The foundation of a profitable pharmacy lies in ensuring that the premises (rooms) are not only strategically located but also designed in such a way that they are not only compliant with regulatory standards by the National Drug Authority but also have the aesthetic appearance and beauty to capture the eye of the client. In...
STEP 1: LOCATION Any retail business’s success or failure is determined primarily by its location. Because it is the first step in starting a new firm, its importance will determine whether or not the business succeeds in the long run. According to research, a lack of adequate sales is the leading cause of retail business...
STARTING A PHARMACY BUSINESS IS ONE OF THE BEST INVESTMENT DECISIONS YOU WILL EVER MAKE IN UGANDA. In these trying “corona” times, with many people having lost sources of income, jobs including some of the most stable businesses taking substantial hits, with profits crumbling, due to a steep decline of customers from the imposed lock...
Unlike other commodities, medicines are highly regulated supplies with the potential to cause serious harm that’s why there is an independent regulatory authority the National Drug Authority given the mandate to regulate the sale and distribution of these commodities. Despite people, many of whom are non-medics starting and running successful pharmacy enterprises, they have been...
