How to Start a Pharmacy Business in India: Complete License & Drug Registration Guide
Starting a pharmacy is one of the safest and most lucrative ventures in the healthcare industry. Drugs are always in demand, and with the rise of hospitals, clinics, and private healthcare facilities, the demand for pharmacies keeps increasing. Most entrepreneurs find it a viable option despite requiring initial capital investment, as it provides a guaranteed income and significant scope for expansion. However, starting a pharmacy by simply renting out a shop and selling medicines is not straightforward.
How Lack of Business Licensing Affects Your Brand Reputation & Investor Trust in India
It is mandatory to obtain the correct business license in India to establish a business with a solid customer base and credibility. To enhance your brand value and maintain compliance, it is essential to obtain the necessary license. A business license will ensure that your company meets the standards in terms of quality and safety. The standards typically range from a trading license to unique permissions, such as the FSSAI License. Read on to learn about how a lack of licensing affects your brand reputation and investor trust.
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