The pharmaceutical industry in India is one of the largest in the world with tremendous opportunities for entrepreneurs. There lies one of the most prospective segments of this industry is a Dry Syrup Pharma Franchise Company in India due to an upward demand for pediatric and adult treatment options. In this blog, we will explore what a dry syrup franchise is, its significance and how you can build a thriving business by collaborating with the appropriate franchise company.
Dry Syrups in Pharma: A Dose of Clarity
They take the form of powdered formulations, which means they have to be reconstituted with water before administering. Dry syrups are also generally prescribed for children and patients who cannot swallow tablets or capsules. They also provide a precise dosage, better shelf life and convenience for customers.
Since they are prominently used in antibiotics, antifungals and other medications, demand for dry syrups in India is highly constant. Therefore, it is a lucrative business opportunity for potential entrepreneurs to associate with a Dry Syrup Pharma Franchise Company in India.
Why Choose a Dry Syrup Pharma Franchise?
The pharma franchise model is a swiftly growing business opportunities in India. There are numerous benefits for dry syrups in the pharma franchise model:
• High Market Demand – Dry syrups have a broad prescription rate for both children and adults.
• Low Manufacturing Cost – The cost of manufacturing dry syrups is cheaper than other formulations.
• Easy Logistics – Dry syrups have a desired shelf life and are easy to store and to deliver.
• Good Profit Margins – High demand means high sales volume.
• No or Low Entry Model – You can start small and ramp up.
Starting Your Business with Best Dry Syrup Pharma Franchise Company in India
A good company will offer you variety of quality medications, monopoly rights, marketing support and guarantee regular product availability.
Here are some important considerations:
• Product Range - complete classes of antibiotics, antifungals and multivitamins
• Quality - WHO-GMP and ISO certifications
• Monopoly Rights – exclusive business rights to the place which you will choose
• Marketing Support - free marketing materials including visuals, samples, brochures and other aids.
• Business Practices – fair pricing, fair business practices and the timely delivery
Benefits of Partnering with a Reliable Dry Syrup Franchise Company
1. Rights to Operate Exclusively in a Geographic Area
You will have exclusive rights in your own area which reduces competition and allows you to develop the local brand.
2. A Range of Medication Categories
Companies will provide various products, which include the whole spectrum of products from antibiotics to nutritional dry syrups, which will cover all areas of health care.
3. Low Investment, High Return
A franchise investment is typically so much lower than starting a manufacturing unit, yet also has good profit margins.
4. Support Services
All of the better companies will provide you with medical updates, marketing and all of the details for you as franchisee owner to build your business.
Pharma Franchise vs Independent Business
Category
Pharma Franchise Model
Independent Pharma Business
Investment Required
Low
Very High
Risk Factor
Low - supported by a known brand
High – no existing market support
Product Portfolio
Wide and ready-to market formulations
Develop and register each
Leads Time
Quick set up
Long process (set up manufacturing + licenses)
Marketing Support
Provided by company
Provided ourself
Profit Margins
Attractive because of volume sales
Uncertain until market is built
Clearly this comparison tells us why working with a Dry Syrup Pharma Franchise Company in India is easier for beginners as well as experienced professionals.
Conclusion
By working with We Care Wellness, which is the top Dry Syrup Pharma Franchise Company in India, you will be getting into low risk and high return business chances in a rapidly developing healthcare market. WeCare Wellness issues monopoly rights, has excellent marketing and peddling resources and will deliver medicine timely as it distributes all over the country from metros down to rural India presenting a reliable, consistent product and service.
As an ISO and WHO-GMP verified company with years of pharma experience, we will enable you to take your business into the conceivable future with superior and innovative solutions, while keeping the principles of ethical practices, client likability and market intelligence to scale and grow your business in an ethical sustainable way.
Frequently Asked Question
Ans: Yes. Dry syrups can be stored for long periods, are easy to store and move without much hassle.
Ans: We provide monopoly rights, delivered medicine timely, promotional tools complimentary, marketing support and transparency in business dealings.
Ans: All WeCare Wellness products are manufactured in ISO and WHO-GMP certified facilities.
Ans: Yes, we provide monopoly to operate in a given territory to reduce competition and to increase profit margins.