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PCD franchise, also known as Propaganda Cum Distribution franchise, is a distribution-based franchise pharma business. However, there are still several queries surrounding this business model. Here, are the common questions about PCD franchise. Clear any doubts before teaming up with them!
PCD Franchises are NOT just for Pharmaceutical Industry Professionals. Individuals from different backgrounds thrive well in this profitable business opportunity. People from different academics and expertise are some successful PCD franchise owners.
Many people assume that owning a franchise requires a large money investment. PCD franchises provide affordable payment options and minimal investment requirements to help aspiring entrepreneurs.
Some people believe that being a PCD franchise partner restricts their business opportunities to a particular area or in a limited range of products. However, this is not entirely true. While you may have a designated territory, there is still scope for scalability, growth and expansion for business within that territory. Pharma company offer a wide range of products across multiple therapeutic categories for different customer needs. Explore the scalability offered by PCD pharma franchise, irrespective of geographical constraints.
Being PCD franchisee partner does not means having less control and flexibility over business. However, being a PCD franchise partner offers flexibility in terms of working hours and independence in decision-making. While you are expected to follow the guidelines and standards set by the pharmaceutical company, you still have the freedom to shape your business and make business decisions.
While it is true that the pharma sector is competitive, there is still ample room for new players. By utilising the support and monopoly rights provided by the pharmaceutical company, along with your entrepreneurial skills, you can carve a niche for yourself and stand out from the competition.
No, PCD franchises have high potential and sale in smaller towns and rural areas where medical facilities are required the most.
No, they offer diverse pharmaceutical products, ranging from new molecule drugs to specialized drugs from various segments.
Pharma is a highly regulated industry and no company can survive without quality control. Here quality compliance ensures a secure and trustworthy business model, attracting customers, investors and ensuring long-term success.
PCD franchise business model does not involve complex legal processes. PCD business primarily focuses on the distribution aspect of pharmaceutical products rather than setting up a manufacturing unit. This simplifies the legal requirements and allows individuals to enter the industry without extensive legal knowledge or experience. Simplified procedures make it accessible for every individual, even without any initial experience in the pharma industry.