Opportunity
Problem
Prescriptions should be available at a reduced price for everyone. Our operations are efficient and we make it possible. We are able target a segment of the market, namely those customers who pay for prescription drugs themselves. They are poor, they are sick, they deserve the same care as those who can afford healthcare and full price prescriptions.
Solution
The Discount Pharmacy’s mission is to provide our customers with the best prices for their prescription medications. Our customers will be delighted with our services and convenience.
Market
Two types of customers are the target market for Discount Pharmacy: local customers, walk-ins and mail order customers.
Competition
Competition takes many different forms in the pharmacy industry. They include chain pharmacies (located), mail-in pharmacies, and canadian pharmacies.
Why Us?
The Discount Pharmacy’s we have superior pricing. This is because we are the lowest cost provider and must ensure that our operating costs are kept low by using efficiencies.
Expectations
Forecast
We will have one pharmacist to manage our pharmacy and fill the void with qualified pharmaceutical techs, which will help reduce costs. We anticipate being profitable by our third year. In addition, we will have substantial sales by the third year.
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