This market will be targeted using a service-oriented strategy, which also reflects that fact that the company lacks the bargaining power of major competitors like Wal-Mart, Walgreens and CVS.
Before choosing a location for our pharmacy store, we conducted a thorough market survey and feasibility studies in order for us to be able to be able to penetrate the available market and become the preferred choice for residence of Baltimore, MD.
However, pharmacies operate with great economic stability as people will continue to require medications despite drawbacks in the general economy. Projecting operational costs must also include other expenses, such as salaries, taxes, leased space, and everyday supplies and equipment.
Please note that this amount includes the salaries of all the staff for the first month of operation. Here are the payment options that will be available in every of our outlets; Payment by cash Payment via Point of Sale POS Machine Payment via online bank transfer online payment portal Payment via Mobile money Check only from loyal customers In view of the above, we have chosen banking platforms that will help us achieve our payment plans without any itches.
Below is a breakdown of how these funds will be used: 2.
The AGM may also be called upon to assist with the budgeting process for each The Retail Manager and Head Pharmacist are responsible for tasks specific to their areas. Duties for each are described in the document. The Company will maintain a sizable amount of print and traditional advertising methods within local markets to promote the pharmaceutical products and general merchandise that the Company is selling.