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Pharmacy Business Plan

3 March 2023 Businnes Plan


Pharmacy Business Plan


Opportunity

Problem

People must be able purchase prescriptions at a lower price. Our operations are efficient and we make it possible. We are able target a segment of the market, namely those customers who pay for prescription drugs themselves. They are often poor and they are sick. Therefore, they should receive the same care as those with full coverage.

Solution

The Discount Pharmacy’s goal is to provide the best prices for prescription medication. We will exceed your expectations with our convenience and services.

Market

Two types of customers are the target market for Discount Pharmacy: local customers, walk-ins and mail order customers.

Competiton

In the pharmacy business, there are many types of competition. These are chain pharmacies as well as local pharmacies.

Why Us

We are the Discount Pharmacy with superior pricing. We must keep our low cost status by ensuring that operating costs are low and maximizing efficiency.

Expectations

Forecast

By having one pharmacist, costs will be reduced and the gap filled with pharmaceutical techs. We anticipate profitability by our third-year and substantial sales by year three.

Financial Highlights for the Year

Financing Required

We will require $115,000 to begin, but we will be in a position to repay the investment at the end.


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