How To Start A PCD Pharma Franchise Business
In the world of Pharma, there is a popular jargon ‘PCD’ that refers to Propaganda cum Distribution. It revolves around rights of marketing and distribution. PCD Pharma works as a franchise business. What Do We Mean By PCD Pharma Franchise ? A company creates a business franchise when it authorizes another company or individual to sell their products/services on their behalf . In the case of the pharmaceutical industry, there are pharma companies that permit individuals or groups of distributors to control their products, services, and trademarks . This is a PCD Pharma franchise business model. In India, the pharmaceutical industry is one of the major contributors to the GDP of the country and has been growing every year owing to the awareness of health and hygiene amongst the population . The possible reason behind the rapid growth is there is no end to business in the pharma industry. All the companies focus on the future and the business is glo...