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Jennifer Raney Herriage

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Pharmacy Business Plan

March 3, 2023 By JamesCall Leave a Comment


Pharmacy Business Plan


Opportunity

Problem

People need to have the ability to purchase prescriptions at discounted prices. We do this by ensuring efficiency in our operations. We can target customers who are able to pay for their prescription medication themselves so that we can reach a particular segment of the market. They are sick and poor. They should be treated the same as those who are able to afford full-priced prescriptions.

Solution

The Discount Pharmacy’s mission is to give our customers the best prices on their prescription drugs. We are committed to exceeding the expectations of our customers with our conveniences and services.

Market

Two types of customers are the target market for Discount Pharmacy: local customers, walk-ins and mail order customers.

Concurrence

Competition takes many different forms in the pharmacy industry. These include: local pharmacies and chain pharmacies.

Why Us

We have superior pricing at Discount Pharmacy. This is because we are the lowest cost provider and must ensure that our operating costs are kept low by using efficiencies.

Expectations

Forecast

The only pharmacist will be needed and the pharmacy techs will fill in the gaps. This will reduce costs. We anticipate profitability by our third-year and substantial sales by year three.

Financial Highlights for the Year

Finance is required

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


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Filed Under: Businnes Plan Tagged With: business, pharmacy, Plan

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“I have both bought and sold properties from Jennifer and I can highly recommend her without any reservation.  She is uniquely qualified due to her vast experience in not only the marketing of homes but also all aspects of ownership.  The result is a professional that adds value to the client beyond the associated cost of representation.” 
- Dean Lontos

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About Jennifer

Unlike many who get into the field, real estate has been the only career for Jennifer Raney Herriage, who has excelled in serving clients for over 20 years.  Having grown up in a real estate family, Jennifer was first inspired by her mother, a broker … Read more...

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