In your company analysis, you will detail the type of pharmacy you are operating.
For example, you might operate one of the following types:
- Retail pharmacy: in addition to filling prescriptions, this type of pharmacy sells a variety of over-the-counter medication, as well as a variety.
- Home care pharmacy: this type of pharmacy typically works with medical professionals who make home visits, filling prescriptions, providing counseling, and assisting with paperwork.
- Mail order pharmacy: this type of pharmacy prepares prescriptions for shipment, and does not typically maintain a storefront.
- Compounding pharmacy: this type of pharmacy prepares customized formulations.
In addition to explaining the type of pharmacy you operate, the Company Analysis section of your business plan needs to provide background on the business.
Include answers to question such as:
- When and why did you start the business?
- What milestones have you achieved to date? Milestones could include sales goals you’ve reached, new store openings, etc.
- Your legal structure. Are you incorporated as an S-Corp? An LLC? A sole proprietorship? Explain your legal structure here.