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Students Middle aged people — who are usually working stressed from work and may have insomnia. The aged who might suffer from severe joint pains and every other age categories who falls under the conditions listed by the physician. Our Competitive Advantage In every business there is competition, however, this competition means that you have been handed a passport to try your best in seeing that you are still visible on the business radar retail pharmacy business plan ppt presentation all times.
This is so that we can make our own business work out and so that we can as well compete favorably with others. The retail pharmacy industry is known to be highly competitive in the U.
S and in most parts of the world. There are alternative provides like mail-order firms, grocery chains, mass merchants and dollar stores; these are the real competitors in the industry. These competitors ensure that they do all that lies within their powers to gain favorable market share of the available market in any given region.
In this industry, most of the competitive dynamics center around the quality of cannabis dispensed, the service offered, the location where the dispensary is at, discounts offered for the products, and to some extent the brand of the business plays a huge role.
Even though competition is stiff especially from the big, well-backed enterprises, smaller enterprises can still get their fair share of the market, if they stay true to the competitive dynamics.
It is through top notch customer service that they can secure a fair share of the available market. Smaller retail pharmacies ensure that each order carries a printout.
The printout accompany the medications providing directions on how patient are expected to take the medications, other drugs that should be avoided concurrently, and other useful information.
Tammy Morgan Medical Marijuana Dispensary Store is coming into the market well prepared to favorably compete in the industry.
Our store is well positioned and visible, we have enough parking space with good security. Our management staff is well groomed in retail pharmacy and all our employees are trained to provide customized customer service to all our clients. We are going to be one of the few medical marijuana dispensary stores in Los Angeles that will be open 24 hours a week and 7 days a week.
We have enough staff that is ready to run a shift system. At Tammy Morgan Medical Marijuana Dispensary Store, we will ensure that we have a wide range of products prescription drugs and over-the-counter drugs. We will also be involved in the sale of beauty products, cosmetic, postcards greeting cardsconvenience foods and other related products available in our store at all times.
It will be difficult for customers to visit our store and not see the product that they are looking for.
One of our business goals is to make our medical marijuana dispensary store a one stop shop. Our source of income will be majorly in the retailing of medical marijuana and the retailing of prescription drugs and over-the-counter drugs.
Tammy Morgan Medical Marijuana Dispensary Store will also generate income from the sale of beauty products, cosmetic, postcards greeting cardsconvenience foods and other related products.
Sales Forecast One of the true marks of an effective entrepreneur is being able to forecast sales based on the magnitude of work that has been put into the business. It is important to state that our sales forecast is based on the data gathered during our feasibility studies, market survey and also some of the assumptions readily available on the field.
Below are the sales projections that we were able to come up with for the first three years of operations; First Year-:Read how to write a good business plan that will also guide you in staying on track as your franchise grows.
Creating a Business Plan for Your Franchise: What to Prepare Before Asking for Money but no lender wants to read a novel-length presentation. The main thing is that the plan is thorough enough to cover all aspects of your.
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This statistic shows Walgreens gross profit and net earnings in the United States from fiscal year to fiscal year In the fiscal year, Walgreens' U.S. gross profit amounted to about.