Owning a big business is every entrepreneur’s dream. However, to make it a reality you need to put wholehearted efforts and be passionate about it.
Do you want to establish a successful pharma marketing company? If yes, then it is a good decision indeed.
The pharmaceutical sector is amongst the fastest growing sectors in India. Looking at the increasing demand; it can be assumed that the future is quite bright.
Hence, sooner is better if you want to build a big business.
Do you know the steps required to launch a pharma marketing company in India? If not, then the article might help you greatly.
The process
The process of launching a Pharma Marketing company is not complex if you prepare for it well. It involves a series of steps to be followed sequentially.
There are various sources you can gather the information about it. The Internet is an important source.
Make a detailed business plan first
Before you move to other steps, it is essential to make a detailed business plan. It includes everything such as sources of finance, business premises, workforce, legal and statutory requirements, and so on.
What will be the name of the company? How will be the logo? What colors will you choose as corporate theme colors?
Are there any special permissions required other than the standard ones?
All these things are part of the business plan.
Register the company
As per the provisions of the Company Act, your company should be registered. You need a license number for the wholesale trading of goods.
If you need some third-party manufacturers, then you should sign a contract with them.
It is possible to complete all formalities without any help. However, you can hire a consultant if it looks cumbersome to you.
Get the Drug License Number
You need to follow the rules laid by the drug administration for obtaining the drug license number. Contact the local authorities and get complete details of it.
Certain basic guidelines are there that should be followed.
Submit the documents
Get the list of the documents that you need to submit to get the registration. A few examples are; ownership agreement or rent contract, the blueprint of the infrastructure, electricity bills, etc.
Get the GST number
No business can operate without getting GST registration. Follow the process and get GST Number. It is easy.
Now you are ready to launch your pharma company in India. Explore the right market and take the business to unprecedented heights.
If you are looking to Start Pharma Franchise Business in India then Ambit Bio Medix is one of top 10 pharma franchise companies at best price with outstanding marketing support.
Also Read :
How to Start a PCD Pharma Company?
Top 10 PCD Pharma Companies in India