Business Plan For A Pharmacy

Business Plan For A Pharmacy-62
Usually highly populated high density areas such as Kuwadzana, Warren Park, Chitungwiza, Glen Norah and Glen View are good locations for pharmacies.Get a suitable business name and apply for the necessary licenses and certificates required.Due to the necessity of the products sold, you should consider operating your pharmacy for longer hours.

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In order to practice as a pharmacist in Zimbabwe, it is mandatory to register with the Pharmacists Council of Zimbabwe To operate a pharmacy business in Zimbabwe, at least 51 % of the company should be owned by a registered pharmacist.

This means that if you are not a pharmacist then you will need to go into a partnership with someone who is a pharmacist.

A pharmacist is very expensive to employ, you need to offer a very competitive package.

Given the risks that the job come with, a salary package ranges from $2 000 and above. The number of employees you need will depend on the size of your pharmacy business.

Depending on your mission, location may influence whether you will be able to achieve it or not.

For example if your mission is mainly to do with malaria awareness and treatment then you will have to locate your business in malaria infested areas such as Victoria Falls, Hwange and rural districts in Matabeleland.It boosts sales and also the confidence of your patients.They trust that they will always get assistance and help at your pharmacy thus try not to run out of supplies.An accountant is required to manage the financials of your business.If the business is still small, you can hire a part time accountant.Drug and pharmaceutical companies are your suppliers whilst clinics, hospitals provide you with the clientele base. Have arrangements with various medical aid societies.In the case that the clinic or hospital does not have the medication prescribed they can refer patients to your pharmacy. Most of the clients prefer buying drugs from pharmacies using medical aids.Employ and use one technique in stocking, shelving and retrieving the medicine.This improves your service delivery speed and you can work at much faster pace and get to serve more patients.Operational costs consist of rent, salaries, stationery, license renewals.For supplies you can buy from registered pharmaceutical wholesalers.

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