FAQs

For starting up a pharma franchise one need to have knowledge and educational experience in therapeutics. Proper documentation is required to get a PCD company?s franchise. Drug license and GST certificate is one of the major documents to start the process. Some experience in this field is required to be successful in pharma franchise business.

A PCD pharma is a successful model as it has low risk and high Returns. For taking up a reputed company?s franchise minimum investment on an average would be 30,000. This involves the product purchase price and promotional material. Minimum investment may vary a little bit from company to company.

Present market is filled with plethora of PCD options. It may be confusing too. Choosing the right PCD involves gathering information on which company provides the best quality and efficacy products. Products should be WHO/GMP/GLP approved. Trademark registration makes a product more trust worthy. Try to find companies that offer more than 1500+ product range and minimum of five divisions.

WHO- world health organization is basically a global organization that regulates global health matters, setting norms and standards, regulating agendas. In short, this organization regulates public health. WHO certified products gives assurance that the products are 100 percent safe for consumption.GMP-goods manufacturing practices are the steps followed by manufacturing units. Factories make sure that they follow the aseptic conditions and proper sanitation during the manufacturing. It also ensures that the products are impurity free and is manufactured as per standards.

• Mr Bag
• Visual aid
• Lbls
• Reminders
• Product Cards
• Prx Pads
• Pens
• Marketing gift inputs (paperweights, bottles, and card holders)
• Yearly planner and diary
• Order book
• Visiting cards
• Catch covers

DOD is basically delivery on draft which is also known as self builty. Most PCD companies work on cash basis. Some offer credit policies as well. DOD is when you order products from the company on cash on delivery basis but you will only receive your parcel once the payment to the company is completed. This allows customer to arrange payments by the time goods reach their location. Only few transport companies offers assured DOD services such as VRL, TCI, GATI and SAFE EXPRESS.

This type of manufacturing is basically when you outsource manufacturing of your products with your brand name. This offers you to start up a business on your own therapeutics? product line. Third party manufacturing units have minimum order quantity and additional security charges. Grigios  pharmaceutical Pvt ltd also provide third party manufacturing. Their expertise in the sectors assures that the manufactured range will be of excellent quality and efficacy.

Account ledger is basically a summary of all the bill information and transactions between the parent company and distributor/buyer. It also consists of basic information regarding the buyer such as agency name, address, contact details, debit/credit balance, total sale, and payment options used. Maintaining proper accounts ledger allows a hassle-free business between the two parties.PCD pharma companies are flexible when it comes to payment options. One can pay through NEFT, RTGS, cheque, UPI, cash deposit etc.

PCD pharma is a business model which involves a franchise agreement between the parent company and the distributor/stockiest for a particular allotted area, that is the buyer and exhibit and sell the therapeutics in that allocated area only and none other can take up the same franchise like the buyer in the same area. This is called a monopoly right per area. Having monopoly rights is beneficial as it increases your uniqueness and overall revenue of the business.

Grigios Pharmaceuticals is a giant name in the healthcare sector. With high quality product range to excellent services, they have evolved as the best PCD pharma company in the market. Grigios Pharmaceuticals have best transport partners such as Blue dart, Dilhevery, Amazon, DTDC, Trackon, Professional, Gati, Safe express, VRL, TCI express and local transport companies providing services across India. With such huge transport options Grigios Pharmaceuticals offers flexibility and assured on time delivery.

PTR- it refers to price to retailer. There are approximately fixed margins for a retailer that is around 28.5% is the price at which goods are provided to retailers.

PTS- it refers to price to retailer. There are approximately fixed margins for a retailer that is around 28.5% is the price at which goods are provided to retailers.