How To Start And Manage A Drugstore Business

SEMINAR TITLE: How to Start and Manage a Drugstore Business
DATE: October 26, 2011
TIME: 9:00 am - 4:00 pm
VENUE: Unit 201 Richbelt Tower, 17 Annapolis St., Greenhills, San Juan City, Metro Manila
ORGANIZER: BusinessCoach Inc.

Overview
 
The Philippine market for pharmaceuticals is 110 billion pesos and since medicine is one of our basic needs, drugstores will always have sales despite the economic crisis. The seminar takes a practical approach and you will learn many trade secrets you would not find in books.
 
Objectives
 •to teach the legal requirements for opening a drugstore
 •to show how to get a good location for a drugstore
 •to explain the key functions of merchandise selection, sourcing, pricing and ordering
 •to teach how to operate a pharmacy profitably
 
Who Should Participate
 
Any person who wants to go into the drugstore business
 
Key Topics
 •Overview of the drugstore business. Its huge market size and growth prospects.
 •Registration requirements (inspections, licensing, BFAD regulations, etc.).
 •The functions of the Pharmacist.
 •Success stories. Secrets of those who made it big.
 •Buying a Franchise or starting a Pharmacy yourself. Learn the pros and cons.
 •Required capitalization for Generic drugstores, Full line stores, Counter type, and Self-service type operations.
 •Finding the best location. Know the location factors that affect sales.
 •Inventory control for a Pharmacy.
 •POS (Point of Sale) system. Using modern technology as a tool for inventory and personnel control and management.
 •The different types of Suppliers: Traders, Wholesalers, Distributors, and Principals. How to choose the lowest and best source of inventory.
 •Pharmacy Personnel. Who are needed and how to select and train them.
 •Pricing Strategy and tactics. How to set prices that will attract customers and still make a lot of profits.
 •Current legal issues. Coping with Senior Citizens Law and other legislated discounts.
 •Innovative Marketing and promotion. How to compete successfully against the large chainstores.
 •Errors of those who failed in the business.
 •How to control internal theft.
 •Key success factores. Planning for the future.


INVESTMENT: Php 3,000.00 per person (inclusive of snacks, lunch, drinks, seminar kit, handouts, certificate of attendance)
DISCOUNT: 10% Discount if FULL AMOUNT is paid at least five (5) days before the event.
RESERVATION: Phone reservation is required. Please call telephone 496-6949, 727-5628, or 727-8860. GLOBE: 0915-205-0133 SMART: 0908-342-3162
SCHEDULE CONFIRMATION: Schedule may change without prior notice. Please call to confirm seminar schedule.