Every business has some core values and ethics and similarly, it has some basic requirements as well. Ravi Morisetty and the successful pharmacists speak about the basic requirements of the pharmacy business.
If you want to make your career into pharmacy industry then probably you need to fulfill some applied requirements before entering into this business. To run the pharmacy business smoothly you need to work on certain factors and get them completed beforehand.
Requirements
- Technical Qualification
The very first need for pharmacy business is that you must have prior technical qualifications in the same industry says, Ravi Morisetty.
- Practical Training
It is necessary for every aspirant to get the basic level training from the medical institution before coming up with his own venture.
- Seed Capital
Ravi Morisetty suggests to have seed capital arranged for all your fixed and variable expenses in the business. Initially, investment is significantly important for every business to start and grow in the early stage.
- Business Model
You need to have a specific business model in the pharmacy domain to set up your professional retail.
- Implementation
It is the most important stage when you implement all your plans and factors at one place says, Ravi Morisetty.
Also visit: Ravi Morisetty: Is Tech Making Pharmacy Better or Worse?
Ravi Morisetty 