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    Pharmaceutical Distribution Business Plan

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    molla fentaye
    The pharmaceutical distribution business plan outlines goals to supply medicines and medical supplies at fair prices through a single storefront serving mail and in-person customers. The business will be led by experienced professionals to minimize costs and expects to reach profitability in two years. Objectives for the first three years include exceeding customer expectations with pricing, increasing the customer base by 30% annually, becoming self-sustaining, and job creation. Keys to success are customer satisfaction, low costs, competitive pricing, and a flexible credit policy. Startup expenses are estimated at over 1.7 million birr, requiring over 500,000 birr in cash. Break-even sales are projected at over 38,000 birr per month with average variable costs

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    Pharmaceutical Distribution Business Plan

    Uploaded by

    molla fentaye
    7K views5 pages
    The pharmaceutical distribution business plan outlines goals to supply medicines and medical supplies at fair prices through a single storefront serving mail and in-person customers. The business will be led by experienced professionals to minimize costs and expects to reach profitability in two years. Objectives for the first three years include exceeding customer expectations with pricing, increasing the customer base by 30% annually, becoming self-sustaining, and job creation. Keys to success are customer satisfaction, low costs, competitive pricing, and a flexible credit policy. Startup expenses are estimated at over 1.7 million birr, requiring over 500,000 birr in cash. Break-even sales are projected at over 38,000 birr per month with average variable costs

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    PHARMACEUTICAL DISTRIBUTION BUSINESS PLAN

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    The pharmaceutical distribution business plan outlines goals to supply medicines and medical supplies at fair prices through a single storefront serving mail and in-person customers. The business will be led by experienced professionals to minimize costs and expects to reach profitability in two years. Objectives for the first three years include exceeding customer expectations with pricing, increasing the customer base by 30% annually, becoming self-sustaining, and job creation. Keys to success are customer satisfaction, low costs, competitive pricing, and a flexible credit policy. Startup expenses are estimated at over 1.7 million birr, requiring over 500,000 birr in cash. Break-even sales are projected at over 38,000 birr per month with average variable costs

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    7K views5 pages

    Pharmaceutical Distribution Business Plan

    Uploaded by

    molla fentaye
    The pharmaceutical distribution business plan outlines goals to supply medicines and medical supplies at fair prices through a single storefront serving mail and in-person customers. The business will be led by experienced professionals to minimize costs and expects to reach profitability in two years. Objectives for the first three years include exceeding customer expectations with pricing, increasing the customer base by 30% annually, becoming self-sustaining, and job creation. Keys to success are customer satisfaction, low costs, competitive pricing, and a flexible credit policy. Startup expenses are estimated at over 1.7 million birr, requiring over 500,000 birr in cash. Break-even sales are projected at over 38,000 birr per month with average variable costs

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 5

    PHARMACEUTICAL DISTRIBUTION BUSINESS PLAN

    1. Back ground
    The PHARMACEUTICAL DISTRIBUTION BUSINESS main goal is to supply medicines,
    medical supplies & equipments for our customers at fair prices on the market. We will be able to
    sell at reduced prices by carefully maintaining efficiencies in our operations.
    The PHARMACEUTICAL DISTRIBUTION BUSINESS will operate from one store that will
    serve both mail order customers and those who visit in person. We will thrive by employing
    friendly and knowledgeable personnel, which, along with our great prices, will drive the repeat
    business that we will rely upon. We only expect that as the price of medication continues to
    skyrocket,
    The business will be led by professionals with experience in the pharmaceutical industry. Costs
    will be minimized by maintaining optimum personnel. We expect to reach profitability by our
    second year and will generate substantial sales by year three which will enable us to expand our
    business.
    1.1 Objectives
    The objectives for the first three years include:
    1. Exceed customer expectations with superior pricing
    2. Increase the number of customers by 30% per year
    3. Develop a business that survives off its own cash flow
    4. Creating job for professionals

    Policy
    The pharmaceutical distributors have policies on sales of pharmaceutical:

     Credit sales policy


     Cash sales policy

    1
    1.2 Mission
    The discount Pharmacy's mission is to provide our customers with the best prices for their
    prescription medications and medical equipments. Our convenience and services will exceed the
    expectations of our customers.
    1.3 Competitors
     15 private pharmaceutical distributors in adama
     1 government >> >> in ADAMA(epsa)
    1.4 Keys to Success
    The keys to success are:

     Satisfy our customers so they will return again and again


     Maintain low overhead and operating costs
     Provide better prices than all our competitors
     Following flexible credit policy

    (mln)
    Br
    6.7

    2
    2. Company Summary

    2.1 Company Ownership

    The company is a privately owned, located in ADAMA

    2.2 Start-up Summary

    The pharmaceutical company will incur the following start-up equipment costs:

     Office equipment including chairs, file cabinets, and desks.


     Dispatch table, Shelves, pallets, bin cards, cash register.
     Computers.
     Software
     Telecom/fax system.
     Start-up inventory
     Rent, utilities, insurance

     Miscellaneous

    Start-up Requirements
    Start-up Expenses Birr
    Legal 1,000.00
    Rent 20,000.00
    Utilities 200.00
    Telecom/fax System 750.00
    Insurance ---
    Equipment, assorted 175,000.00
    Total Start-up Expenses 196,950.00
    Start-up Assets/liabilities
    Cash Required 508,000.00
    Start-up Inventory (credit Purchase?) 1,000,000.00
    Long-term Assets ------
    Total Assets (& liabilities) 1,508,000.00
    Total Requirements 1,704,950.00

    3
    Market

     Supplies – from importers & mfg companies in AA


     Customers – Private/NGO/gov’t health institutions in Eastern and southern
    Ethiopia
    Human Resource

    Personnel Plan Month


    Monthly Gross Salary ly Gross Salary
    Year 1 Year 2 (Yr 1) (Yr 2)

    CEO (owner) 1 1 10,000.00Br 10,000.00Br


    Pharmacist 1 1 8,000.00 8000.00
    Pharmacy technician (store) 1 1 2,750.00 2,750.00

    Pharmacy technician (sales)) 2 2 2,250.00 2,250.00


    Pharmacy technician (Rep-AA) 1 1 2,000.00 2,000.00
    Counter person/phone rep./order
    filler 2 3 2,250x2 = 5000.00 2250x3 = 7250.00
    Total People 8 9
    Total Payroll 30000.00Br 32250.00Br

    4
    Financial summary (year 1)

    Break-even Analysis
    Monthly sales (Br) 558,255.00
    Monthly Break-even 38,948.00
    Assumptions:
    Average Percent Variable Cost ( ~ 3.72%) 1,448.00
    Estimated Monthly Fixed Cost 37,500.00

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