Many a times people ask about HOW TO START A PHARMA COMPANY IN CHANDIGARH. Pharma Business is considered as one of the best business to start.As it is the most growing business of this time.This blog will tell you how can you start a pharma company/pcd company and what are the requirements for the same.
As business consultants we have great idea about the fastest growing businesses around the globe. Talking about pharma business what better than the pcd francise.
1.The pcd francise company is one of the best business to start. It requires less investment to start and has a great return on investment. Usually the pcd company starts with the tie-up of the company with a third party manufacturer. These manufacturers , manufactures tablets ,syringe, injectables etc for another companies. The pcd company prefer making from these third party manufacturers.
2.You have to start a pcd company by first choosing a great name for your company. A great name builds a sense of trust with the customers. The name decided has to be registered and you should own a trademark for the chosen name.
3. After having the name decided for your pcd business you should have a GSTIN for the same on the name of the company.
4.The GSTIN will then come after 7 days of the applied date and after receiving your GSTIn you can now apply for the drug license.
5.The official work will take upto 30 days and then you can start by giving order to the third party manufacturer.
Starting a pharma business is that easy . You just have to convince the third party manufacturer to make your product and you have deliver that to the market via MR’s or Digital media marketing.
In even a pcd business or any business you are doing related to pharma or medicine, you’ll have the requirements for the drug licensing. It is better to check with the third party that they have the license to operate their unit or not. People should take review from the people who have already done the business with them.
People usually come to us for the initial research work that saves their time. This help the people and gives an extra edge over others. You should definitely start this venture with someone who as already operated in pcd franchise or who has a great knowledge about how this system works and have a great knowledge about how a license is registered.
Hire people who can have a great legal knowledge befor launching this business.
Before starting any business you should do a ground work for the betterment of business. Startups and companies usually hire some consultants like us to do the initial research for them.
The place that you are starting your business really defines how you’ll grow your business . Talking about chandigarh , it is a great place to start a pharma business . It is situated very near to some pharma hub and pharma industries .It is really near from some pharma hubs like baddi and una. You can find a lot of pharma industry.
I hope this blog brings out a great idea about starting a pharma company in chandigarh.