1What are the necessary documents one needs to start a franchise?
Transport Road Permit (if applicable)
Drug license copy (wholesaler/retailer)
GST number (if any) issued by government of India
2Who will take responsibility for product marketing?
When it is about marketing and selling of products then you have to manage it by yourself but the company will make sure to offer you promotional material for marketing support as per the policy of offer letter.
Besides, you have to take complete responsibility of marketing and distribution as company will not provide any training or marketing material
3 What will be the least investment one can make? Do we need any space or franchise deposit shop?
As per the company's terms and policy you don't need to make any kind of investment to take franchise but you need at least 30,000 to start your franchise business, on the basis of this 30,000 you will be offered desired products and other promotional material
Company doesn't make it compulsory to take a specific area from company’s side or to to open up a shop, it is totally your choice
4Expiry or product damage?
Company will make sure to provide its associates with products which have at least 12 months of expiry date, but the company will not accept any sold out product unless there is any quality issue. Also, the company will not offer any claim on damage that occurs during transit; the concerned transporter will be responsible for the same.
5What will be the percentage of taxes that will be charged on the invoice?
GST rate will charge on the basis of the category pg products i.e Pharmaceuticals, Soap/shampoo/cosmetics,Food or Nutraceuticals, . (5%, 18% or 12%)
6Who is eligible to apply for a pharma franchise?
Doctors,Medical Representative, Chemists, Medicine Wholesalers, Retailers, or any individual who has experience of more than five years in pharma industry
7Why is a pharma franchise better than doing a job?
Remarkable and immense profit margin
Huge growth that is directly dependant on the fact that how well you take your business
individually responsible for making decision
you are no longer an employee working under some manager but the sole owner of the company
8Is there any sales target?
In order to get monopoly rights company will give you a criteria that is you have to achieve your sales target on an average monthly or quarterly, on the basis of your chosen area, district or territory