You have decided to start your own pharmacy and now it’s time for you to put in place a robust business plan which will focus on financing, strategic alliances, key targets and evaluation methods.
Every type and size of pharmacy needs to build on a business plan. If you want to achieve the goals that you have set for your business, then you must lay a solid foundation.
A business plan will encompass (among others):
- the vision statement
- the mission statement
- a detailed SWOT analysis
- the business structure
- the roles and responsibilities
- the market trends
- the target market
- the sales and marketing strategy
A fixed business plan is the cornerstone of every business and the main factor to its profitability and sustainability.