Assignment No.

Name: Muhammad Abdullah Ur Rehman

Registration No. 39619
Class: Entrepreneurship Saturday 6:30-9:30
Date: 12-10-2019

Business Idea
Online Pharmacy Store.
Online pharmacy could also be called as distance pharmacy where the customers or patients have
no face to face contact with the pharmacy staff for the delivery of all kinds of drugs and medicines.

The major beneficial aspect is online pharmacy business allow us as called distance selling. Brick
& mortar retail store don’t allow distance selling. Another benefit of setting online store is we don’t need
to pay any rent for retail space. Yes, we just need to build your own website. We can sell any kind of
medicines from our own E-Pharmacy, with the technology of Shopify, initiating an online pharmacy
business is really easy and cost effective. Here in this executive summary, I intend to explore an online
pharmacy business plan sample with a very small investment. E-Pharmacy owners must be willing to
supply medicines against a prescription to anyone in Pakistan. This is the major role in the online pharmacy
business.

 First we have to make a plan about the products first. There are several product categories, such
as prescription medicine, non-prescription medicines, baby care products, personal care
products, Ayurveda products, clinical accessories, testing equipment and cosmetics products.
 We have to determine the product range.
 Proper inventory management plays a vital role. Aim to find our self a position product as this will
make our business stand out from the crowd.
 Talk to the courier companies. Fix a renowned and reliable courier company for delivery.
 Craft a financial plan including the working cost and marketing cost.

There are some major steps for Online Pharmacy Business:

1. Online Pharmacy Business Plan
2. Registrations & Licenses For Online Pharmacy Business
3. Setting Up Online Pharmacy Business
4. Promote Our Online Pharmacy Business

Ref: https://www.nextwhatbusiness.com/online-pharmacy-business-plan-epharmacy/

https://www.infigic.com/pharmacy-app-development/