Pharmacy Business Plan

Opportunity

Problem

Prescriptions should be available at a reduced price for everyone. This is possible because we carefully manage our efficiency. We can target one segment of our market: customers who pay their own prescription medications. They are often poor and they are sick. Therefore, they should receive the same care as those with full coverage.

Solution

The Discount Pharmacy’s mission it to offer the best prices possible for prescription medications is our goal. We are committed to exceeding the expectations of our customers with our conveniences and services.

Market

Target market for Discount Pharmacy is two groups: walk-ins or local customers and mail-order customers.

Concurrence

In the pharmacy business, there are many types of competition. They are: chain pharmacies, local pharmacies, mail in pharmacies, canadian pharmacies.

Why Us?

We are the Discount Pharmacy with superior pricing. By operating efficiently, we can maintain our position of low-cost provider.

Expectations

Forecast

Costs will be minimized by maintaining only one pharmacist and filling the void with pharmaceutical techs. We expect to reach profitability by our third year and will generate substantial sales by year three

Financial Highlights for the Year

Financing Required

We will need $115,000 to start, we will be able to pay the investment back at the end of year 4