Opening a successful new pharmacy starts with a well-thought-out business plan. Perhaps you work at a chain and want to run your own business. Or, perhaps you own one pharmacy and see an opportunity to acquire another. Owning a pharmacy can provide freedom, flexibility and satisfaction. Starting a pharmacy can be extremely complex and challenging.
Write a business plan
Write a business plan - RxOwnership
Any new business venture, whether it may be the actual startup of an entirely new pharmacy operation, or simply the addition of a new service line to an already existing business, must begin with a well thought-out business plan. In other words, what exactly does your business offer to potential customers that differs from your competition and sets your business apart from the rest of your competitors, resulting in both an increased volume of business, plus ensure customer loyalty and satisfaction. Some examples of the specific questions that every business owner should be asking include:. A summary of the plan and findings is the last step of the process. HCC can also present you with details regarding possible exit strategies that may be available to you when you are ready, plus help you to define your future plan for the business.
Pharmaceutical Manufacturing Business Plan Sample Template
Start your marketing plan. The Discount Pharmacy will have different marketing strategies for the two different segmented groups that they wish to reach. The walk-in customers will be targeted through advertisements in the local paper, "The Oregonian.
People need to be able to buy prescriptions at reduced prices. They are poor, they are sick, they deserve the same care as those who can afford healthcare and full price prescriptions. Our convenience and services will exceed the expectations of our customers.