It is difficult to provide accurate procedure because different companies have different norms and policies to providing franchise. Some provides state wise, some provides zonal and some provide district wise. Here are some important points given for pharma franchise companies are as follow
Select area and company you want to take franchise
Enquire with that company for franchise and ask them whether they have vacant place for selected area or not.
1. If they have vacant place then ask them to send product and price list.
2. Now after reviewing all option finalize best suitable Pharma Franchise Company.
3. According to all agreed term and conditions make marketing agreement
4. Now you can start working with your new pharma franchise company.
Even pharma sales person who has good relationship and strong hold in market can start his own work with minimum investment. There are many pharma companies in some Pharma franchise companies there is target system and minimum order requirement is applicable but some has not so start with companies which have no such targets and requirements.
Pharma franchise companies providing promotional and marketing input to their franchise for marketing and for distribution. Companies are providing following materials to their franchisees like
1. visual Aid
2. visiting cards
3. Working Bag
4. Product Cards/Brochures
5. Remainder Cards
6. Catch Covers
7. Writing Pads
9. Small Gift Articles
Pharma Franchise/pcd marketing Agreement Then both franchise and Pharma franchise company make mutually agreed agreement with all terms and conditions for pharma franchise with monopoly rights for presented territory . It also includes monopoly rights, terms conditions, Payment terms, area covered, different applicable tax, delivery terms etc.