Tips to select the Best PCD Pharma Franchise Company

PCD in the Pharma Industry now becomes the most important thing. PCD stands for Propaganda cum distributorship Business. It is a type of franchise-based business in which you don't have the pressure of achieving the target. In this business model, you are the owner of your own business. You just have to buy medicines from the franchise firm and sell it in your own business. You just have to buy medicines from the franchise firm and sell it on your own.




Tips to Choose the Right PCD Pharma Companies in India

Well, it is a very debatable question. Every pharmaceutical company in this model says that they are the best. These things confuse the customers. So we are sharing the things which help you to choose the right PCD Companies.

  1. Your PCD company should have a valid drug license & GST Number.
  2. Should have a good range of Products.
  3. Products are well in quality.
  4. Services Should be best

There are a lot of pharmaceutical companies which are offering PCD franchise business opportunities. Before selecting a PCD pharma franchise company, you should think twice because the whole idea and future of your business depend on the right selection from hundreds of pharma companies.

Tips to select the best PCD pharma franchise company:

  1. Search About Company History
  2. Check The Certification & Approvals
  3. Check the Quality of Products
  4. Availability of Products
  5. Timely Delivery
  6. Profitable Business
  7. Training Programs & Updates

  1. Search About Company History: First of all, you need to collect all information about the company, and take reviews who have worked earlier with them or persons who know have knowledge about the company. You should also notice the behavior of the company, expected ROI, profit margin, etc. It is most important to know that the company is not involved in any kind of illegal activity.

  2. Check The Certification & Approvals: The good pharmaceutical company is generally certified and approved by a high organization and associations. Below are the primary certifications and approvals:

    1. Drug License No. (D.L.) Number and Tax Identification Number (TIN) licensing

    2. It should be ISO 9001:2008 certified.

    3. It must be the World Health Organization (WHO).

    4. Good Manufacturing Products (GMP) certification for the manufacturing units and plants.

    5. The product list should be approved by the Drug Controller General of India (DCGI).

    6. Food Safety & Standard Authority of India (FSSAI) licensing.

  3. Check Quality of Products: You should never compromise the quality of the products. You should ask for a sample of products and check the quality with medical experts who have great knowledge of medicine. You can consult with doctors.

  4. Availability of Products: Most of the time pharmaceutical companies show you various lists of products but actually they have no manufacturer or supply. So be careful and clearly ask about the unavailability of pharma products. Are our pharma products temporarily unavailable or does the company not manufacture such products?

  5. Timely Delivery: This is most important for your business growth. Companies must deliver pharmaceutical products on time otherwise you have to pay this cost with loss.

  6. Profitable Business: If the profits that you expected do meet then the investment is just a waste of money. So before you select a pharma company, you have to calculate the expected profit in the PCD franchise business. You should consult with a pharmaceutical consultant if you have any doubts or uncertainty or dilemma.

  7. Training Programs & Updates: You should ask about training programs for promoting business, marketing services, and regular updates about pharmaceutical products. Good pharmaceutical companies engage with franchise partners and are ready to help at any stage. Y

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