What is a PCD pharma franchise?
A PCD (propaganda cum distribution) pharma franchise is a business model and opportunity to partner with a renowned pharmaceutical company to market, sell and distribute their products in an assigned territory. Later, both parties shared generated profit from actual sales.
What are the benefits of owning or investing in a PCD pharma franchise business?
PCD's pharma franchise business model is a very low-cost investment model. A franchise company provides its products to market and distribute in an exclusive rights territory (monopoly rights). Owning a PCD franchise provides a platform for individuals or entrepreneurs to establish a pharmaceutical business under the umbrella of a renowned established pharmaceutical company.
Economical benefits of owning a PCD franchise
PCD pharma franchise is a very cost-effective investment model. One can own a pharma franchise for just 15 to 20 thousand rupees. This business model provides liberty to operate your business and it's highly rewarding in terms of financial gains.
Eligibility criteria for franchise ownership
One needs to own a drug licence and TIN no. to gain pcd pharma franchise rights. Later they can expand and scale business without any specific legal requirements.