DOWNLOAD CHEMIST BUSINESS PLAN

1.0. Executive Summary 

Ara Chemist hopes to provide a variety of pharmaceutical-related items in the Ilorin area and beyond. We are aiming for the general public, thus our price philosophy is “affordability and accessibility,” which means charging as little as possible through our online shop and over the counter.

One important component we have discussed is ensuring that our personnel, including the physician, is properly educated in providing high-quality pharmaceutical services such as drug administration and clinic suggestions.

At Ara Pharmaceutical Store, we will make certain that all of our clients receive first-rate service whenever they visit us. Regardless of the rise in client base, we will employ CRM software to manage a one-on-one interaction with our customers. If you’re looking for a unique gift, here is the place to be.

Kunle Ara and his family own and operate Ara Pharmaceutical Shop. Mr Kunle Ara is the company’s Chief Executive Officer; he holds a first degree in pharmacy as well as an MBA from the University of Ilorin in Nigeria. He has almost 10 years of experience working as a pharmacist for a non-governmental organization in Nigeria.

2.0. Goods and Services

Customers will be able to purchase a variety of generic and branded prescription pharmaceuticals from various manufacturing brands at Ara Pharmacy Shop. In addition, we will sell the following products:

Beauty products

Cosmetics

Baby products

Gourmet foods

Medical equipment/instruments on a small scale, and so on

3.0. Our Mission Statements 

To become the most visible retail pharmaceutical shop in Ilorin and other regions of Nigeria.

4.0. Our Vision Statements 

To establish a quality and top-tier retail pharmacy shop in Ilorin that offers her customers a wide selection of generic and branded prescription pharmaceuticals from the greatest pharmaceutical manufacturing firms at reasonable costs.

5.0. Our Organizational Structure

Ara Pharmaceutical Store is a company that will be developed from the ground up. We chose to select experienced and qualified personnel as the organization’s core team since we are well-versed in the laws and regulations that regulate the pharmaceutical business.

These are the roles available at Ara Pharmaceutical Store.

CEO (pharmacy owner, superintendent pharmacist and supervising pharmacist) (pharmacy owner, superintendent pharmacist and supervising pharmacist)

Pharmacist (Manager) (Manager)

Manager of Merchandising

Technician at a pharmacy (3)

Information Scientist (Contract)

Sales representatives (3)

Cashier (Counter Agent) (Counter Agent).

Cleaners

6.0. SWOT ANALYSIS 
We have created a SWOT analysis for:

Strength:

Our first advantage will be the business strategy we propose to use (physical shop and online store) that will be open 24 hours a day, seven days a week. Also, our location and outstanding customer service skills will be significant assets to us.

Weakness:

Our recognized issue is that we are a new pharmacy and may lack the necessary funds to sustain the type of exposure that the business needed to build up.

Opportunities:

The prospects in the retail pharmacy sector are infinite, and we intend to establish our company to take advantage of the chances that will be accessible to us in Ilorin.

Threat:

One of the primary challenges that we are likely to confront, like any other firm, is the economic slump. It is true that an economic slump has an impact on purchasing/spending power. Another potential danger is the opening of a new retail pharmacy shop in the same neighborhood as our target market.

7.0. Our Target Market

Ara Pharmaceutical Store is a retail pharmacy that serves a diverse spectrum of consumers in and around Ilorin. Our employees are educated to provide excellent service while adhering to industry regulations. The fact that we are opening our doors to a wide spectrum of clients does not preclude us from requiring and checking prescriptions as required by law. Our clients are divided into the following categories:

Households

Corporate Executive

Persons in Business

Those who are becoming older

Pregnant Women

Men and women in sports

Students

8.0. Income Sources

Our primary source of revenue will be prescription and over-the-counter medicine sales. Ara Pharmacy will also profit from the sale of other things such as cosmetics, greeting cards, gourmet foods, and so on.

Looking to download the rest of the chemist business plan?

How To Download Chemist Business Plan PDF and Doc (With financial analysis)

Pay the sum of N8000 (Eight thousand naira only)to the account detail below:
Bank: GTBank
Name: Oyewole Abidemi (I am putting my name and not our company account so you know I am real and you can trust me, and trace me)
Ac/No: 0238933625
Type: Saving

P.S: We can also tailor the chemist business plan to your name, business size, capital requirements, and more to fit your direct needs. Call or message +234 701 754 2853 for inquiries.

Thereafter, send us your email address through text message to +234 701 754 2853. The text must contain the title of the business plan you want and also your email address. Immediately after the confirmation of your payment, we will send the pharmacy plan sample to your email address where you can easily download it.