacy
Business Plan In Nigeria FEASIBILITY STUDY PDF will be send to your email.

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